Financial Affairs Presentations
The Financial Affairs Committee meets on the first Tuesday of every month (except July). At the Financial Affairs Committee, two board members who have been appointed co-chairs of the committee lead the meeting. The meeting ordinarily provides information on a topic of interest which is generated in collaboration with the committee co-chairs. The presentations from these meetings for the past year are posted below.
Most Recent Finance Committee Meeting
With co-chair Pamela Henry presiding, the Cheltenham School District Finance Committee convened in person and via video conferencing on Nov. 14, 2023. The meeting began with a review of interim financial statements for the period ending Oct. 31, 2023. Included in these financial statements was a historical discussion of local revenues. The next topic discussed was the district’s budget calendar and how it is developed throughout the year until its passing in June 2024. This was juxtaposed to the Act 1 timeline which drives the budget process. The third topic discussed was charter school expenditures and recent litigation in process regarding charter school funding and regulation. This bill has a significant financial impact on the district if it is passed in its current form. The final topic of the night centered around an eminent domain acquisition of district property near Wyncote Elementary. The next Finance Committee meeting is Tuesday, Dec. 5 at 7 p.m. in person at 2000 Ashbourne Rd. and via video conferencing. Video>>