ST. ALBANS, Maine — Regional School Unit 19 Superintendent Greg Potter has postponed the first of six town meetings to address the $2.8 million loan request by the district.
The meeting slated for Monday night at St. Albans Consolidated School has been postponed due to weather, according to Evelyn Curtis, RSU 19 administrative assistant. The meeting is rescheduled for 6:30 p.m. Wednesday, March 6, at the school.
Because of serious errors in previous budgets, RSU 19 has a $3.6 million shortfall this school year. The district already has cut $1.6 million from the budget for this school year. RSU 19’s board of directors recently voted to ask residents for a $2.8 million stabilization loan. The district would use $1.5 million to repay its revenue anticipation loan to Androscoggin Bank, while the other $1.3 million would be used to pay bills. The loan will go to referendum on Friday, March 8.
RSU 19 finance manager Jerry Nault, members of the board of directors and Potter will meet with selectmen and residents of the district’s eight towns at six locations.
Potter said he will outline the district’s debt and talk about bills that can’t be paid, the rationale for the districtwide shutdown, what each town’s portion of the loan would be and next year’s budget.
“We really want to give a solid update of where we’re at, why the loan is needed and why we need to repay the [revenue anticipation note] and why cash is needed,” said Potter last week.
RSU 19’s board of directors will meet at Nokomis Regional High School in Newport on Tuesday at 7 p.m., where it will vote on a districtwide shutdown should voters turn down the $2.8 million loan.
The schedule of public meetings is:
• Newport and Plymouth, 7 p.m. Wednesday, Feb. 13, at Newport Elementary School.
• Corinna, 7 p.m. Tuesday, Feb. 26, at Corinna Elementary School.
• Palmyra, 6:30 p.m. Wednesday, Feb. 27, at Palmyra Community Center.
• Hartland, 7 p.m. Monday, March 4, at Hartland Consolidated School.
• Etna and Dixmont, 7 p.m. Tuesday, March 5, at Etna-Dixmont School.
• St. Albans, 6:30 p.m. Wednesday, March 6, at St. Albans Consolidated School.