East Ramapo Board reviews $100 million surplus amid financial management concerns

During a recent budget work session for the East Ramapo Central School District (ERCSD), board members expressed significant concerns over financial discrepancies that have led to confusion about the district's fiscal health. The meeting, held on January 27, 2025, revealed that the district has been operating with a substantial surplus over the past three years, contrary to previous claims of a deficit.

Board members highlighted that ERCSD has accumulated over $90 million in surplus funds, raising questions about the accuracy of financial reporting and the management of district resources. One member pointed out that despite warnings of cash shortages, the funds were available in the district's accounts, suggesting a lack of clarity in financial oversight.

The discussion also touched on the need for a comprehensive controller's report, which has yet to be received. This report is expected to clarify the discrepancies in salary projections and budget codes that have been a source of confusion. Board members emphasized the importance of transparency and accountability, particularly given the oversight from state monitors for over a decade.

In addition to addressing the surplus, the board began preliminary discussions on the 2025-2026 budget. The superintendent outlined priorities aimed at reallocating resources to enhance student outcomes, including improving literacy programs and addressing staffing needs. The board plans to present detailed budget proposals in upcoming meetings, with a focus on ensuring that funds are used effectively to support educational initiatives.

As the ERCSD navigates these financial challenges, the board remains committed to maintaining student services and ensuring that the community is informed about the district's fiscal status. The next steps include preparing a detailed breakdown of the district's finances for review at the following meeting, aiming to restore trust and clarity in the district's financial management.