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Audit & Finance committee presents preliminary forecast, Head Start updates and WSF utilization report

2357274 · February 10, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The committee reviewed the Head Start budget, weighted student funding utilization, procurement items and a preliminary long‑range financial forecast to 2029. Staff said schools have unencumbered funds available and will be asked to propose end‑of‑year strategies.

At the Committee of the Whole meeting Feb. 10, members of the Audit & Finance Committee summarized action items the committee advanced to the board and highlighted several staff reports.

Key points from the committee report

- Head Start budget and reallocation items: Committee members heard a presentation on the Head Start budget and approved reallocation items related to athletics, IT improvements and completion of capital phase work (including a bus lot project on James Island).

- Weighted Student Funding (WSF) utilization: Staff presented a WSF…

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