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Committee reviews cyber-event transfers, insurance coverage and bank balances; PTA donation flagged for next-week vote

Ridgefield School District Board of Education Budget, Finance and Operations Committee · October 9, 2025
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Summary

Staff said September transfers in the packet reflect moves approved after last month's authorization related to a cyber event and that insurance should cover incident costs; the committee also reviewed bank-account balances and noted a Ridgeberry PTA $2,150 donation will require a vote next week.

Staff told the committee that transfers performed in September were those previously approved in response to a recent cyber event and that the district's insurance appears sufficient to absorb incident-related costs. An administrator said the transfer made after last month's approval should cover the FY26 impact and that any future security-related work likely will be budgeted in later fiscal years for enhanced protocols and vendor services.

"We're well within our insurance limits that it should not hit our operating budget," a staff member said when asked if the incident would create material cost exposure. Committee members requested continued updates and a possible readout from ongoing data analysis by Nov. 1.

The committee also reviewed gifts and donations, including a Ridgeberry PTA donation of $2,150 for a K'5 art enrichment experience that staff said will require a formal vote at next week's full-board meeting; Principal Scaliz is expected to present details then.

Finally, staff presented bank-account balances the committee requested (special donations, building rental, state grants, high-school activities and school lunch). The school-lunch account declined from about $305,000 last September to $135,000 this September; staff attributed the change to graduated students cashing balances and a handful of equipment replacements (an ice machine and a dishwasher) paid from the account.

Next steps: staff will keep the board apprised of any material findings from the cyber-event analysis and will include the PTA donation on next week's agenda for board action.