Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
State monitor warns of multi‑year budget gaps as board accepts March unaudited financials after revote
Summary
Acting CFO Derek Blair reviewed unaudited financials and the board voted to accept the March 2025 unaudited reports after rescinding and revoting; State Monitor Jaime Alasea presented a draft 2025‑26 general fund budget and projected multi‑year structural shortfalls that require further planning.
The Rochester City School District Board of Education accepted the district’s unaudited financial reports for the period ending Feb. 28, 2025 after a procedural rescind-and-revote of the motion on March 27.
Derek Blair, acting chief financial officer, summarized the unaudited reports, reporting a “strong” cash position with an ending balance the presentation described as approximately $422 million and noting small changes in revenue estimates tied to prior‑year state adjustments and special‑aid grant rollovers. Blair also described capital project activity for February and provided snapshots from the Oracle finance system migration.
Minutes later the board’s vote to accept the unaudited March 2025 financial reports was disputed when one commissioner said their vote had been recorded incorrectly. The board rescinded the initial vote and conducted a new roll call. The second vote passed; the board did not take a separate…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
