1. Opening Activities
Subject :
1.1 Call to Order
Meeting :
Oct 23, 2017 - 4 Finance Committee
Category :
1. Opening Activities
Type :
Procedural

Public Content

Executive Summary

Subject :
1.2 Public Comment
Meeting :
Oct 23, 2017 - 4 Finance Committee
Category :
1. Opening Activities
Type :
Procedural

Public Content

Executive Summary

2. Old Business
3. New Business
Subject :
3.1 Budget Transfer #1
Meeting :
Oct 23, 2017 - 4 Finance Committee
Category :
3. New Business
Type :
Action (Committees)
Recommended Action :
That the Board of School Directors approve the Resolution and Budget Transfer in the amount of $649,782.52.
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 reallocate funds from Regular Education and Contingency to Special Ed and Health Services to compensate for transfer of employees to different areas.  Transfer will clear negative balances.

File Attachments

Budget Transfer #1 Resolution.pdf (32 KB)
Budget Transfer #1.pdf (484 KB)
Subject :
3.2 Budget Transfer #2
Meeting :
Oct 23, 2017 - 4 Finance Committee
Category :
3. New Business
Type :
Action (Committees)
Recommended Action :
That the Board of School Directors approve the Resolution and Budget Transfer in the amount of $75,000.00.
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 reallocate funds from Regular Education (Salaries) to clear negative balances in various areas of the WCCC.

File Attachments

Budget Transfer #2 Resolution.pdf (31 KB)
Budget Transfer #2.pdf (120 KB)
Subject :
3.3 Budget Transfer #3
Meeting :
Oct 23, 2017 - 4 Finance Committee
Category :
3. New Business
Type :
Action (Committees)
Recommended Action :
That the Board of School Directors approve the Resolution and Budget Transfer in the amount of $67,000.00.
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 reallocate funds from Regular Education (Salaries) to clear negative balances in various areas of the Library and Curriculum Development (Personnel).

File Attachments

Budget Transfer #3 Resolution.pdf (31 KB)
Budget Transfer #3.pdf (233 KB)
4. Informational Items
Subject :
4.1 Financial Reports
Meeting :
Oct 23, 2017 - 4 Finance Committee
Category :
4. Informational Items
Type :
Information

Public Content

Financial Reports

File Attachments

WEC-Self Funding Analysis - September 2017.pdf (286 KB)
Capital Project Reserve 2017.10.23.17.pdf (135 KB)
Treasurer Report 10.23.17.pdf (66 KB)
QZAB-GOB Treasurer Report 10.23.17.pdf (86 KB)
Quarterly Activity Reports.pdf (523 KB)
Subject :
4.2 Grant Report
Meeting :
Oct 23, 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 attached report.

File Attachments

Grant Report Sept-Oct 2017.pdf (428 KB)
Subject :
4.3 Summer Food
Meeting :
Oct 23, 2017 - 4 Finance Committee
Category :
4. Informational Items
Type :
Information

Public Content

Executive Summary

Subject :
4.4 Budget Timeline
Meeting :
Oct 23, 2017 - 4 Finance Committee
Category :
4. Informational Items
Type :
Information

Public Content

Executive Summary

File Attachments

SSAct1 Timeline 2018-19 Fiscal-1.pdf (295 KB)
5. Other
Subject :
5.1 Other
Meeting :
Oct 23, 2017 - 4 Finance Committee
Category :
5. Other
Type :
Information

Public Content

Executive Summary

6. Closing Activities
Subject :
6.1 Next Meeting Date - Monday, November 11, 2017 Following CIT
Meeting :
Oct 23, 2017 - 4 Finance Committee
Category :
6. Closing Activities
Type :
Information

Public Content

Executive Summary

Subject :
6.2 Executive Session
Meeting :
Oct 23, 2017 - 4 Finance Committee
Category :
6. Closing Activities
Type :
Procedural

Public Content

Executive Summary

Subject :
6.3 Adjornment
Meeting :
Oct 23, 2017 - 4 Finance Committee
Category :
6. Closing Activities
Type :
Procedural

Public Content

Executive Summary