1. Opening Activities
Subject :
1.1 Call to Order
Meeting :
Apr 24, 2017 - 4 Finance Committee
Category :
1. Opening Activities
Type :
Procedural

Public Content

Executive Summary

Subject :
1.2 Public Comment
Meeting :
Apr 24, 2017 - 4 Finance Committee
Category :
1. Opening Activities
Type :

Public Content

Executive Summary

2. Old Business
3. New Business
Subject :
3.1 Budget Transfer
Meeting :
Apr 24, 2017 - 4 Finance Committee
Category :
3. New Business
Type :
Action (Committees)
Dollar Amount :
$100,000.00
Recommended Action :
That the Board of School Directors approves the Resolution and Budget Transfer in the amount of $100,000.00.
Goals :
Goal #3 : The Warren County School District will develop a fiscal plan to 1) address the need for increasing non - traditional revenues and maximizing income from traditional sources, 2) continue to control spending, and 3) present a long - term financial plan to address the concerns of the Board of Directors regarding curricular and technology needs, professional development, staffing, the impact of PSERS, declining revenues from the local tax bases and school funding from the State.

Public Content

Executive Summary: This transfer is to align the budget with expenses.

File Attachments

Budget Transfer.pdf (116 KB)
Budget Resolution.pdf (39 KB)
Subject :
3.2 Depositories for Fiscal Year 2017-2018
Meeting :
Apr 24, 2017 - 4 Finance Committee
Category :
3. New Business
Type :
Action (Committees)
Recommended Action :
That the Board of School Directors approve the depositories for fiscal year 2017-2018 as follows: Northwest Savings Bank, PNC Bank, PLGIT (Pennsylvania Local Government Investment Trust), KeyBank, PSDLAF (Pennsylvania School District LIquid Assets Fund), and Wells Fargo Bank, N.A.
Goals :
Goal #3 : The Warren County School District will develop a fiscal plan to 1) address the need for increasing non - traditional revenues and maximizing income from traditional sources, 2) continue to control spending, and 3) present a long - term financial plan to address the concerns of the Board of Directors regarding curricular and technology needs, professional development, staffing, the impact of PSERS, declining revenues from the local tax bases and school funding from the State.

Public Content

Executive Summary

Subject :
3.3 Summer Food Service Program 2017
Meeting :
Apr 24, 2017 - 4 Finance Committee
Category :
3. New Business
Type :
Action (Committees)
Preferred Date :
Apr 24, 2017
Absolute Date :
Apr 24, 2017
Fiscal Impact :
Yes
Budgeted :
No
Recommended Action :
SUGGESTED MOTION: That the Board of School Directors instructs the administration to submit an application to the Pennsylvania Department of Education to serve as a sponsor for the Summer Food Service Program for the summer of 2017, with the expectation that the program will be run at no cost to the district via state reimbursement for SFSP-related expenses.

Public Content

The administration proposes that the Warren County School District again serve as the sponsor for the Summer Food Service Program in 2017, running open sites at both Beaty Warren Middle School and the Rouse Children's Center in Youngsville.

 

The cafeteria and kitchen at Beaty Warren Middle School will be a full-service site offering breakfast and lunch meals, as well as preparing meals for delivery to City of Warren Playground sites. The Rouse site will be served by the kitchen at Youngsville High School, which will only prepare lunches for pickup by Rouse staff.

 

Open sites provide any school-aged child ages 18 or younger a meal at no cost to themselves. The administration will be monitoring meal participation numbers, and will be ready to make alterations to the meal programs should they prove necessary.

4. Informational Items
Subject :
4.1 Grant Report
Meeting :
Apr 24, 2017 - 4 Finance Committee
Category :
4. Informational Items
Type :
Information
Goals :
Goal #3 : The Warren County School District will develop a fiscal plan to 1) address the need for increasing non - traditional revenues and maximizing income from traditional sources, 2) continue to control spending, and 3) present a long - term financial plan to address the concerns of the Board of Directors regarding curricular and technology needs, professional development, staffing, the impact of PSERS, declining revenues from the local tax bases and school funding from the State.

Public Content

Please see attachment.

File Attachments

Grant Report Mar-Apr 2017.pdf (377 KB)
Subject :
4.2 Financial Reports
Meeting :
Apr 24, 2017 - 4 Finance Committee
Category :
4. Informational Items
Type :
Information

Public Content

Financial Reports

File Attachments

WEC - Self Funding Analysis - March 2017.pdf (288 KB)
Treasurer Report 04.24.17.pdf (67 KB)
QZAB-GOB Treasurer Report 04.24.17.pdf (86 KB)
Quarterly Activity Account Reports.pdf (611 KB)
Capital Project Reserve 2017.04.24.17.pdf (113 KB)
Subject :
4.3 FSMC Renewal
Meeting :
Apr 24, 2017 - 4 Finance Committee
Category :
4. Informational Items
Type :
Information

Public Content

Executive Summary

Subject :
4.4 Neighborhood Assistance Program (NAP)
Meeting :
Apr 24, 2017 - 4 Finance Committee
Category :
4. Informational Items
Type :
Information
Goals :
Goal #3 : The Warren County School District will develop a fiscal plan to 1) address the need for increasing non - traditional revenues and maximizing income from traditional sources, 2) continue to control spending, and 3) present a long - term financial plan to address the concerns of the Board of Directors regarding curricular and technology needs, professional development, staffing, the impact of PSERS, declining revenues from the local tax bases and school funding from the State.

Public Content

Please see attachments, including guidelines and an outline of the program.

File Attachments

NAP Guidelines_2016.pdf (1,739 KB)
NAP Tax Credit Program outline.pdf (562 KB)
Subject :
4.5 Budget Discussion
Meeting :
Apr 24, 2017 - 4 Finance Committee
Category :
4. Informational Items
Type :
Information

Public Content

Executive Summary

File Attachments

Adds & Reductions 2017-18 Board Rate 4.24.17.xlsx (31 KB)
Copy of WCSD Draft Detail Budget Timeline 4.24.17.pdf (293 KB)
5. Other
Subject :
5.1 Other
Meeting :
Apr 24, 2017 - 4 Finance Committee
Category :
5. Other
Type :
Committee Minutes

Public Content

Executive Summary

6. Closing Activities
Subject :
6.1 Next Meeting Date - Monday, May 22, 2017 Following CIT
Meeting :
Apr 24, 2017 - 4 Finance Committee
Category :
6. Closing Activities
Type :
Information

Public Content

Executive Summary

Subject :
6.2 Executive Session
Meeting :
Apr 24, 2017 - 4 Finance Committee
Category :
6. Closing Activities
Type :
Procedural

Public Content

Executive Summary

Subject :
6.3 Adjournment
Meeting :
Apr 24, 2017 - 4 Finance Committee
Category :
6. Closing Activities
Type :
Procedural

Public Content

Executive Summary