June 2, 2025 at 4:45 PM - Finance Committee Meeting

1. CALL TO ORDER 

2. ROLL CALL 

3. VISITORS AND CORRESPONDENCE (Audience Participation)

4. DISCUSSION ITEMS

4.I. 2024-2025 (FY25) - Preliminary Amended Budget - Summary

4.II. 2025-2026 (FY26) - Preliminary Tentative Budget - Summary

4.III. District's Long-Term Financial Sustainability Outlook

4.IV. Finance of District's Long-Term Maintenance Plan and Master Capital Improvement Planning

4.V. Minimum Wage Law - Six-Year Transition Period 2019-2025 - Future Support Staff Wage Adjustments

4.VI. 2025-2026 (FY26) - Substitute Wages

4.VII. Other District Financial Matters

5. EXECUTIVE SESSION

5.I. 5 ILCS 120/2(c)(1) The appointment, employment, compensation, discipline, performance, or dismissal of specific employees, specific individuals who serve as independent contractors in a park, recreational, or educational setting, or specific volunteers of the public body or legal counsel for the public body, including hearing testimony on a complaint lodged against an employee, a specific individual who serves as an independent contractor in a park, recreational, or educational setting, or a volunteer of the public body or against legal counsel for the public body to determine its validity.

6. ADJOURNMENT
The next regularly scheduled meeting will be Monday, June 23, 2025, at 6:30 p.m. 

Rankin School District #98 "Our School is a Great Place to Learn"

Mission: Empowering all students to reach their maximum potential and become productive, respectful, responsible, and well-rounded citizens.  

Vision: Building the foundation of the future by engaging youth through rigorous and diverse educational opportunities.