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Gilbert Publics Schools’ CFO presents quarterly financial report
Governing Board holds third meeting of the 2016-17 school year
Dr. Christina Kishimoto and members of the Governing Board

By Eduardo Barraza
October 26, 2016 

(Gilbert, Arizona) – A presentation of the maintenance and operations override, capital override and bond expenditures report was conducted by Tom Wohlleber, Gilbert Public Schools Financial Officer, during the third Governing Board meeting of the 2016-17 school year.

Prior to the report, Gilbert’s Superintendent Dr. Christina Kishimoto highlighted the graphic improvements and additional details in the report, intended to make it easier to understand for the public.

“We added a visual to the report,” said Kishimoto. “We are going to continue to create ways in which we can simplify our financial reporting process so that is much more user friendly to the general public.”

Wohlleber provided Gilbert’s Board a summary of the quarterly financial report as of September 30th, noting that starting in January, the report will include a year-to-year comparison.

Beginning with the current fiscal year, the maintenance and operations override will be in effect for seven years. Among some funding priorities of this override is the provision of competitive compensation, smaller or stable class sizes, and programs that support career and college readiness.

In terms of the capital override report, Wohlleber provided only an overview for the first component of the report, saying that the actual reporting will be presented in the fall of 2017, since the override approved last November will impact this 2016-2017 budget.

Wohlleber also referred to the capital override that was approved at a Special Election held in November 2007, which authorized $8.2 million in annual capital funding for technology and furniture and equipment through the 2014-15 fiscal year.

In terms of bonds, Wohlleber presented all the improvements done in the following areas: facilities maintenance; safety, interior, exterior and site improvements; mechanical systems; roofing; technology; network infrastructure; and, student and teacher devices and student transportation.

“This really a very important investment in terms of our infrastructure to keep our buildings in a good operating condition,” said Wohlleber regarding the facilities maintenance projects completed.

Prior to the beginning of the board meeting, Kishimoto recognized a district's employee, a businessman and three students. Jamie Valocchi, counselor at Desert Ridge High School, Pete Trowbridge, president of Hawkeye Electric, Zachary Phillips (a graduate of Gilbert High), William Houlihan (11th grader at Gilbert High) and Jacob Murray (12th grader at Desert Ridge).
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(Left) Dr. Kishimoto recognizes Gilbert's employee Jamie Valocchi. (Right) Students William Houlihan, Jacob Murray, and Hawkeye Electric President Pete Trowbridge (4t, 5th and 6th from the left) pose for a photo with Dr. Kishimoto and Gilbert Governing's Board members after receiving their recognition.
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