Wold Forecasting Capitol Expenditures Fall23

Forecasting capital expenditures in volatile markets

This piece was originally written by Alison Andrews, principal-in-charge and educational planner at Wold Architects and Engineers, Mark Altmayer, chief financial officer and treasurer at Huntley Community School District 158, and Tim Farquer, superintendent at Williamsfield Schools and Bus2Grid initiative administrative lead, for the Illinois ASBO UPDATE Fall 2023 Magazine. Click here to view the full issue, or download this piece at the end of the article below.

From the disruptive impact of the pandemic to supply chain shortages and economic fluctuations, school districts have been compelled to seek innovative solutions to maintain financial stability while prioritizing student well-being and education excellence. Against this backdrop, sustainability and energy-saving initiatives have emerged as powerful cost-saving strategies that districts have embraced to combat the increasing costs. In this article, you will follow the journey of two districts that transitioned to electric buses and learn the best strategies to employ when approaching capital improvements.

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