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Board split on demand for monthly BOE bank reconciliations; motion to require reports fails
Summary
A motion to add BOE monthly expenditure reports and bank reconciliations to Board of Finance packets failed 3–3–1; the BOE finance director offered three summary reports and committed to attend BOF meetings to answer questions.
On Dec. 17 the Board of Finance debated whether the board should receive more granular monthly financial materials from the Board of Education. Member Liz moved that the board add the BOE custom expenditure report and bank reconciliations for the operating, grant, student activity and cafeteria accounts to the standard packet.
Liz argued the bank statements are…
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