Board and Management Financial Limits

Committee commentary — September 2026 Days cash held steady at 47, supported by the October 1 state aid payment received on time. The FTE variance reflects unfilled vacancies running below replacement; the Operations Director will present a rebalanced staffing plan at the November committee meeting. Two corrective actions tied to the FY24 audit findings are past due; both are flagged in the corrective-action tracker exhibit. Two finance-control exceptions remain in the trailing six-month window — a late April monthly close and a late May bank reconciliation — though the three most recent closes were on time. No red-zone breaches this month; no automatic actions triggered.