Bridgehampton Voters Approve $1.5 Million Capital Reserve Fund

Posted on 27 March 2013

By Amanda Wyatt

Bridgehampton residents took to the polls last Wednesday, March 20, voting 49 to 21 to approve the creation of a $1.5 million capital reserve fund to finance repairs and maintenance to school facilities over the next five years.

The fund, which comes from unexpected savings and revenues received by Bridgehampton School, will be put towards the repairs outlined in the district’s five-year plan. Some items in the plan include repairing fire escapes and making other safety updates, as well as modernizing outdated heating systems and making the school more energy efficient.

While $1.5 million was approved by voters on March 20, school administrators currently estimate that only $1.35 million is needed to make these repairs.

This year, Bridgehampton has a fund balance of $604,000. Much of this fund comes from transportation savings realized after last year’s budget vote; savings from repairing instead of replacing its gym floor; collecting past-due payments from other districts; overestimating health insurance based on state numbers and planning for out-of-district student placements that did not come to pass.

In related news, Bridgehampton was recently awarded a Virtual Advanced Placement (AP) grant from the New York State Department of Education.

At a board of education meeting following last Wednesday’s vote, Dr. Favre said the school was “fortunate” to be a part of the grant, which is meant to provide students from low-income families greater access to online AP courses.

The school is one of 13 districts on Long Island that will benefit from the roughly two million dollar grant spearheaded by Nassau BOCES, in conjunction with Eastern and Western Suffolk BOCES. Southampton was the only other local district that received the grant.

Bridgehampton is expected to receive 20 licenses for their students to access online courses, 20 mobile learning devices and 16 laptops. The school will also receive a wireless access point and printer, online training for teachers and registration fees for ninth grade students to take the PSATs.

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