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Charter school's budget overstated money by $307,214

Financial
Excerpt from Board of Education - Meeting Minutes: Special Board Minutes 050126.pdf for Charter school's budget overstated money by $307,214
Official source excerpt: Board of Education - Meeting Minutes: Special Board Minutes 050126.pdf; editorial caption by Our School Board · source-evidence

What happened

On May 1, 2026 district staff said Jefferson Montessori Academy's 2026-27 budget showed $30,761 in cash, but state records showed a deficit of $276,453. That is a gap of $307,214.

Why it matters to families

A cash deficit can lead to cuts at the school. The March 2026 audit also listed seven findings for the school.

The evidence

Signed minutes of the May 1, 2026 special meeting give the figures. The school's leader said $79,000 in held state funds and higher enrollment could shrink the gap.

The source

Meeting Minutes: Special Board Minutes 050126.pdf

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