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Board of Finance flags $32,000 discrepancy in Board of Education report, requests business director attend October meeting
Summary
The Board of Finance accepted the Board of Education’s budget performance report through Aug. 31, 2025, but a member raised a $32,000 discrepancy in employee-benefits accounting and the board asked the BOE business director and facilities director to attend the October meeting to clarify trial-balance and capital-reserve reallocations.
The Torrington Board of Finance on Sept. 16 accepted the Board of Education’s budget performance report for the fiscal year through Aug. 31, 2025, while noting outstanding questions about bookkeeping and trial-balance adjustments.
During discussion a board member identified a $32,000 discrepancy under employee benefits — specifically health insurance — between July closing balances and August expense postings. The board asked that the BOE business director and facilities director attend the October Board of Finance meeting to review the trial balance and to show where capital-reserve reallocations would be…
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