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Finance director: district finances largely on track but charter cost and special‑education settlements will increase expenses
Summary
The finance presentation said revenue collections are near typical levels and payroll is on target, but recent legislative changes and pending special‑education settlement agreements will raise charter and settlement expenses in coming months.
Ms. Gathers presented the finance package and told the board revenue and payroll are “very consistent across board,” with tax collections for the city, township and borough at roughly the mid‑90 percent range for the first half of the fiscal year.
“Typically, after about January, this starts dropping off,” Ms. Gathers said, and collections…
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