1. Opening Activities
Subject :
1.1 Call to Order
Meeting :
Jun 24, 2019 - 2Finance Committee
Category :
1. Opening Activities
Type :
Procedural

Public Content

Executive Summary

Subject :
1.2 Public Comment
Meeting :
Jun 24, 2019 - 2Finance Committee
Category :
1. Opening Activities
Type :
Procedural

Public Content

Executive Summary

2. Old Business
Subject :
2.1 Other
Meeting :
Jun 24, 2019 - 2Finance Committee
Category :
2. Old Business
Type :
Information

Public Content

Executive Summary

3. New Business
Subject :
3.1 Repository Sale
Meeting :
Jun 24, 2019 - 2Finance Committee
Category :
3. New Business
Type :
Action (Committees)
Recommended Action :
That the Board of School Directors approves the repository sales for tax parcels WWN-546-5927000-000 and CY-333-953600-000 as presented.
Goals :
Goal #3 - The Warren County School District will continuously improve fiscal planning, opportunities to generate revenue, advocacy and communication, both internally and externally.

Public Content

Executive Summary

File Attachments

Repository Sale.pdf (455 KB)
Subject :
3.2 Committed Fund Balance use for 2018-2019
Meeting :
Jun 24, 2019 - 2Finance 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 (account 0830) to the General Fund in the total amount of $2,930,401 for the purpose of Capital Projects $1,941,400, PSERS mandated expenditures $249,002, Technology $564,999 and STEM in the amount of $175,000.
Goals :
Goal #3 - The Warren County School District will continuously improve fiscal planning, opportunities to generate revenue, advocacy and communication, both internally and externally.

Public Content

Executive Summary: The transfers are to cover planned expenditures as outlined in the 2018-2019 budget as well as STEM and Building and Grounds Capital Projects that have previously been approved by the Board of Directors.

Subject :
3.3 Final Budget Approval 2019-2020
Meeting :
Jun 24, 2019 - 2Finance Committee
Category :
3. New Business
Type :
Action (Committees)
Recommended Action :
That the Board of School Directors approves the Final Budget with a 0 mill increase for the 2019-2020 fiscal year as presented.
Goals :
Goal #3 - The Warren County School District will continuously improve fiscal planning, opportunities to generate revenue, advocacy and communication, both internally and externally.

Public Content

Executive Summary

File Attachments

08.Final Budget 2019-2020 rev1.pdf (3,560 KB)
Subject :
3.4 2019-2020 Annual Tax Levy and Resource Allocation Resolution
Meeting :
Jun 24, 2019 - 2Finance Committee
Category :
3. New Business
Type :
Action (Committees)
Recommended Action :
That the Board of School Directors approves the 2019-2020 Annual Tax Levy and Resource Allocation Resolution with a 0 mill increase as presented.
Goals :
Goal #3 - The Warren County School District will continuously improve fiscal planning, opportunities to generate revenue, advocacy and communication, both internally and externally.

Public Content

Executive Summary

File Attachments

Annual Tax Levy and Resource Allocation Resolution 2019-2020 0 Mill.docx (15 KB)
Subject :
3.5 Homestead/Farmstead Resolution
Meeting :
Jun 24, 2019 - 2Finance Committee
Category :
3. New Business
Type :
Action (Committees)
Recommended Action :
That the Board of School Directors adopts the Homestead and Farmstead Resolution with a 0 mill increase for the 2019-2020 fiscal year as presented.
Goals :
Goal #3 - The Warren County School District will continuously improve fiscal planning, opportunities to generate revenue, advocacy and communication, both internally and externally.

Public Content

Executive Summary

File Attachments

Homestead Farmstead 2019-20 0 Mill.docx (17 KB)
Subject :
3.6 Workers Comp Insurance Renewal
Meeting :
Jun 24, 2019 - 2Finance Committee
Category :
3. New Business
Type :
Action (Committees)
Recommended Action :
That the Board of School Directors approves the Worker's Comp renewal with Eastern Alliance and authorizes the Board President, the Board Secretary, and the administration to execute the associated policy and any other documentation required to implement the policy.
Goals :
Goal #3 - The Warren County School District will continuously improve fiscal planning, opportunities to generate revenue, advocacy and communication, both internally and externally.

Public Content

Executive Summary

Subject :
3.7 LERTA Expansion Project
Meeting :
Jun 24, 2019 - 2Finance Committee
Category :
3. New Business
Type :
Discussion, Information

Public Content

Executive Summary

File Attachments

Act34_of_1971_Residential_LERTA_Law.pdf (149 KB)
Act76_of_1977_Commercial_LERTA_Law.pdf (95 KB)
PROPOSAL - Warren_County_Redevelopment_Task_Force_Residential_LERTA_Proposal.pdf (1,208 KB)
Tax_Relief_and_Redevelopment_Act_Fact_Sheet.pdf (28 KB)
City_LERTA_DRAFT.pdf (232 KB)
061019_SCHOOL_DISTRICT_Tax_Relief_Ordinance_DRAFT.docx (28 KB)
MAP_Warren_County_Map_for_LERTA_Program.pdf (245 KB)
LERTACityofWarren.pdf (56 KB)
4. Informational Items
Subject :
4.1 Financial Reports
Meeting :
Jun 24, 2019 - 2Finance Committee
Category :
4. Informational Items
Type :
Information

Public Content

Financial Reports

File Attachments

WEC - Self Funding Analysis - May 2019.pdf (259 KB)
Capital Project Reserve 2019.06.24.19.pdf (186 KB)
Treasurer Report 06.24.19.pdf (67 KB)
QZAB-GOB Treasurer Report 06.24.19.pdf (86 KB)
Subject :
4.2 Committed Fund Balance Roll Forward
Meeting :
Jun 24, 2019 - 2Finance Committee
Category :
4. Informational Items
Type :
Discussion
Goals :
Goal #3 - The Warren County School District will continuously improve fiscal planning, opportunities to generate revenue, advocacy and communication, both internally and externally.

Public Content

Executive Summary

File Attachments

Fund Balance 2019-20.pdf (463 KB)
Subject :
4.3 Budget Timeline
Meeting :
Jun 24, 2019 - 2Finance Committee
Category :
4. Informational Items
Type :
Information

Public Content

Executive Summary

File Attachments

WCSD Draft Detail Budget Timeline 6.24.19 Fin Committee.xlsx (21 KB)
Subject :
4.4 Other
Meeting :
Jun 24, 2019 - 2Finance Committee
Category :
4. Informational Items
Type :
Information

Public Content

Executive Summary

5. Other
Subject :
5.1 Other
Meeting :
Jun 24, 2019 - 2Finance Committee
Category :
5. Other
Type :
Minutes

Public Content

Executive Summary

6. Closing Activities
Subject :
6.1 Next Meeting - Monday, July 29, 2019
Meeting :
Jun 24, 2019 - 2Finance Committee
Category :
6. Closing Activities
Type :
Information

Public Content

Executive Summary

Subject :
6.2 Executive Session
Meeting :
Jun 24, 2019 - 2Finance Committee
Category :
6. Closing Activities
Type :
Procedural

Public Content

Executive Summary

Subject :
6.3 Adjournment
Meeting :
Jun 24, 2019 - 2Finance Committee
Category :
6. Closing Activities
Type :
Procedural

Public Content

Executive Summary