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

The Saginaw Intermediate School District has chosen Felipe Monasi to lead its financial team, beginning March 23. The role covers a budget over $120 million and services for about 26, 000 students across the county. Monasi’s duties will span budgeting, forecasting, compliance and reporting, helping the district make strategic decisions in every department. His appointment followed a thorough search that involved multiple interviews and stakeholder meetings. The selection panel highlighted Monasi’s talent for linking financial plans with real‑world outcomes, a quality that the district sees as essential for delivering top‑quality education to students and families. Monasi brings a blend of experience from the private sector, nonprofits, and public service. He most recently was vice‑president of finance for a global holding company, where he managed worldwide financial strategy and compliance. Earlier in his career, he worked as a public‑sector consultant building models for local governments and later handled municipal finance in Southern California. He also oversaw a multi‑state budget for an educational nonprofit, advising senior leaders on fiscal strategy.In his new role, Monasi plans to build strong partnerships and maintain transparency and accountability. He is eager to ensure the district’s finances remain sustainable over the long term, supporting all schools and programs under its umbrella. The finance department already serves 17 districts with pupil accounting, handles accounts payable for two districts, and offers software support to 13 others. It also manages payroll for eight districts, acts as a fiscal agent for two county‑wide millages, and oversees nearly $20 million in grant and flow‑through funding. Saginaw ISD supports 12 local districts, four public academies and 22 non‑public schools. Its services include career and technical education, early childhood programs, special education, technology, and transportation. Monasi holds an MBA from Texas A&M University‑Corpus Christi and a BA in Economics from California State University‑San Marcos.