In a recent government meeting, Mister Neehan provided an update on the budget variance report, revealing a projected operating fund deficit of just under $200,000 as of May. This marks a significant reduction in the anticipated shortfall. The food service fund is expected to end the fiscal year with a surplus, despite currently showing a slight year-to-date deficit. Meanwhile, the recreation department is performing exceptionally well, projecting a surplus of half a million dollars, largely attributed to increased community programming and revenue.

Mister Neehan noted that while the fiscal year concludes on June 30, final numbers will not be available until mid to late August due to the complexity of reconciling expenses, particularly those related to the self-insured health plan. He highlighted that June will see substantial financial activity, with nearly $40 million in expenses anticipated as contracts close and various aid payments are processed.

Additionally, he presented a graphical analysis of the general fund expenditures, comparing them month by month against a five-year trend. The goal is to align expenses more closely with the academic calendar, and the board was encouraged to monitor these trends moving forward.

The meeting also touched on achievement gap reduction, with Doctor Brown introducing Beth Galiazzi, who will represent the principals of the Achievement Gap Reduction (AGR) schools. The discussions underscored the ongoing efforts to address financial management and educational equity within the district.