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Financial report flags international‑tuition shortfall; committee discusses using funds for high‑school design
Summary
At the Nov. 6 meeting Hopkinton officials reported a small positive variance early in the fiscal year but flagged a projected deficit in the international tuition revolving account and discussed using district funds toward high‑school design work tied to an ESCO decision and a potential Green Communities grant.
The district's finance presenter reported a small positive variance in early fiscal‑year accounts but drew attention to one revolving account showing a projected shortfall.
"The 1 account that I want to draw your attention to is the international tuition revolving using the full projection of what we would utilize as the offset of 450,000... that account does show a deficit," Mrs. Ratkovich said during the financial…
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