The Department of Financial Affairs for the Cheltenham School District is responsible for the administration, management and compliance of District financial services. These responsibilities include the preparation, presentation, monitoring and reporting of the annual District budget; preparation of annual financial statements; payroll administration; benefit administration; accounts receivable and payable; purchasing and receiving; management of debt service and investments and monitoring of capital assets; and financial oversight of federal and state programs. The Department also provides oversight of the Food Services and Transportation Department.
Most Recent Finance Committee Meeting
With co-chair Daniel Schultz presiding, the Financial Affairs Committee convened in person and via video conferencing on Tuesday, Nov. 1. The meeting included discussion of changing the interim financial reporting to the board to include statements of net assets, as well as a statement of revenues, expenditures, and net assets. Also discussed were the remaining funds left under the Elementary and Secondary School Emergency Relief (ESSER) and American Rescue Plan. Total monies left to be spent are $4,171,138 as of June 30, 2022, the district’s last fiscal year end. The final topic was regarding Act 57 of 2022 providing taxpayer relief in special circumstances to first year property owners. Video>