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DC Public and Public Charter Schools
Reply to "DCPCSB Financial Monitoring List"
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[quote=Anonymous]In the board meeting book: https://www.livebinders.com/b/3605337 Click the Consent Calendar tab, then the button for Finance Committee Quarterly Report. Yes clearly they are trying to CYA. I think financial monitoring is one tier, CAP is the next, and perhaps the requirements for triggering a CAP are too high and schools don't get put on a CAP as early as they should. The Mendelson letter does say that the school was implementing financial changes in consultation with the PCSB though, prior to the CAP. It also seems like the surge of COVID funding made them *appear* to be in better shape than they were, and the PCSB's metrics didn't account for the temporary nature of that funding.[/quote]
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