Financial Affairs Presentation March 2022

With co-chair Daniel Schultz presiding, Financial Affairs convened via video conferencing on Tuesday, March 1, 2022. Following an update on the 2021-2022 budget, interim business manager Chuck Linderman reviewed the June 30, 2021, audit and, in particular, the fund balance and food service loss for 2021. Next, the 2022-2023 budget status was discussed. The proposed budget for 2022-2023 is at $127,755,000. The board also discussed the charter school costs and budget for the 2022-2023 school year. That budget is projected to increase 13% to $3,675,000. Linderman then informed the board that the RFP for auditing services will be done in March for award by the board in May. There was also a discussion surrounding the possible extension of the transportation contract past 2023. The two agenda items for the board legislative meeting were the authorization to bid supplies/equipment and the tax exoneration for the township land at the former Ashbourne Country Club. The next Financial Affairs meeting is Tuesday, April 5, 2022. Video>

3_1_22 Cheltenham Finance Presentationr1.pptx.pdf, 845.37 KB; (Last Modified on March 2, 2022)