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City manager flags accounting gaps after schools say locality owes millions
Summary
City Manager Oglesby told a joint Franklin City Council–school board work session that discrepancies in accounting and reconciliation mean preliminary claims that the city owed the schools millions require verification; she described system, process and staffing gaps that complicate calculation of what, if anything, is due.
City Manager Oglesby told the joint Franklin City Council and Franklin Public Schools work session on July 28, 2025, that city and school accounting practices produced conflicting numbers about what the city may owe the schools for FY25 and that key reconciliations and supporting documents were missing.
"Tonight is just going to be a presentation to share the results of review the financial matter as it relates to the Franklin Public Schools FY25 operating budget," Oglesby said, describing the briefing as informational. She said school staff initially presented a worksheet claiming the city owed $2.7 million and later noted a figure that increased to $5.3 million.
The presentation focused on three concerns: legal appropriation limits and where authority lies; differences in accounting systems and reporting practices; and gaps in reconciliation, documentation and staffing that prevent the city from verifying the schools' claims. Oglesby emphasized that the city council, not the school board, sets appropriation limits…
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