1. Opening Activities
Subject :
1.1 Call to Order
Meeting :
Apr 27, 2020 - 4Finance Committee
Category :
1. Opening Activities
Type :
Procedural

Public Content

Executive Summary

Subject :
1.2 Public Comment
Meeting :
Apr 27, 2020 - 4Finance Committee
Category :
1. Opening Activities
Type :
Procedural

Public Content

Executive Summary

2. Old Business
Subject :
2.1 Other
Meeting :
Apr 27, 2020 - 4Finance Committee
Category :
2. Old Business
Type :
Information

Public Content

Executive Summary

3. New Business
Subject :
3.1 Warren County School District Law Enforcement Partnership Memorandum of Understanding
Meeting :
Apr 27, 2020 - 4Finance Committee
Category :
3. New Business
Type :
Action (Committees)
Recommended Action :
That the Board of School Directors approves the Law Enforcement MOU per the attached document.
Goals :
Goal #3 - The Warren County School District will enhance its financial condition through continued use of fiscal planning, growth of revenue opportunities, and by advocating for and communicating the unique financial needs of the District.

Public Content

Executive Summary

File Attachments

WCSD - Law Enforcement MOU (2020).doc (120 KB)
Subject :
3.2 Depositories for Fiscal Year 2020-2021
Meeting :
Apr 27, 2020 - 4Finance Committee
Category :
3. New Business
Type :
Action (Committees)
Recommended Action :
That the Board of School Directors approve the depositories for fiscal year 2020-2021 as follows: Northwest Savings Bank, PNC Bank, PLGIT (Pennsylvania Local Government Investment Trust), Manufacturers and Traders Trust Company, KeyBank, PSBLAF (Pennsylvania School District Liquid Assets Fund), BB&T Government Finance, Wilmington Trust, Wells Fargo Bank, N.A.
Goals :
Goal #3 - The Warren County School District will enhance its financial condition through continued use of fiscal planning, growth of revenue opportunities, and by advocating for and communicating the unique financial needs of the District.

Public Content

Executive Summary

Subject :
3.3 Budget Transfer in Preparation of 2019-2020 Audit
Meeting :
Apr 27, 2020 - 4Finance Committee
Category :
3. New Business
Type :
Action (Committees)
Recommended Action :
That the Board of School Directors directs and authorizes the Director of Business Services, after June 30, 2020, to make budget transfers applicable to the 2019-2020 fiscal year, as necessary, in preparation of the 2019-2020 annual audit, with the understanding that all such transfers shall be presented to the Board for approval/ratification at a subsequent meeting.
Goals :
Goal #3 - The Warren County School District will enhance its financial condition through continued use of fiscal planning, growth of revenue opportunities, and by advocating for and communicating the unique financial needs of the District.

Public Content

Executive Summary

Subject :
3.4 Budget Transfer - $264,804.00
Meeting :
Apr 27, 2020 - 4Finance 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 $264,804.00.
Goals :
Goal #3 - The Warren County School District will enhance its financial condition through continued use of fiscal planning, growth of revenue opportunities, and by advocating for and communicating the unique financial needs of the District.

Public Content

Executive Summary: This funds transfer is to budget funds according to the final Title I (085) allocation.

File Attachments

Budget Transfer - $264,804.00.pdf (505 KB)
Budget Resolution - $264.804.00.pdf (29 KB)
Subject :
3.5 Budget Transfer - Title II - $17,556.66
Meeting :
Apr 27, 2020 - 4Finance Committee
Category :
3. New Business
Type :
Action (Committees)
Recommended Action :
That the Board of School Directors approves the Resolution and Budget Transfer in the amount of $17,556.66, as presented.

Public Content

Executive Summary

File Attachments

Budget Transfer 17,556.66.pdf (25 KB)
Budget Transfer II 17,556.66.pdf (245 KB)
Subject :
3.6 Budget Transfer - Title IV - $36,375.00
Meeting :
Apr 27, 2020 - 4Finance Committee
Category :
3. New Business
Type :
Action (Committees)
Recommended Action :
That the Board of School Directors approves the Resolution and Budget Transfer in the amount of $36,375.00, as presented.

Public Content

Executive Summary

File Attachments

Budget Transfer 36,375.00.pdf (25 KB)
Budget Transfer II 36,375.00.pdf (117 KB)
4. Informational Items
Subject :
4.1 Financial Reports
Meeting :
Apr 27, 2020 - 4Finance Committee
Category :
4. Informational Items
Type :
Information

Public Content

Financial Reports

File Attachments

WEC - Self Funding Analysis - March 2020.pdf (263 KB)
Capital Project Reserve 2020.04.27.20.pdf (244 KB)
Treasurer Report 04.27.20.pdf (66 KB)
QZAB-GOB Treasurer Report 04.27.20.pdf (85 KB)
Quarterly Activity Reports.pdf (513 KB)
Subject :
4.2 TTM Analysis
Meeting :
Apr 27, 2020 - 4Finance Committee
Category :
4. Informational Items
Type :
Information

Public Content

Executive Summary

File Attachments

TTM Burn Rate Analysis 4.27.20 Finance Committee.pdf (517 KB)
Subject :
4.3 Budget Discussion
Meeting :
Apr 27, 2020 - 4Finance Committee
Category :
4. Informational Items
Type :
Information

Public Content

Executive Summary

File Attachments

01.2019-2020 Estimate 4.27.20 Finance Committee - Estimate.pdf (591 KB)
02.2019-2020 Estimate 4.27.20 Finance Committee - Fund Balance Rollforward.pdf (519 KB)
COVID Revenue.Expense impact as of 4-27-20.pdf (70 KB)
Subject :
4.4 Budget Timeline
Meeting :
Apr 27, 2020 - 4Finance Committee
Category :
4. Informational Items
Type :
Information
Goals :
Goal #3 - The Warren County School District will enhance its financial condition through continued use of fiscal planning, growth of revenue opportunities, and by advocating for and communicating the unique financial needs of the District.

Public Content

Executive Summary

File Attachments

WCSD Draft Detail Budget Timeline 4.27.20 Fin Committee.pdf (587 KB)
Subject :
4.5 Grant Report
Meeting :
Apr 27, 2020 - 4Finance Committee
Category :
4. Informational Items
Type :
Information
Goals :
Goal #3 - The Warren County School District will enhance its financial condition through continued use of fiscal planning, growth of revenue opportunities, and by advocating for and communicating the unique financial needs of the District.

Public Content

Please see attachment.

File Attachments

Grant Report Mar-Apr 2020.pdf (111 KB)
Subject :
4.6 Other
Meeting :
Apr 27, 2020 - 4Finance Committee
Category :
4. Informational Items
Type :
Information

Public Content

Executive Summary

5. Other
Subject :
5.1 Food Service Management Company (FSMC) Renewal for 2020-2021
Meeting :
Apr 27, 2020 - 4Finance Committee
Category :
5. Other
Type :
Information
Goals :
Goal #3 - The Warren County School District will enhance its financial condition through continued use of fiscal planning, growth of revenue opportunities, and by advocating for and communicating the unique financial needs of the District.

Public Content

Executive Summary

Subject :
5.2 Summer Food Update
Meeting :
Apr 27, 2020 - 4Finance Committee
Category :
5. Other
Type :
Information
Goals :
Goal #3 - The Warren County School District will enhance its financial condition through continued use of fiscal planning, growth of revenue opportunities, and by advocating for and communicating the unique financial needs of the District.

Public Content

Executive Summary

Subject :
5.3 Other
Meeting :
Apr 27, 2020 - 4Finance Committee
Category :
5. Other
Type :
Minutes

Public Content

Executive Summary

6. Closing Activities
Subject :
6.1 Next Meeting - Tuesday, May 26, 2020 - Following PPF
Meeting :
Apr 27, 2020 - 4Finance Committee
Category :
6. Closing Activities
Type :
Information

Public Content

Executive Summary

Subject :
6.2 Executive Session
Meeting :
Apr 27, 2020 - 4Finance Committee
Category :
6. Closing Activities
Type :
Procedural

Public Content

Executive Summary

Subject :
6.3 Adjournment
Meeting :
Apr 27, 2020 - 4Finance Committee
Category :
6. Closing Activities
Type :
Procedural

Public Content

Executive Summary