MSBA Announces Final Audit of Ten School Projects Totaling over $24.5M

State Treasurer Steven Grossman, Chairman 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 ten projects totaling over $24.5 million in grants from the Authority. The final audit stage is the last step in the MSBA building process and represents the successful completion and closeout of the projects.

“Every project undertaken by the MSBA is a step toward creating the 21st century learning infrastructure that every Massachusetts student deserves,” Treasurer Grossman said. “We are delighted to have brought these important investments in Massachusetts schools to a successful conclusion.”

The Board approved final audits of seven Green Repair Program projects, two Major Addition and Renovation projects and one Accelerated Repair Program project, with a combined grant value of $24,577,214. The total value of all audited projects was $48,715,564.

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

Below is the list of projects that received final audit approval at today’s Board meeting:

District School Scope Basis for Total Maximum Facilities Grant Final Total Facilities Grant
Brockton Brockton High School Green Repair $7,200,901 $5,760,721
Downey Elementary School Green Repair $3,879,331 $3,103,465
Brookline Heath Elementary School Add/Reno $7,647,906 $3,053,809
John D. Runkle Elementary School Add/Reno $25,447,801 $10,581,196
Hamilton-Wenham Regional Cutler Elementary School ARP $538,814 $233,953
Newton Bowen Elementary School Green Repair $151,022 $53,492
Williams Elementary School Green Repair $291,598 $103,284
North Andover Annie L. Sargent Elementary School Green Repair $541,091 $256,585
Atkinson Elementary School Green Repair $957,988 $454,278
North Andover Middle School Green Repair $2,059,112 $976,431
  Totals $48,715,564 $24,577,214