verona area school district board of education meeeting September 21, 2026

The Verona Area School District Board of Education meeting on September 21, 2026, included staff recognition and a superintendent’s report on district cash flow. Administrators explained that uneven timing of tax and other revenue receipts can leave the district temporarily short of cash to meet payroll and other expenses. The City of Verona agreed to advance a portion of tax revenue to help cover the January cash-flow low point, with the district reimbursing the city for any minor interest loss. The district also described daily cash monitoring and the role of PMA, its financial consultant, in managing and investing district funds.

The board approved a resolution authorizing $3.2 million in temporary borrowing through the PMA Levy and Aid Anticipation Notes Program. The motion was made and seconded, and passed without opposition or abstentions; required signatures were to be completed after the meeting. The transcript identifies no contract awards, purchasing decisions, or other procurement actions. The superintendent’s and board’s consent agendas were also approved, though their contents are not detailed in the transcript.