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Accounts committee hears Department of Revenue concerns about school shortfalls and CARES Act deficit
Summary
A Department of Revenue letter flagged a $3.79M CARES Act-related deficit and the committee heard schools report a $4.6M non‑net spending shortfall for FY26; auditors and the CFO are negotiating fixes and the committee emphasized urgency before the June 30 fiscal year end.
The accounts committee reviewed a Department of Revenue (DOR) letter and pressed the auditor and finance staff for the status of school‑related deficits on May 7.
Chair asked about a DOR citation of a $3,791,387 deficit in a special revenue fund tied to CARES Act funding that the auditor said was on the school side. The auditor said negotiations were ongoing between the CFO and the schools and…
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