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Board hears April settlement, ongoing food‑service shortfalls and CEP analysis
Summary
Treasurer reported a large April settlement and a positive month-end balance; the board was warned food‑service operations are running a deficit and staff said a Community Eligibility (CEP) switch did not look financially beneficial under current assumptions.
The Cuyahoga Falls City School District Board of Education received its monthly financial update at the April 22 meeting, where the district reported a large April settlement and continued pressure in school-meal finances.
Treasurer Ms. Stoikoi reported the district posted a positive month‑end balance after the April settlement and noted the district received about $6,000,000 in April, which will increase available funds heading into slower revenue months in May…
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