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Board of Finance accepts quarterly reports, flags high overtime and accounting for $1.5M BOE transfer
Summary
Board members accepted the city's and Board of Education's budget performance reports but pressed staff for line‑item reconciliation after large overtime increases in police and fire and an accounting issue tied to a $1.5M non‑lapsing BOE transfer that auditors recommended be recorded in fiscal 2026.
The Board of Finance voted to accept the city's budget performance reports and the Board of Education's budget performance reports in separate actions and spent substantial time pressing staff for explanations of several large variances.
A board member identified unusually high overtime levels in October for the fire and police departments — "fire is up October 62%" and police overtime rising…
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