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Uxbridge School Committee asks for firmer fiscal projections after large revolving deposits
Summary
Finance staff reported unexpected deposits to the athletic and preschool revolving accounts and presented grant balances; committee members demanded clearer end-of-year projections, an open-PO cleanup and memos for aged invoices ahead of the next financial update.
At its April 15 meeting the Uxbridge School Committee pressed administrators for clearer, auditable financial projections after finance staff reported large recent deposits to revolving accounts and identified grant-end date errors that require correction.
Finance staff said athletics-related PayPal receipts that were once estimated at about $40,000 are closer to $75,000 and that the preschool account received a turnover deposit…
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