Oxford BOE Release

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  • 8/7/2019 Oxford BOE Release

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    For Immediate Release

    January 27, 2011 This week, the Board of Education, through its Finance, Insurance,

    and Personnel Subcommittee, was made aware of the findings of the auditors for the

    recently completed review of the 2009-2010 school budget.

    The deficit reported by the auditors was shocking and extremely disturbing. The

    auditors found that the 2009-2010 school budget ended up having a deficit of over

    $453,000.

    Upon further review and discussion with the current Business Manager, and the

    Finance, Insurance and Personnel Subcommittee it was discovered that a significanterror was made by the former business manager and the former Superintendent.

    In a letter dated January 21, 2010 from the Selectmens Ofce to Dr. Palmer, the town

    was amending the amount of funds that would be distributed to the Board of Education

    due to a reduction in the ARRA funds received from the State.

    To address this issue properly, the former business manager, Mr. Al Pullo under the

    supervision of Dr. Judy Palmer, should have reduced the schools budget by the

    corresponding amount of the towns reduction.

    This however, was never made and leadership at central ofce proceeded with an

    erroneously high budget.

    Statutorily, if the error was discovered during the same school year, the Board of

    Education would have had to appeal to the town for additional appropriation of fundsto cover deficit.

    However, since it was not discovered within the same year and most recently, the town

    must absorb the cost of the deficit through an automatic reduction of the General

    Funds Undesignated Fund Balance.

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    The Board of Education is extremely disappointed to learn about this very significant

    error and will continue to cooperate with the auditors, the town and staat central

    ofce sta.

    We will also be supportive of any investigation regarding the mismanagement of the

    taxpayers dollars during the previous administration. The Board has also taken steps

    to ensure that a similar incident will not occur now or in the future.

    The people of Oxford can be assured that the current budget, while extremely

    conservative, has an accurate total budget.

    We have confidence in our current administration, James Connelly as Interim

    Superintendent and Rosemary Hanson as Business Manager.

    We do believe with the experience level of Ms. Hanson, who worked in a dual role as

    the Town of Clintons Finance Director and BoE Business Manager, that she will be able

    to assist us in this matter.