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Board approves October financials; superintendent investigating Title I funds shortage
Summary
Director of Finance presented October financial reports; the board approved financial reports for September and the superintendent said staff are investigating a Title I funding miscalculation 'still a work in progress.'
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Director of Finance Maritza Santiago provided a brief summary of the district's financial reports covering October encumbrances and vendor payments. The board approved the financial reports (vote recorded for September) 4-0. The minutes list Fund 11 (General Fund), Fund 60 (Activity Fund) and Fund 21 (Building Fund vendor payments and encumbrances for Oct. 1–31, 2024 as part of the consent agenda.
Board President Michael Brooks-Jimenez asked for an update on a shortage in Title I funds. Superintendent Chris Brewster said staff "are looking into the miscalculation and it is still a work in progress." The minutes record no remedy or dollar amounts at the meeting; follow-up is required to identify the shortfall amount and corrective steps.
