Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Finance update: district expects $3.3M—2.5M E&D before certification; Keenan Francois appointed to finance
Summary
Finance staff said FY25 closeout work is nearly finished and projected excess & deficiency (E&D) will be roughly $3.3–3.5 million pending state certification. The committee discussed returning funds to towns and appointed Keenan Francois to the finance subcommittee to fill a vacancy.
District finance staff told the North Middlesex Regional School Committee on Sept. 16 that FY25 closeout and audit work are nearly complete and the district expects an E&D (excess and deficiency) balance in the $3.3 million to $3.5 million range before state certification.
Nancy (finance staff) said audit items have largely been addressed and she expected submission for state certification in the coming weeks.…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
