Berwick Area SD to develop plan to spend down $2.1 million cafeteria fund
Auditors flagged a $2.1 million cafeteria fund balance; staff will draft a spend-down plan focused on allowable cafeteria expenses such as tables and kitchen equipment and present floor plans for review.
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District staff told the committee that Nutrition Inc., the district’s food-service vendor, has built a cafeteria fund balance of about $2,100,000 and that auditors require a spend-down plan for those restricted funds.
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