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Capital Reserve Fund Proposition Highlights

The district’s 2010 Building Conditions Survey was presented to the board of education by the district’s architect, John A. Grillo Associates, Architects, PC, at its public meeting on Jan. 20. At its meeting on March 17 the board determined that it is necessary to undertake certain capital projects identified as a result of the district’s 2010 Building Conditions Survey and other priority projects.

Capital Reserve Proposition 2 on the May 17 ballot will cover projects with a total estimated cost of $2,405,725, and will be funded from the balance of 2010 Capital Reserve Fund plus interest and the General Fund un-appropriated unreserved funds of no more than  $286,991. There will be no additional cost to the taxpayer.

Projects will include:

Secondary School

• Storm Drainage Reconstruction

• Running Track and Field Events Reconstruction

• Library/IT Office Mechanical Ventilation

• Crawl Space Ventilation

• Retaining Wall and Soil Stabilization

Munsey Park

• Exterior Wall Reconstruction

Shelter Rock

• Generator Installation/Replacement


• Catch Basin and Drywell installation

Additional Capital Reserve Fund Proposition information can be accessed at the school district’s website After accessing the Manhasset school district website, click on the “Budget” tab located on the top left corner of the webpage, then click on the link located in the left hand column “Capital Reserve Fund Proposition Information and Explanation.”