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Finance committee reviews October report, recommends transfers to cover electricity shortfall and HVAC repairs
Summary
The Darien School District Finance Committee reviewed its October financial report showing a $589,006 positive balance and recommended two transfers to cover a forecasted electricity shortfall and contracted HVAC repairs; members expressed general support but no roll-call on transfers is recorded.
The Darien School District Board of Education Finance Committee reviewed the October 2025 financial report and heard from district finance staff that the district shows a positive balance of $589,006, an increase of $88,397 from the prior month.
"This is the financial report, through October. We do show a positive balance of $589,006," Rich said, opening the presentation. He identified tuition (about $133,000) and ESY timing changes (an $86,615 savings due to a later ESY start) among the drivers of the improved balance, and described a mix of staffing and turnover savings across multiple RCs.
Rich identified the largest negative change as electricity costs. He said the district is "forecasting a deficit of 112,256," and later presented recommended…
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