August 24, 2026 - Finance Meeting

The Stratford Public Schools Finance Committee met on August 24, 2026, to discuss financial and procurement-related matters. Although there was no quorum initially, the committee proceeded with non-voting agenda items. Key procurement discussions included the recommendation and unanimous approval of a 10-cent increase in school lunch prices to $3.10 for the 2026-2027 school year, aimed at addressing losses in the food service program managed by Sodexo. The committee also discussed the impact of the RISE grant, which provides free breakfast to all students, and plans to improve food service offerings and management. Additionally, it was noted that Sodexo forfeited approximately $326,000 in management fees due to not meeting contract guarantees. The committee anticipates bringing a blanket year-end budget transfer for approval in September to adjust budget balances without new expenditures. There was also mention of a potential surplus of around $350,000, with a recommendation to allocate funds toward a comprehensive district safety and security audit rather than staffing or unsustainable expenses.