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Gadsden finance staff says prior‑year coding errors delayed closeout and W‑2 distribution
Summary
Finance staff reported corrections to prior‑year entries and ongoing reconciliations are delaying payroll roll and distribution of W‑2s; board members asked for more detailed advance reports.
Finance staff reported that work to correct widespread miscoding from the prior fiscal year has delayed closing the district books and the distribution of employee W‑2s.
At a workshop presentation, finance staff member Miss Broden said the district found indirect costs from ESSER grants posted to the general fund that increased revenue by about $119,000 and that the team has spent “the last 3 solid weeks working on corrections to the prior year.” She said the corrections have created a bottleneck that must be resolved before payroll can be finalized and checks cut for January.
“Once we roll, payroll can happen,…
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