Board President Ferraro’s Statement at 3/25/24 Board Meeting

When the district first became aware of the gravity and complexity of the current financial situation through the auditor's report, it sparked deep concern among the administration and board. Recognizing the seriousness of the matter, we immediately took deliberate and essential steps to fully grasp the situation and begin working towards a resolution. Promptly, district officials communicated the financial concerns to the appropriate State authorities and the New Jersey Department of Education.

We understand and share the community's concerns and recognize the urgent need for transparency. We are fully committed to providing updates and information as soon as they become available, and we will continue to collaborate closely with state officials throughout this process.

The Board is mindful of the rumors and speculation circulating in the community regarding this situation. We urge caution and empathy as we navigate the uncertainties of the coming weeks.

While challenges lie ahead, we humbly ask for your patience and understanding as the district proceeds through the necessary procedures.

Following this, we will open the floor to public comments. I would like to remind those wishing to address the board that while all comments are valued, please understand that comments regarding personnel, legal matters, and student affairs will not receive a direct response. We ask for your thoughtfulness and understanding, as individuals are responsible for their remarks.