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Merrimack Valley School Board accepts finance report after questions about overtime and object 2722
Summary
The Merrimack Valley School Board voted to accept its finance report May 5 after staff explained salary-driven overspending and said object 2722 (now labeled telecommunications) covers out-of-district/transient transportation. The board also approved last month’s minutes.
The Merrimack Valley School Board on May 5 voted to accept its monthly finance report after staff described overspending in salary accounts and answered board questions about several budget objects.
Finance staff summarized the packet’s finance report and noted “there were over 2,500,” and that several function totals were overspent, with the presenter saying the overage was “primarily under salaries.” The presenter added that staff…
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