clock menu more-arrow no yes

Filed under:

Chief Financial Officer Matt Stanski to leave District at the end of June

Photo: Emma Lee/WHYY

This article was originally published in The Notebook. In August 2020, The Notebook became Chalkbeat Philadelphia.

School District Chief Financial Officer Matthew Stanski is leaving at the end of June to take a similar position in the Montgomery County, Maryland, school district.

Stanski came to Philadelphia to manage District finances in November 2012 from Prince George’s County, Maryland, where he had worked with Superintendent William Hite.

District spokesman Fernando Gallard said that the Montgomery County Board of Education voted Tuesday on Stanski’s appointment to be their supervisor for management, budget and planning.

"As CFO, Matt navigated the District through a crippling financial crisis and created the conditions for financial stability," Gallard said in a statement. "In FY 2014, the District faced a $304 million shortfall. The District is expected to end this fiscal year with a small surplus."

Hite, in a statement, said he appreciated Stanski’s service "amid extremely challenging fiscal conditions. His financial insight and expertise have played a crucial role as we have worked to stabilize the District."

Stanski, who has two small children, commuted every day from his home in Maryland. He never relocated his family to Philadelphia. Gallard said that his wife has a job in Washington, D.C.

He has been conducting evening community meetings around the city this month to explain the budget. When he stays in Philadelphia late, Gallard said, he stays in the city "on his own dime."

Gallard said that the District will do a search for a new CFO and hopes to have a permanent replacement by the time Stanski leaves.

The timing is not ideal – the District needs $84 million more in fiscal 2016 just to keep current programs, and Hite has asked for a total of $264 million additional from the state and city in order to embark on improvements and reforms. Stanski has been the primary person in explaining numbers and the District’s needs to the public. City and state budgets are supposed to be approved by June 30 each year, but whether Harrisburg will meet that deadline this year is anybody’s guess.

Gallard said that Stanski will be missed for his skill and responsiveness, but that he doesn’t expect his departure to affect the District’s campaign for funds that it has requested from the city and state.

"The numbers are what the numbers are, no matter whether Matt Stanski is here or not," he said.

The COVID-19 outbreak is changing our daily reality

Chalkbeat is a nonprofit newsroom dedicated to providing the information families and educators need, but this kind of work isn't possible without your help.

Connect with your community

Find upcoming Philadelphia events