3-18-26 Groton Board of Education Finance/Facilities Committee Meeting

Groton School District Finance & Facilities Committee · March 19, 2026

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Call to order and agenda introduction

AnnouncementPresentation

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The Chair called the March 18 special Finance & Facilities Committee meeting to order and turned the floor over to Director of Finance Rita Parsiak to present three agenda items, beginning with the FY25 reallocation (a prior-year 'true up').

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Special Finance & Facilities Committee meeting of the Groton School District reviewed a FY25 "true up" budget transfer of about $19 million, discussed using non-lapsing funds to cover known overruns (magnet tuition, bus fuel, food service debt) and asked staff to produce a one-page summary for the full board before a vote on Monday.

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Transcript

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