MSBA Announces Final Audit of Eight School Projects Totaling over $43.1M

March 25, 2015

State Treasurer Deborah B. Goldberg, Chair of the Massachusetts School Building Authority (MSBA), and Jack McCarthy, MSBA Executive Director, announced that the MSBA Board of Directors has approved final audits for projects totaling over $43.1 million in grants from the MSBA. The final audit stage is the last step in the MSBA building process and represents the successful completion and closeout of the projects.

“We take pride in every project undertaken by the MSBA,” said Treasurer Deborah B. Goldberg. “We are proud to be part of providing the 21st century learning environment so critical to students throughout our Commonwealth."

The Board approved final audits of five Green Repair Program projects, one addition/renovation project, one project for the construction of a new school and one Feasibility Study. The combined grant value of all audited projects was $43,188,038.  

“Approval of final audits brings these vitally-needed projects to a successful conclusion, which benefits students all across the Commonwealth,” Executive Director McCarthy said.

The MSBA partners with Massachusetts communities to support the design and construction of educationally-appropriate, flexible, sustainable and cost-effective public school facilities. Since its 2004 inception, the Authority has made over 1,500 site visits to more than 250 school districts as part of its due diligence process and has made over $11.2 billion in reimbursements for school construction projects.

Below is the list of new program grants that received final audit approval at today's Board meeting:

District School Scope Total Project Budget Total Facilities Grant
Berkshire Hills Regional School District Monument Mountain Regional High School FSA $750,000 $351,194
Fairhaven Rogers/Leroy Wood Elementary School New $23,577,607 $13,062,017
Marlborough Marlborough High School Green Repair $7,048,596 $3,092,286
Francis J. Kane Elementary School Green Repair $1,048,677 $348,666
Narragansett Regional School District Phillipston Memorial Elementary School Green Repair $161,232 $78,096
Southeastern Regional Vocational Technical School District Southeastern Regional Vocational Technical High School Add/Reno $33,677,475 $25,120,098
Springfield Mary M. Walsh Elementary School Green Repair $819,836 $603,617
Milton Bradley Elementary School Green Repair $767,533 $532,064
  Totals $67,850,956 $43,188,038