OLD LYME — The Lyme-Old Lyme Board of Education is moving forward with a plan to build a more than $2 million artificial turf athletic field, a project school officials say will conserve groundwater without placing a burden on taxpayers.
Superintendent Ian Neviaser said last week that the board has almost amassed enough money in the district’s undesignated capital expense fund to build the field. For the past two decades, the district has typically funneled 1 percent of its annual budget into the fund to help finance larger projects and avoid budget increases or the need to bond, he said.
The fund balance is currently …
Read the full article by Mary Biekert and published on theday.com Dec. 9 at this link.
It’s unbelievable that this much money could be spent on an high school athletic field. Hopefully Old Lyme taxpayers will not get stuck paying for any part of this extravaganza.