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Wednesday, November 4, 2009

District praised for improvements to financial outlook

The Shoreline School District "has made tremendous strides in improving its financial outlook since 2005-06," the assistant superintendent of the Puget Sound Educational Service District said in a recent letter to Shoreline School Board President Debi Ehrlichman.
Stephen Neilsen has provided oversight for the District’s finances since it was placed on binding conditions by the state in 2006. The letter effectively ends those binding conditions, as the District has re-established its fund balance according to Board policy and regained fiscal stability.

"We commend the tremendous work and commitment by the Board, staff and stakeholders. Addressing numerous changes with specific contextual decisions enabled the District to regain fund balance, all the while offering a strong and stable basic education program to the students of the Shoreline School District."