School board enhances fiscal oversight

WINSTED — Looking to improve its fiscal oversight and financial reporting to the town, the Winchester Board of Education has created a new financial subcommittee with the task of rigorously reviewing the district’s monthly financial reports.

Although membership in the special finance subcommittee includes the entire Board of Education, three standing members were named to ensure each meeting has a quorum. The standing members are Ray Neal, Jim DiVita and Richard Dutton.

Neal is the chairman of the board’s regular financial subcommittee, which is expected to be permanently replaced by the new special subcommittee in the fall.

The special subcommittee, which was unanimously approved at the board’s special meeting July 20, will meet the Thursday before all regularly scheduled school board meetings.

This will allow the committee to review the school administration’s financial report before the document is finalized and included in that month’s informational packet, which is passed out to board members for discussion at their meetings.

The school board has come under increasing criticism for its financial oversight and transparency, after the administration notified the Board of Selectmen earlier this month that the district would miss its spending target for the 2009-10 school budget by at least $343,961.

School officials had previously reported that that number was in the $120,000 range.

The district’s approved budget for the 2009-10 school year is $19,492,397. And, although the selectmen reduced the Board of Education’s budget to the $19.043 million state-mandated minimum budget requirement in April, they also requested that the school board apply the $1.116 million in federal American Recovery and Reinvestment Act funds they received against the original budgeted amount of $19.492 million.

This would leave a target budget of $18,376,187 for the 2009-10 school year. Salerno told The Journal last week the district is projected to spend a total of $18,720,148, due to an unexpected spike in special education costs.

In addition, town officials have repeatedly expressed frustration at their inability to obtain other financially related reports and information from the district.

School board members said at last week’s meeting that they would make it a priority in the new school year to improve communication between Town Hall and the district’s central office.

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