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Board approves Aramark food-service renewal after explanation of guarantee, public questions about cost
Summary
The board approved the food-service contract renewal with Aramark; administration said Aramark guarantees $257,000 to the district's food-service net assets while the $3.3 million contract figure reflects the vendor's projected operating costs and a management fee of roughly $237,004.
The Cherry Hill Board of Education voted Tuesday to approve the district's renewal of its competitive food-service contract with Aramark after district officials described how the contract is structured and responded to public questions about an apparent multi-million-dollar shortfall.
During first public comment, caller Jeff asked why the contract appeared to cost the district roughly $3 million with only a modest reimbursement of about $275,000. "That makes no sense to me," he said, urging the board to vote no on item 26.4.
Business officials explained the accounting context: the $3,328,226 figure presented in the agenda represents Aramark's…
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