Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget topic
No spam. Unsubscribe anytime.
Board packet shows $10.25M cash balance and $2.44M bill list in Sept. 16 materials
Summary
The Oakland Public Schools Sept. 16 packet includes the Board Secretary's August 2025 financial report showing an ending cash balance of $10,249,477.82, a full fund breakdown and a grand total bill list of $2,436,471.67; the packet includes detailed posted-check registers with several large vendor payments.
Oakland Public Schools’ Sept. 16, 2025 board packet contains the Board Secretary’s Report and Treasurer’s reconciliation for August 2025, showing an ending cash balance of $10,249,477.82 and detailed fund totals. The packet also lists the agenda bill totals and a posted check register with vendor payments scheduled or posted in August–September runs.
Key figures in the packet include: a beginning cash balance of $10,491,533.37 (7/31/25), receipts of $1,847,326.26 and expenditures of $2,089,381.81 for August, yielding an ending cash balance of $10,249,477.82 as of Aug. 31, 2025 (SEG 123–126). The Board Secretary certifies compliance with N.J.A.C. 6:30-2.13(d) that no budgetary line item account was overexpended as of Aug. 31, 2025 (SEG 127). The bank reconciliation and treasurer’s report show an adjusted reconciled balance of $9,445,709.56 matching board records after reconciling items are applied (SEG 163–170).
The agenda cover shows bill-list totals for the Sept. 16 meeting: bill list including hand checks $1,362,529.93; payroll agency checks $608,524.69; payroll $456,291.33; sub‑total disbursements $2,427,345.95; grand total bill list $2,436,471.67 (SEG 1223–1230). The packet’s posted‑check register names multiple vendors and amounts; notable entries include TSUJ Corporation ($31,330.60 and additional entries), R.J. Michaels & Co., Inc. ($195,928.95), Wallkill Group, Inc. (entries of $65,599.40 and $176,292.02), Chapel Hill Academy ($30,885.00) and other district vendors and services (SEG 1238–1279, 1250–1279).
The packet also contains fund breakdowns showing operating account balances, capital reserve and maintenance reserve, special‑revenue and capital project fund totals, and a schedule of expenditures by account code used for internal budget monitoring (multiple fund schedules across the packet). Several current appropriation adjustments are listed with detail lines (examples: music department supply adjustments and speech/OT/ PT service reclassifications), and travel/PD items flagged to be paid from Title IIA where applicable.
What this means: The packet supplies the board with standard monthly financial documentation and a detailed check register ahead of the Sept. 16 meeting. The materials show account balances, planned disbursements and large vendor payments; they present data for board review, not the final signed warrants or post‑meeting minute record.
