By James Lomuscio
Insurance proceeds of $562,367 for prior mold remediation at Coleytown Middle School (CMS) will go into the town’s general fund, not the schools’ carryover account as the Board of Education requested.
That was the unanimous decision of the Board of Finance tonight.
“The carryover account shouldn’t be the mold account,” Board of Finance Chairman Brian Stern said before the board’s vote approving an amendment for the funds to go into the general fund.
“Have the carryover account stand on its own two feet,” he added.