Greenwich Schools 2027-2028 Capital Budget is Now Complete

By Laura Kostin

The Greenwich Public Schools 2027-2028 Capital Budget is now complete. Members of the Board of Education held a special meeting Thursday night to review updated information, the most substantial of which was related to the renovation of Riverside School. Earlier iterations of the Capital Budget estimated the renovation at $45.9m. The project is now expected to cost a total of $75.7 though $2.1m has been already appropriated. The remaining $73.6m is what the Board of Education is evaluating, along with the rest of the spending plan first unveiled in September.

Typically, the Board of Education votes on its Capital Budget in October, but this year, the BOE waited until the Riverside School renovation estimate was available.

Superintendent Dr. Toni Jones alluded to the outstanding estimate for the project at last week’s BOE meeting saying, “The only thing that’s a little bit different this year is the last six years, in October, we have passed the capital budget…This year, we needed a little bit more time for one of our major projects.”

According to the latest plans published online, the project will take place in phases, with an addition being constructed first and eventually used as swing space, followed by the renovation of existing spaces which include resized classrooms as well as accessibility improvements and new play areas.

While the project’s price tag has increased, it is expected to receive State reimbursement of about $24.6m, so the estimated cost to the Town is approximately $51m. The anticipated schedule includes a two-year construction timeline from spring of 2028 to summer 2030.

A Board of Education Budget meeting was scheduled for Friday, November 13 but it has been cancelled.

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