Reserve fund Is On Warrant



TRENTON — Selectmen Tuesday agreed to place a warrant article asking voters to approve the establishment of a reserve account for special education services on the warrant for the upcoming town meeting in May.

Superintendent Rob Liebow came before the board to request their support. Since Trenton voters agreed to join with the Mount Desert Island school system last year, the Trenton school board has been working to integrate their curriculum and policies with their new partner.

Typically, the town has voted against the establishment of reserves for unforeseen expenses, said chairman Jim Cameron. Now that the town has joined with a new system, however, things may change, he said.

It is the policy of the new school system to set aside $100,000 in reserve from state Medicaid reimbursement funds, said Mr. Liebow, as Union 98 has been doing for several years. The town would allow those funds to flow into the reserve to be used for unanticipated special education expenses. Once the $100,000 cap was reached, the funds would cease to be directed to the reserve and would go into general revenue.

 For complete story, pick up a copy of the Mount Desert Islander.

 

Nicole Ouellette

Nicole Ouellette

When Nicole isn't giving advice she's completely unqualified to give, she runs an Internet marketing company in Bar Harbor, where she lives with her husband Derrick and their short dog Gidget. She loves young adult novels, cooking and talking French to anyone who'll talk back. [email protected]