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Canton school business office reports payroll cleanup, expects to use special education reserve to close year
Summary
Business office reported payroll and accounts-payable cleanups that recovered roughly $1.2 million in encumbrances, leaving the operating budget about $1.7 million overspent before expected revolving revenue and reserves; the committee approved the Q3 report 4-0.
The Canton School Committee accepted the district's Q3 financial report and related materials on May 1, approving the report by a 4-0 vote after a presentation from the district's business office.
The district's business manager told the committee the office completed payroll and accounts-payable cleanups that identified roughly $750,000 in overencumbered payroll and about $450,000 in duplicate payroll encumbrances that were released. The presenter said those efforts and other adjustments reduced but did not eliminate an operating deficit; at the time of the presentation…
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