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OCR board presses administration for scenario planning after fund-balance projection
Summary
Board members said recent budget projections showing the district's fund balance falling below target require earlier and deeper fiscal oversight, more frequent stress tests and clearer reporting cadence from administration and the finance committee.
At a special meeting in the OCR High School boardroom, OCR School Board members discussed new budget projections and asked administration for more frequent scenario planning and oversight. Board members said recent projections showing the district's fund balance falling below target levels require an elevated review and stress-testing of assumptions. The discussion centered on the board's role in oversight and the work of the district's finance committee. Board members described the board-supported changes to finance…
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