Nashua Board of Education Finance Committee 4/20/26

The Nashua Board of Education Finance Committee met on April 20, 2026, to review various financial and procurement-related matters concerning the school district's special revenue accounts and budget transfers. Key procurement discussions included the potential purchase of a new vehicle for the driver's education program, ongoing monitoring of the food service fund which is currently showing a negative balance due to rising food and benefit costs, and the management of athletics and facility rental revenues. The committee also discussed budget transfers for school supplies and equipment, such as cafeteria tables and laminators, emphasizing the need for clearer accounting descriptions to aid decision-making. Additionally, the committee reviewed the financial status of programs like summer feeding, adult education, afterschool programs, culinary arts, daycare, and special education, noting the importance of maintaining self-sustaining funds and the possibility of supplemental appropriations if expenses exceed budgets. A motion to approve fiscal year budget transfers was passed unanimously, and the meeting concluded with plans for further presentations and ongoing financial oversight.