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Board hears food-service reimbursement explanation; staff to reconcile food-service costs after audit
Summary
Staff explained that the breakfast and lunch figures in the packet are reimbursement rates (government reimbursements), not retail prices, and that the food-service program must operate without a negative balance; final cost-per-meal figures will be available after fiscal close and audit.
Board members discussed breakfast and lunch reimbursement rates and the status of the food-service program's finances.
The food service director and district wellness coordinator clarified that the figures presented are reimbursement rates from government programs rather than the district's meal prices. As the presenter put it, "These are reimbursement rates from the government." A board member asked whether meals are free districtwide; staff responded that the reimbursements are calculated monthly and that final cost figures will be determined after the audit and fiscal close.
A board member noted an estimated food-cost percentage of about "30%" and staff said the food-service program must not carry a negative balance: "The idea of food service is that it is a stand alone item. It cannot have a negative balance... It has to come to 0 when you do the audit." Staff said the closeout will show exactly how many breakfasts and lunches were served and enable calculation of per-meal costs; that reconciliation is expected in late August.
No pricing changes were adopted at the meeting; staff will present food-service reconciliation information after audit.
