Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the School Finance topic
No spam. Unsubscribe anytime.
Wyoming Valley West SD finance committee to review completed audit as ESSER funds close; about $1.1 million remains for site work
Summary
At a Jan. 8 work session, board members said the district will receive a completed audit and that ESSER federal funds have been closed out; remaining Site Log invoices of roughly $1,100,000 would be paid from the general fund.
Mister Keating, a member of the Wyoming Valley West School District board, told colleagues the district will soon receive its completed audit and that the finance committee will take a close look at the district's debt service and capital needs.
The audit "is going to be providing the board in the very near future, with the the district completed audit," Keating said during the Jan. 8 work session. He told the board the finance committee's immediate task will be to review the district's debt service picture and to develop a short- and long-range capital plan for facilities.
Board members also heard that the district's Elementary and Secondary School Emergency Relief (ESSER) funds have been closed out and final reports submitted. Staff said remaining Site Log invoices for ongoing site work will be paid from the district's general fund; the amount discussed at the meeting was about $1,100,000.
During the meeting the board asked whether there were questions on bills from Mister Kuchar or the treasurer's report; no formal motion or vote on the matter was recorded at the work session.
The board scheduled its next regular meeting for Jan. 15, when members said they expect to continue reviewing the audit and related budget implications.
