Monroe City School Board Finance Committee Meeting Monday, August 10, 2026 5:30 p.m.

The Monroe City School Board Finance Committee met on August 10, 2026, to discuss budget preparations for the 2026-2027 school year, with the budget scheduled for public inspection on August 28 and a public hearing on September 8. Key procurement-related topics included transitioning to a cashless system for accounting and bookkeeping to improve safety and financial management. The committee reviewed federal funding usage, noting $12 million spent out of $23 million allocated, with efforts ongoing to fully utilize these funds by the next fiscal year. Discussions also covered budget policy conflicts requiring alignment with state regulations, discretionary and non-discretionary fund allocations to offset reductions in Title I funding, and clarifications on sales tax revenue reporting. Questions were raised about unspent funds at various schools and distinctions between types of materials and supplies budgets, with follow-up actions planned to provide detailed answers.