Financial Affairs Presentation December 2021

With co-chair Joel Fishbein presiding, Financial Affairs convened via video conferencing on Tuesday, Dec. 7. The agenda included an update on the 2021-2022 budget; review of the June 30, 2020, audit and update on the June 30, 2021, audit; review of the final refinancing of the 2017 bonds, which saved the district $960,000; and budget calendar and building and department budgets for 2022-2023; enrollment projections; and a discussion about student activity accounts. The board reviewed the presentation from acting business manager Chuck Linderman, and had questions regarding the enrollment projections and inclusion of new housing developments. A suggestion was made to explore a full demographic study by the Montgomery County Planning department or another third-party demographer. There were some questions regarding student activity funds, and also inquiries on how new initiatives like heard about in Ed Affairs would be incorporated into the budget. The next Financial Affairs meeting is Tuesday, January 4. Video>

12.7.2021 Cheltenham Finance Presentation.pdf, 1.08 MB; (Last Modified on December 8, 2021)