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Wakefield School Committee reviews budget reports, approves payroll warrants and discusses Woodville PTO gift
Summary
At the April 8 meeting the committee heard a fiscal-year‑to‑date financial report showing roughly a 3% available balance, approved payroll warrants, and discussed a Woodville PTO donation proposal for a math club; no large budget reallocations were approved on April 8.
The Wakefield School Committee received its regular financial update on April 8 and approved two payroll warrants while discussing a PTO gift proposal and end‑of‑year budget procedures.
School finance staff reported fiscal‑year‑to‑date financials through March 31 showing a little more than 3% of the budget remaining after encumbrances, which the presenter said translated to roughly $1.6 million available for the rest of the fiscal year. The district reported some lines slightly over budget and an expectation of routine year‑end budget transfers; grant accounts must be spent down…
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