Business Office

  • 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. 

Recent Presentations

  • Financial Affairs Committee Presentation August 2019

    The CSD Financial Affairs committee met on Tuesday, August 6 at the Administration Building for presentations from CPA firm Maillie LLP partner Ed Furman, CPA, and principal Amanda Bernard, CPA, CFE, CMA. The pair provided the School Board with a review of the financial report for June 30, 2019, as well as a general overview of audit responsibilities and process, required audit communications and upcoming Government Accounting Standards Board (GASB) pronouncements.

    Furman presented a historical snapshot of the Government-Wide Financial Statements – Statement of Financial Position, and highlighted recent GASB pronouncements which require districts to carry an actuarial accounting of the district’s pension liability. Furman also presented a historical snapshot of the Government-Wide Financial Statements – Statement of Activities, which illustrates revenues and change in net position. Since 2014-15, the district has experienced a decrease of $8,109,272 in net position, which is largely attributed to the requirement of carrying the pension liability. He also highlighted the general and food service fund-level statements, capital assets and general obligation bonds and general fund budget versus actual. Ms. Bernard presented a number of slides which illustrated the audit process and responsibilities emphasizing the depth of testing on the Business Office’s internal controls. (view attached presentation for details)

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  • Financial Affairs Committee Presentation June 2019

    The June Financial Affairs Committee presentation is attached. Please view for complete details regarding the 2018-2019 budget status, 2019-2020 budget planning progress, and fund balance information.

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  • Financial Affairs Committee Presentation May 2019

    Attached presentation includes updates on the food services contract, breakfast pilot program, 2018-2019 budget update and the 2019-2020 budget status.

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  • Financial Affairs Committee Presentation April 2019

    Please see attached presentation for a status on the 2018-2019 budget as well as a status on the 2019-2020 budget planning timeline and priorities.

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  • Financial Affairs Committee Presentation March 2019

    2018-2019 budget update, first look at 2019-2020 budget objectives, priorities and PDE budget timeline

    Comments (-1)

Contact Us

Cara Michaels
Business Manager
(215) 886-9076 
Karen Washington
Finance Manager
(215) 881-6302 
Debora Scholl
Accounts Payable Clerk
(215) 881-6304 
Melissa Akerley
Accounting Specialist
Mike Oswald
(215) 881-6337 
Maria Mastrosante
Benefits Clerk
(215) 881-6303 
Chris Hood