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Board accepts financial report, approves settlements and administrative terminations; consent agenda passed
Summary
Board accepted the CFO’s November financial report showing stronger revenues and CARES/ESSER reimbursements, approved two settlement recommendations disclosed in closed session, authorized administrative terminations for job abandonment and approved the consent agenda.
The Detroit Public Schools Community District board heard the finance report from CFO Jeremy Verdito and approved it by voice vote. Verdito told the board that tax collections had produced year‑to‑date balances in the district’s capital and operating millage accounts, that revenues were higher than earlier budget projections…
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