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Revere food service program posts deficit; new vendor guarantees $100,000 return
Summary
District staff told the Sept. 9 committee the food services program ran a deficit last school year largely because of retroactive pay and vendor transition; a new vendor contract guarantees a $100,000 return for the coming year.
District finance staff presented a food services financial report on Sept. 9 that showed a deficit for the last school year and explained how the program will use fund balance and contract provisions to manage the shortfall.
Finance staff said the deficit resulted largely from retroactive pay following collective bargaining settlements for full- and part-time cafeteria staff as well as the transition between food-service management companies. “We know that there would be something of a deficit realized this year that encompass[es] both the previous and current fiscal year, and you can see that we were, amply…
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