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Board workshop: Family Empowerment Scholarship reporting added to monthly financials; PEP program tracking discussed
Summary
Finance staff added a dedicated page for Family Empowerment Scholarship (FES) figures to the district financial packet and discussed how PEP scholarship receipts would be tracked when funds begin to flow; staff said FES figures are provided by the state and FTE-driven.
District staff said on Jan. 14 that they have added a fourth page to the district financials PDF to show Family Empowerment Scholarship (FES) amounts and the program's history dating to 2020. The page will be included monthly for transparency and staff said scholarship estimates will be removed from revenue and expense amounts as actual state payments are received.
Staff explained that when FES first started the state provided…
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