The financial review was a focal point of the meeting, with a discussion on the district’s current fiscal health. The district received an unmodified opinion on its financial audit, indicating a positive outcome with no findings, a commendable achievement for the finance team. However, the board acknowledged rising costs, particularly in health benefits, with an anticipated increase of around 10% in the district’s health plan. This issue is compounded by other escalating expenses, such as tuition and transportation, which are putting pressure on the district’s budget.

The financial audit revealed a decrease in the general fund balance from $5.1 million to $3.6 million, primarily due to expenses surpassing revenues. The board discussed the potential impact of catastrophic increases in health benefit costs, projected to reach 30% for medical plans and 45% for prescription plans. Such increases could result in an estimated $2.5 million rise in expenditures, highlighting the need for strategic planning and cost management.

Carmela, a speaker at the meeting, provided a detailed overview of the audit process, which spans approximately two months and involves thorough testing of internal controls, cash transactions, payroll, and compliance with state and federal regulations. The audit also includes verifying student counts and classifications for state aid eligibility.

The board began preliminary discussions on the 2026-2027 budget, with schools submitting their budgets for initial review. The tentative budget is due in mid-March, leaving limited time for adjustments. The board emphasized the need to prioritize student needs while addressing the financial challenges posed by increasing costs.

In addition to financial matters, the board celebrated local athletic achievements, notably recognizing a swimmer who set a school record in the 100-yard breaststroke at a county championship. Applause followed the announcement, along with recognition for Jesse, a sophomore basketball player who scored a career-high of 35 points in a game. Jesse’s multi-sport talents were highlighted, including her upcoming participation in the Shore Conference Women in Sports Day.

The meeting also touched on community and student engagement, with Olivia D. Martino from Manchester Township High School providing updates on school events. These included a successful winter pep rally and fundraising efforts, signaling strong student involvement and community support. Olivia mentioned the potential return of Paka Palooza in the spring, along with recent fundraiser results from different classes and contributions from local restaurants.

The board recognized students for their accomplishments, presenting certificates and organizing a photo opportunity to commemorate their contributions. Skyler, a fifth grader, was celebrated as the student of the month for her involvement in school activities, while another student was commended for her artistic talents. Morgan and her classmates from Whiting Elementary were honored for embodying the theme of “Be Your Own Hero,” aligning with a book by Lisa King.

Superintendent Diane Pedroza acknowledged the board’s efforts during School Board Appreciation Month, thanking members for their volunteer service. She reflected on the recent Martin Luther King Jr. Gospel Chorus tribute, describing it as a memorable event coinciding with the lieutenant governor’s inauguration.

Public comments were invited, emphasizing the board’s recognition of community input on educational issues. Participants were asked to limit their statements to three minutes, with a sign-up sheet provided for those wishing to address the board. The meeting concluded on a note of gratitude for community involvement and the ongoing support of military-connected students, as shared in a report by Sergeant Taylor.