Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Finance And Legal topic
No spam. Unsubscribe anytime.
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.
Get email alerts on the Finance And Legal topic
No spam. Unsubscribe anytime.
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 (citing donations, state revenue adjustments and federal ESSER/CARES reimbursements), and that expenses were modestly above projections due to hazard pay and one‑time bonuses.
After receiving committee reports, the board met in closed session under MCL 15.268(h) to consider written attorney‑client communications and settlement recommendations. Returning to open session, the board voted to accept two settlement recommendations made by the office of general counsel (motions carried by voice vote) and later approved administrative termination recommendations for job abandonment. The board then approved the consent agenda, which the chair said had been vetted in committee, and adjourned the meeting.
No dollar amounts for settlements or administrative terminations were read into the public record during open session; the board recorded the motions and outcomes on the meeting transcript and asked staff to follow through with notifications and the actions required to implement decisions.
