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PFM tells Haverford Township SD board baseline projections show a $5M-plus fund-balance drawdown without changes
Summary
PFM's operating-projection baseline shows a -$3.6M operating result for 2026-27 and a roughly $5M drawdown after capital transfers; consultants flagged $3.3M in foregone revenue from not taking prior Act 1 index increases and urged multi-year strategy, additional revenue or cost levers.
PFM (Public Financial Management) presented a multiyear fiscal analysis to the Haverford Township School District board, warning that the district's baseline projections would draw down reserves over the next five years unless revenue growth outpaces expenditures or structural changes are made.
"If nothing else changes... in 2026-27 we show the operating result as a negative amount of $3,600,000 with a $1,400,000 transfer for capital projects that draws down the fund balance by roughly $5,000,000," a PFM presenter told trustees during the finance committee segment.
PFM outlined key drivers: enrollment trends…
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