Wednesday, May 2, 2012

Adequacy study (joint committee)

...which is what we're calling it on the School Committee agenda
Foley: welcomes conversation regarding how money is spent, where it comes from, requirements

Allen: notes that all school spending items go through the city auditor; two other audits done, PLUS other individual funds
$50,000 in audit fees spent each year

Colorio: comments that much confusion
Economou: would love to have business leaders involved
O'Brien: laying out expenditures, requirement
then give us a foundation to education the community
collect CFO's from local community to look at spending

Novick: much of the school budget precommitted
encouraged by change in tone

Allen: preview of new snazzy budget presentation

Request to find a common date in the next few weeks to meet together for the budget
Foley also points out public hearing on budget :
May 9, 7 pm
North High School

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