1. Opening Activities
Subject :
1.1 Call to Order
Meeting :
Jun 29, 2020 - 2Finance Committee
Category :
1. Opening Activities
Type :
Information

Public Content

https://wcsdpa.zoom.us/j/97994971461

Subject :
1.2 Public Comment
Meeting :
Jun 29, 2020 - 2Finance Committee
Category :
1. Opening Activities
Type :
Information

Public Content

Executive Summary

2. Old Business
Subject :
2.1 Other
Meeting :
Jun 29, 2020 - 2Finance Committee
Category :
2. Old Business
Type :
Information

Public Content

Executive Summary

3. New Business
Subject :
3.1 Property Past Taxes Due
Meeting :
Jun 29, 2020 - 2Finance Committee
Category :
3. New Business
Type :
Action (Committees)
Recommended Action :
MOTION A:
That the Board of School Directors agrees to forgive the real estate taxes, penalties, and interest for the property located at 219 Liberty Street in Warren (WN- 575-9339) for the time period preceding the date on which the City of Warren/the Redevelopment Authority of the City of Warren takes ownership of the property, contingent upon (i) the City of Warren/the Redevelopment Authority of the City of Warren taking ownership of the property prior to January 1, 2021; (ii) the City of Warren/the Redevelopment Authority of the City of Warren receiving DCED grant funds to improve the property; and (iii) forgiveness of the past due taxes, penalties, and interest for the property by the County and City. Further, that the Board of School Directors directs the Board President to provide a letter to the City regarding this approval and the associated contingencies.

OR

MOTION B:
That the Board of School Directors rejects the City of Warren’s request for the Board to forgive the past due real estate taxes, penalties and interest owed for the property located at 219 Liberty Street in Warren (WN- 575-9339).
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 :
3.2 Committed Fund Balance Use 2019-20
Meeting :
Jun 29, 2020 - 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 $1,282,708 for the purpose of Capital Projects $100,000, PSERS mandated expenditures $200,00, Technology Projects $741,008 and STEM in the amount of $241,700.

Public Content

Executive Summary: The transfers are to cover planned expenditures as outlined in the 2019-2020 budget as well as STEM Projects that have previously been approved by the Board of Directors.

Subject :
3.3 Final Budget Approval 2020-21
Meeting :
Jun 29, 2020 - 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 2020-2021 fiscal year as presented.

Public Content

Executive Summary

Subject :
3.4 Annual Tax Levy & Resource Allocation Resolution 2020-21
Meeting :
Jun 29, 2020 - 2Finance Committee
Category :
3. New Business
Type :
Action (Committees)
Recommended Action :
That the Board of School Directors approves the 2020-2021 Annual Tax Levy and Resource Allocation Resolution with a 0 mill increase as presented.

Public Content

Executive Summary

Subject :
3.5 Homestead Farmstead Resolution
Meeting :
Jun 29, 2020 - 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 2020-2021 fiscal year as presented.

Public Content

Executive Summary

4. Informational Items
Subject :
4.1 Financial Reports
Meeting :
Jun 29, 2020 - 2Finance Committee
Category :
4. Informational Items
Type :
Information

Public Content

Financial Reports

Subject :
4.2 Grant Report
Meeting :
Jun 29, 2020 - 2Finance 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.

Subject :
4.3 Other
Meeting :
Jun 29, 2020 - 2Finance Committee
Category :
4. Informational Items
Type :
Information

Public Content

Executive Summary

5. Other
Subject :
5.1 Other
Meeting :
Jun 29, 2020 - 2Finance Committee
Category :
5. Other
Type :
Committee Minutes

Public Content

Executive Summary

6. Closing Activities
Subject :
6.1 Next Meeting - Monday, July 27, 2020
Meeting :
Jun 29, 2020 - 2Finance Committee
Category :
6. Closing Activities
Type :
Procedural

Public Content

Executive Summary

Subject :
6.2 Executive Session
Meeting :
Jun 29, 2020 - 2Finance Committee
Category :
6. Closing Activities
Type :
Procedural

Public Content

Executive Summary

Subject :
6.3 Adjournment
Meeting :
Jun 29, 2020 - 2Finance Committee
Category :
6. Closing Activities
Type :
Procedural

Public Content

Executive Summary