Hackensack Schools Face Backlash Over $17 Million Budget Deficit Announcement
The Hackensack school district recently announced a staggering $17 million budget deficit, inciting strong reactions from the community. Parents, students, and teachers gathered at a board of education meeting, expressing their outrage over the sudden financial crisis.
Community Response to Budget Deficit
The alarming budget shortfall is expected to lead to significant cuts within the district. During the board meeting, a teacher voiced concerns, stating, “This is a catastrophic failure. We need to follow the money.” Many attendees expressed distrust toward the current administration, demanding accountability and transparency.
Findings from Auditors
In light of the situation, the school board appointed a new auditing firm. Auditor Steven Wielkotz revealed troubling financial practices from previous years. He stated, “There are negative balances all over the place.” The investigation uncovered over $4 million in lost revenue due to expired contracts. Despite this, the number of Board of Education staff increased by 20 percent.
Questionable Financial Practices
- The business office allegedly approved illegal spending.
- Funds from capital projects were misused for maintenance.
- Bank statements were improperly reconciled with financial books.
Wielkotz emphasized that appropriate accounting methods were not followed. “You don’t reconcile back to what the bank says,” he noted. He criticized how federal and state pandemic funds were used irresponsibly, comparing it to charging a mortgage payment to a credit card.
Searching for Accountability
Officials are contemplating legal action against former district leaders. These leaders are accused of neglecting to inform current board members about ongoing financial mismanagement. Teacher and parent Fran Capollo expressed frustration, stating, “It is an injustice to set our schools back.” The acting superintendent, Andrea Oates Parchment, warned that layoffs and a tax levy may become necessary as a direct result of the budget crisis.
Unexpected Financial Pressures
Initially, the district anticipated a $15 million deficit. However, rising health care premiums, which surged by over 30 percent in January, contributed an additional $2 million to the shortfall. This unforeseen increase has amplified concerns about the overall financial health of the Hackensack schools.
The community continues to seek clarity and solutions to these pressing issues as they navigate the difficult path ahead.
