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SFUSD accepts unaudited financial reports; staff praised, liabilities flagged
Summary
The board accepted FY2005–06 unaudited financial reports after staff met state deadlines; district fiscal staff highlighted improved processes but warned of encroachments on categorical programs and large unfunded liabilities for retiree health.
The San Francisco Unified School District Board of Education accepted the district's unaudited financial reports for fiscal year 2005–06 after Superintendent Gwen Chan and Chief Financial Officer Greg Grama praised staff for meeting statutory reporting deadlines.
Greg Grama told the board the reports were submitted to the state on Oct. 16 and credited a cross-departmental effort, restructured general ledger staffing and adherence to a strict schedule for the…
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