FCMAT flags 44.9% fiscal‑health risk for Franklin‑McKinley; district offers clarifications and both reports accepted

Robbie Montalbano of the Fiscal Crisis & Management Assistance Team (FCMAT) told the Franklin‑McKinley board the Fiscal Health Risk Analysis calculated the district's risk score at 44.9%, which she said "does fall slightly into the high category" and indicates areas for improvement in budget development, monitoring, collective bargaining compliance, enrollment/attendance monitoring and internal controls.

Robbie stressed that the score is not a finding of imminent insolvency but a tool to highlight areas where improvements reduce long‑term risk. She recommended collaboration with the county office and use of the FHRA as a roadmap. "The calculated risk was 44.9% which does fall slightly into the high category," she said.

Jason presented the district's written response, explaining instances where FCMAT lacked access to supporting documentation (for example, the district uses an analytics application for position control rather than relying solely on QSS) and described deferred‑revenue accounting for grants. He offered to share analytics reports and to meet further with FCMAT and county staff to reconcile differences. The board voted to accept the FCMAT presentation and subsequently accepted the district's response; both motions passed by voice vote.

FCMAT recommended attention to priority controls and monitoring; district staff said they will continue to strengthen processes, improve anonymous fraud reporting, and work with the county on a stabilization plan and next steps.