1. Opening Activities
Subject :
1.1 Call to Order
Meeting :
Feb 22, 2021 - 2Finance Committee
Category :
1. Opening Activities
Type :
Procedural

Public Content

https://wcsdpa.zoom.us/j/92047217330

Subject :
1.2 Public Comment
Meeting :
Feb 22, 2021 - 2Finance Committee
Category :
1. Opening Activities
Type :
Presentation

Public Content

Executive Summary

2. Old Business
Subject :
2.1 Other
Meeting :
Feb 22, 2021 - 2Finance Committee
Category :
2. Old Business
Type :
Information

Public Content

Executive Summary

3. New Business
Subject :
3.1 Budget Transfer - $2,000
Meeting :
Feb 22, 2021 - 2Finance 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 $2,000.00.
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 cover the cost of supplies needed to open the marketing program store in the newly renovated WCCC facility.

File Attachments

Budget Transfer $2,000.pdf (107 KB)
Budget Resolution $2,000.pdf (27 KB)
Subject :
3.2 Budget Transfer - $130,631.56
Meeting :
Feb 22, 2021 - 2Finance 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 $130,631.56.
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 reclass Special Education aide wages and benefits to their proper BUN's.

File Attachments

Budget Transfer $130,631.56.pdf (713 KB)
Budget Resolution $130,631.56.pdf (29 KB)
Subject :
3.3 Budget Transfer - $93,183.00
Meeting :
Feb 22, 2021 - 2Finance 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 $93,183.00
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 align the FinPlus Budget amounts for 21st Century - Cohort 8 to the awarded amounts.  PDE changed BUN's where they wanted the amounts to reside.

File Attachments

Budget Transfer $93,183.pdf (488 KB)
Budget Resolution $93,183.pdf (28 KB)
Subject :
3.4 Budget Transfer - $207,543.88
Meeting :
Feb 22, 2021 - 2Finance 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 $207,543.88.
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 align the FinPlus Budget amounts for 21st Century - Cohort 10 to the awarded amounts.  PDE changed BUN's where they wanted the amounts to reside.

File Attachments

Budget Transfer $207,543.88.pdf (266 KB)
Budget Resolution $207,543.88.pdf (30 KB)
Subject :
3.5 New Northwest Checking Account - WCCC Marketing
Meeting :
Feb 22, 2021 - 2Finance Committee
Category :
3. New Business
Type :
Action (Committees)
Recommended Action :
That the Board of School Directors approve the motion to open a new Northwest checking account for the WCCC Marketing store.
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

WCCC Marketing Letter.pdf (158 KB)
Subject :
3.6 Basic Education Funding Formula
Meeting :
Feb 22, 2021 - 2Finance Committee
Category :
3. New Business
Type :
Action (Committees)
Recommended Action :
That the Finance Committee of the Warren County School District approves the Basic Education Funding letter and spreadsheet, as attached, for distribution.
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

BEF Letter.docx (14 KB)
Spreadsheet to legislators.xlsx (25 KB)
4. Informational Items
Subject :
4.1 Financial Reports
Meeting :
Feb 22, 2021 - 2Finance Committee
Category :
4. Informational Items
Type :
Information

Public Content

Financial Reports

File Attachments

WEC - Self Funding Analysis - December 2020 (1).pdf (265 KB)
Capital Project Reserve 2021.02.22.21.pdf (176 KB)
Treasurer Report 02.22.21.pdf (67 KB)
QZAB-GOB Treasurer Report 02.15.21.pdf (83 KB)
TTM Burn Rate Analysis 1.31.21.xlsx (22 KB)
Subject :
4.2 The Nutrition Group - Newsletter
Meeting :
Feb 22, 2021 - 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

Executive Summary

File Attachments

Nutrition Group Newslette.pdf (306 KB)
Subject :
4.3 Budget Timeline
Meeting :
Feb 22, 2021 - 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

Executive Summary

File Attachments

WCSD Draft Detail Budget Timeline 2.22.21 Fin Committee.xlsx (23 KB)
Subject :
4.4 Grant Report
Meeting :
Feb 22, 2021 - 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.

File Attachments

Grant Report Jan-Feb 2021.pdf (109 KB)
Subject :
4.5 Other
Meeting :
Feb 22, 2021 - 2Finance Committee
Category :
4. Informational Items
Type :
Information

Public Content

Executive Summary

5. Other
Subject :
5.1 Other
Meeting :
Feb 22, 2021 - 2Finance Committee
Category :
5. Other
Type :
Committee Minutes

Public Content

Executive Summary

6. Closing Activities
Subject :
6.1 Adjournment
Meeting :
Feb 22, 2021 - 2Finance Committee
Category :
6. Closing Activities
Type :
Procedural

Public Content

Executive Summary

Subject :
6.2 Executive Session
Meeting :
Feb 22, 2021 - 2Finance Committee
Category :
6. Closing Activities
Type :
Procedural

Public Content

Executive Summary

Subject :
6.3 Next Meeting - Monday, March 29, 2021 - 6:00 p.m.
Meeting :
Feb 22, 2021 - 2Finance Committee
Category :
6. Closing Activities
Type :
Procedural

Public Content

Executive Summary