Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
New Haven schools report $4.4 million projected general-fund shortfall as federal grants decline
Summary
District finance staff told the Finance & Operations Committee the general fund is projected to finish the year about $4.4 million short and warned of a roughly $58.7 million reduction in grant resources as one-time federal ARP/ESSER funds expire.
New Haven School District finance staff told the Finance and Operations Committee on an unspecified date that the district is forecasting a $4.4 million general-fund shortfall for the fiscal year and that multi-year grant funding is falling sharply.
The presentation, delivered by Christina Hannons, summarized monthly and quarterly financial reports. "Our total expenditures for this period are $2,077,000,000," Hannons said, and the general fund has spent 68.22% of its adopted budget year to date. She told the committee the district currently projects a $4.4 million variance for the full year.
Hannons also walked members through the special-funds (grant) picture. She…
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
