1. Opening Activities
Subject :
1.1 Call to Order
Meeting :
Jun 26, 2017 - 4 Finance Committee
Category :
1. Opening Activities
Type :
Procedural

Public Content

Executive Summary

Subject :
1.2 Public Comment
Meeting :
Jun 26, 2017 - 4 Finance Committee
Category :
1. Opening Activities
Type :
Information

Public Content

Executive Summary

2. Old Business
3. New Business
Subject :
3.1 Committed Fund Balance use for 2016-17
Meeting :
Jun 26, 2017 - 4 Finance Committee
Category :
3. New Business
Type :
Action (Committees)
Recommended Action :
That the Board of School Directors approves the use of and transfer of committed fund balance (0830) in the total amount of $493,898 for the purpose of Capital Projects in the amount of $100,000, PSERS mandated expenditures in the amount of $200,000 and Technology in the amount of $193,898.

Public Content

Executive Summary

 

 These transfers are to cover planned expenditures as outlined in the 2016-2017 budget.

Subject :
3.2 WEC Consortium
Meeting :
Jun 26, 2017 - 4 Finance Committee
Category :
3. New Business
Type :
Action (Committees)
Recommended Action :
That the Board of School Directors approves the Highmark Multi-Year Arrangement effective July 1, 2017 - June 30, 2021, as presented, and authorizes the District to enter into the Arrangement as a member of the Warren-Erie-Crawford Schools Consortium.
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

File Attachments

FIN.02.WEC Highmark Multi-Year Arrangement.pdf (214 KB)
Subject :
3.3 2017-2018 Annual Tax Levy and Resource Allocation Resolution
Meeting :
Jun 26, 2017 - 4 Finance Committee
Category :
3. New Business
Type :
Action (Committees)
Recommended Action :
That the Board of School Directors approves the 2017-2018 Annual Tax Levy and Resource Resolution with a 1 mill increase as presented.
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

File Attachments

Annual Tax Levy and Resource Allocation Resolution 2017-2018 1 Mill.docx (15 KB)
Annual Tax Levy and Resource Allocation Resolution 2017-2018 1 Mill.pdf (9 KB)
Subject :
3.4 Homestead/Farmstead Resolution
Meeting :
Jun 26, 2017 - 4 Finance Committee
Category :
3. New Business
Type :
Action (Committees)
Recommended Action :
That the Board of School Directors adopts the Homestead and Farmstead Resolution with a 1 mill increase for the 2017-2018 fiscal year as presented.
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

File Attachments

Homestead Farmstead 2017-2018 1 Mill.docx (17 KB)
Homestead Farmstead 2017-2018 1 Mill.pdf (148 KB)
Subject :
3.5 Budget Transfer
Meeting :
Jun 26, 2017 - 4 Finance Committee
Category :
3. New Business
Type :
Action (Committees)
Recommended Action :
That the Board of School Directors directs Administration to make a budget transfer in the amount of $800,000 from the General Fund to Capital Reserve for projects indicated on the Buildings and Grounds 5- Year project schedule.

Public Content

Executive Summary

4. Informational Items
Subject :
4.1 Financial Reports
Meeting :
Jun 26, 2017 - 4 Finance Committee
Category :
4. Informational Items
Type :
Information

Public Content

Financial Reports

File Attachments

Capital Project Reserve 2017.06.26.17.pdf (167 KB)
Treasurer Report 06.26.17.pdf (67 KB)
QZAB-GOB Treasurer Report 06.26.17.pdf (86 KB)
FIN.01 Cover Sheet 06.26.17.pdf (91 KB)
FIN.01a.List of Bills 06.26.17.pdf (2,699 KB)
Subject :
4.2 Grant Report
Meeting :
Jun 26, 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 2016-17.pdf (377 KB)
5. Other
Subject :
5.1 Other
Meeting :
Jun 26, 2017 - 4 Finance Committee
Category :
5. Other
Type :
Minutes

Public Content

Executive Summary

6. Closing Activities
Subject :
6.1 Next Meeting Date: July 31, 2017
Meeting :
Jun 26, 2017 - 4 Finance Committee
Category :
6. Closing Activities
Type :
Information

Public Content

Executive Summary

Subject :
6.2 Executive Session
Meeting :
Jun 26, 2017 - 4 Finance Committee
Category :
6. Closing Activities
Type :
Procedural

Public Content

Executive Summary

Subject :
6.3 Adjournment
Meeting :
Jun 26, 2017 - 4 Finance Committee
Category :
6. Closing Activities
Type :
Procedural

Public Content

Executive Summary