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Operations committee projects $384,000 surplus, weighs moving Munis financial system to cloud

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Summary

Wallingford School District operations committee members reviewed a financial projection through April showing a $384,000 surplus and discussed migrating the district—s Munis financial system to a cloud-hosted service.

Wallingford School District operations committee members reviewed a financial projection through April that shows a $384,000 surplus and discussed a planned migration of the district—s Munis financial system to a cloud-hosted service.

The surplus figure represents a decrease of about $342,000 from earlier projections, Finance staff member Mr. Barone said. He told the committee that salary costs rose, largely because of certified substitute projections, offset somewhat by about $27,000 in certified salary savings from unpaid leaves of absence. Barone said other drivers include a $210,000 increase in special education behavioral therapist services, an estimated…

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