After receiving a letter about the prepayment of $325,000 for health insurance, East Windsor Board of Education Chairman Christopher Mickey said he will seek a meeting with board of finance members.
The board of education on voted to spend the money in fiscal 2011-12 to prepay health insurance in fiscal 2012-13. The money had to be encumbered, or committed to a payment, before June 30, officials said.
In the letter, written by chairman Jason Bowsza, the board of finance says it consulted with the town’s auditor, Rob Howard, and it became clear that the prepayment is not an allowable practice.
Bowsza said in the letter that the board of finance will not allow the money to be posted in the 2011-12 budget and at its August 15 meeting will vote to post the expenditure in 2013 fiscal year.
Mickey said at Wednesday’s board of education meeting he will contact Bowsza and request a meeting between the two of them, board of finance member Joseph Pellegrino and board of education member William Schultz.
“To try to bring this matter to closure,” Mickey said.
The board of education did not discuss the matter any further at its meeting.