Finance Committee defers prior minutes, reviews $177 million school project budget
Dracut Finance Committee receives detailed school project briefing at $177 million price tag. Committee Chair Cori Stott and members Nancy McDonald, Joyce Andrews, Rich Cowan, and Alyssa Nazzaro (Emily Mattox absent) reviewed the Joseph A. Campbell School proposal with Owner's Project Manager Paul
Finance Committee · Meeting of February 26, 2026
Dracut Finance Committee receives detailed school project briefing at $177 million price tag. Committee Chair Cori Stott and members Nancy McDonald, Joyce Andrews, Rich Cowan, and Alyssa Nazzaro (Emily Mattox absent) reviewed the Joseph A. Campbell School proposal with Owner's Project Manager Paul Kalous and Architect Frank Tedesco, learning that the Massachusetts School Building Authority has offered an $83 million grant with 120 days to accept, leaving a $94,291,000 local share.
The town will seek voter approval via warrant article and special election in June, with design development and construction documents running 2026 through 2030 and completion allowing demolition of the existing school. Superintendent Stone noted renovation of both Campbell and Greenmont schools would cost $54 million with zero state reimbursement, while the new school adds capacity for future enrollment growth expected from development.
In the full story:
- The complete report — 585 words
Source: the Finance Committee meeting of February 26, 2026, compiled from the official minutes.
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