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Runnemede board approves September financial reports, OKs $2.03 million in payments
Summary
The Runnemede Board of Education on Oct. 15 approved the Board Secretary's and Treasurer's reports for September 2025, certified line-item compliance, and authorized payment of bills totaling $2,033,914.31 across payroll and accounts-payable batches.
The Runnemede Board of Education approved its monthly financial statements and authorized payments totaling $2,033,914.31 at its Oct. 15 regular meeting.
Business Administrator and Board Secretary Sean R. McCarron presented the Board SecretaryFinancial, Revenue and Treasurer's reports for the month ending Sept. 30, 2025, and certified that no line-item appropriation was over-expended in violation of N.J.A.C. 6A:23A-16.10(c)3. The packet included interim balance-sheet figures showing total assets and resources of $17,979,555.83 and detailed budget-to-actuals across instruction, special education, operations and benefits. McCarron also submitted the Treasurers certification signed on Oct. 15.
The board voted to pay bills in the following batches listed in the meeting packet: Payroll Batch #51 ($527,059.05), Payroll Batch #52 ($535,204.37), Accounts Payable Batch #63 ($874,038.75), Cafeteria Batch #60 ($35,638.64) and Other Accounts Payable Batch #79 ($61,973.50), for a total of $2,033,914.31. The motion (finance items 1—6) was moved by L. Davey, seconded by L. O'Brien and carried on a roll-call vote, 8-0-0-1 (one member absent).
The packet also showed capital outlay encumbrances and construction-related invoices recorded in September, and detailed transfers and encumbrance activity for the general and special revenue funds. The board approved required filings included in the finance motion: the Comparative Maintenance of Effort (CMP) and M-1 reports, the 2024—2025 NPCR, the DRTRS submission and an update to internal controls/standard operating procedures.
McCarron closed the finance presentation by certifying that, to the best of his knowledge after consultation with district officials, no major accounts were over-expended and sufficient funds remain to meet district obligations for the fiscal year.
Next steps: The district will proceed with the approved payments and required state submissions; the board will consider the next monthly status at its Nov. 19 regular meeting.
