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Jenkintown School District approves IRS reporting contract and reviews policy updates
Summary
The school board approved a contract to prepare Affordable Care Act Form 1095-C data and reviewed first readings of several policies including attendance and procurement thresholds; staff also presented the district's January financial snapshot showing stable fund balances.
At a 2026 work session, the school board of the Jenkintown School District approved, by voice vote, a contract to prepare and file Affordable Care Act reporting (IRS Form 1095-C) and reviewed several policy first readings and financial reports.
Lou, asked to walk through the financial items, presented a consolidated revenue and expenditure comparison report and a fund-balance tracker; Lou reported general fund cash of $7,400,000 and a capital-project cash balance of $189,000 and said the district's financial position remains…
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