New chief financial officer selected for Huntsville City Schools

New chief financial officer selected for Huntsville City Schools

HUNTSVILLE, AL (WAFF) - The Huntsville city school board has elected who will take over its finances.

On Thursday, the school board voted on Tina Hancock to take over as chief financial officer. She makes the move from Hoover City Schools.

Hancock will inherit a financial situation with a host of challenges.

Interim CFO Robert Terry said the district is $5 million to $6 million short on its state-mandated savings account, and it will likely take years before its replenished.

The district is also not filling positions as they become open. Terry said it’s looking for the “easy things" to cut.

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