Work on the new Bancroft Elementary School, slated to replace the 42-year-old building in the 2014 school year, is progressing steadily and on time, said Tom Deso, chairman of the School Building Committee. Tree clearing work has been completed, allowing crews to move on to excavation in the area where the extension to West Knoll Road is to be located. The road extension is on schedule to be completed before the start of school in September, Deso said. West Knoll Road will become the general public’s access to the existing Bancroft School in September as crews take over Bancroft Road to access the new $44.7 million school’s construction site. Recently, the School Building Committee made $2.9 million worth of cuts to the project in order to stay on budget. The project went over budget after the start of construction was halted while the town dealt with legal appeals from abutters concerned about potential flooding impacts and other issues. An out-of-court settlement was reached in April.