Albuquerque Public School District

The committee discussed and approved several financial items, including beginning grant budgets for the 2027 fiscal year, specific grant budget adjustments, and intra-function transfers for grant and non-categorical funds. The committee reviewed and approved purchase agreements exceeding $500,000 for solar hot water systems and boiler services, acknowledging that these are multi-year contracts. Members engaged in a detailed discussion regarding staffing challenges for maintenance trades, the balance between using internal staff versus external contractors, and initiatives for staff training and certification. Finally, the committee addressed the approval of on-call consulting services for leadership in energy and environmental design.

The board convened an executive session to discuss the disposition of real property located within the district in Bernalillo County, in accordance with the Open Meetings Act.

The meeting included a public forum where speakers addressed concerns regarding alleged retaliation for reporting child abuse, discussed the upcoming 250th anniversary of the United States, raised issues concerning the grade level expansion and staffing at Roosevelt Middle School, and criticized current middle school math performance goals and results. The Board also addressed the adoption of the agenda, approved the consent agenda, and considered the grade level expansion reorganization for Roosevelt Middle School.

The finance committee meeting covered several key business items, including an update on the district's investment program for the third quarter of fiscal year 2026, highlighting portfolio improvements due to tax revenue and conservative earnings strategies. Discussion also centered on the approval of intrafunction transfers for the grant budget, specifically regarding bus transportation funding and the reallocation of expired grant funds, and approval of intrafunction transfers for non-categorical operational funds, with inquiries regarding HVAC maintenance, software purchases, and contracting versus in-house staff capabilities. Additionally, the committee reviewed the statement of equipment to be taken out of service.

The Audit Committee meeting focused on an entrance conference for the fiscal year 2026 audit conducted by CliftonLarsonAllen LLP. Key topics included an overview of the audit engagement team, the responsibilities of the committee, management, and independent auditors, the risk-based audit approach being used, and the project timeline. Additionally, the committee discussed relevant GASB standards and disclosures required for the upcoming audit.