In an effort to provide transparency with regard to the CSD budget, Superintendent Dr. Wagner Marseille and Business Manager Cara Michaels hosted a budget presentation at the Elkins Park Library in February. To provide further clarification, the pair has recorded a voice over accompaniment to the presentation.
Dr. Marseille sets the stage with an overview of district demographics and recent highlights and achievements. Ms. Michaels covers the budget timeline, how the budget is built, where the funds come from and where they go, how the Act 1 index impacts the taxes collected and the negative implications of dipping into fund balance. She explains challenges of balancing special education, transportation, debt service costs and benefits and salaries with the district’s commitment to fiscal responsibility.
The 27-minute video can be viewed at cheltenham.org/budgetvideo. All township residents are encouraged to attend this school year's final Financial Affairs meetings: Tuesday, May 7 and Tuesday, June 4 at the Administration immediately following the 7 p.m. Facilities Committee meeting. Watch below.