Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Finance report: $144,466 projected surplus, but out-of-district tuition and transport show large deficits; board probes vehicle and substitute costs
Summary
The district reported a projected $144,466 surplus entering the fourth quarter, while out-of-town tuition remained in a large deficit and gasoline and transport lines rose; the board discussed grounding district vehicles, weather-related fuel use and use of an outside substitute contractor (ESS).
The Middletown School District finance team told the board on April 8 that the district is showing a projected surplus of $144,466 entering the fourth quarter but flagged large deficits in several lines, notably an $886,500 deficit for out-of-town tuition and a $200,000 deficit for out-of-town transport.
“With this month's financial report, we enter into the fourth quarter of the year with a projected surplus of $144,466,” Executive Director of Finance Natalie Forbes said. Forbes said certified salaries show a higher surplus as unfilled positions clarified at year-end, while…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
