Saginaw District Picks New Finance Boss to Guide $120M Budget

The Saginaw Intermediate School District has selected Felipe Monasi to head its financial team, effective March 23. He will oversee a budget exceeding $120 million and support services for roughly 26,000 students across the county.

Key Responsibilities

• Budgeting & Forecasting – Crafting financial plans that align with the district’s strategic goals.
• Compliance & Reporting – Ensuring adherence to regulations and transparent financial disclosures.
• Strategic Decision‑Making – Advising all departments on fiscal matters to drive high‑quality education.

Selection Process

A rigorous search featuring multiple interviews and stakeholder meetings led to Monasi’s appointment. The panel praised his ability to link financial plans with tangible outcomes—a critical skill for delivering top‑quality education.

Diverse Experience

• Private Sector – Vice‑president of finance at a global holding company, managing worldwide strategy and compliance.
• Public‑Sector Consulting – Built financial models for local governments; handled municipal finance in Southern California.
• Nonprofit Leadership – Oversaw a multi‑state budget for an educational nonprofit, advising senior leaders on fiscal strategy.

Vision & Goals

Monasi aims to:

• Build robust partnerships across the district.
• Maintain transparency and accountability in all financial operations.
• Ensure long‑term sustainability of district finances, supporting every school and program.

Current Finance Department Scope

• Pupil Accounting – Serves 17 districts.
• Accounts Payable – Handles two districts.
• Software Support – Provides to 13 districts.
• Payroll Management – Covers eight districts.
• Fiscal Agent – Manages two county‑wide millages.
• Grant & Flow‑Through Funding – Oversees nearly $20 million.

District Services Overview

• Schools Supported: 12 local districts, 4 public academies, 22 non‑public schools.
• Programs Offered: Career & technical education, early childhood programs, special education, technology, and transportation.

Credentials

• MBA – Texas A&M University‑Corpus Christi
• BA in Economics – California State University‑San Marcos