Moorestown BOE Meeting 12/16/25

The Moorestown Board of Education held a meeting on December 16, 2025, which included updates on various school activities, student council initiatives, and community events. A significant portion of the meeting focused on procurement and financial matters, including the successful bond sale held on December 3, 2025, which resulted in a lower interest rate of 3.86% compared to the preliminary estimate of 4.2%, yielding nearly $4.3 million in savings over the life of the bond. The board also discussed the receipt and evaluation of RFPs for strategic planning consultants, construction management, and environmental consulting services, with plans to select vendors and begin implementation in early 2026. Additionally, the board reviewed budget challenges for the 2026-27 fiscal year, including rising health benefit and transportation costs, and discussed restructuring the transportation department to improve service coverage. The district is also considering applying for a local recreation improvement grant of up to $75,000 to support projects aligned with the referendum. Several motions were passed approving agenda items related to finance, business, and employee relations. The meeting concluded with recognition of retiring staff and expressions of gratitude for outgoing board president Mark Villanoeva's service.