May 1, 2018 at 10:00 AM - Finance Committee Meeting
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I. Call to order
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II. Discussion item(s)
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II.A. Discussion of Apple Purchase Program
Description:
Discuss proposed staff personal purchases of technology devices and equipment utilizing the Apple Purchase Program in Fall 2018. The main discussion involves (1) if the District will permit employees to finance such purposes, (2) if the District permits financing, how many installments will the employee be allowed to finance and (3) what safeguards will be put in place if such financing is permitted.
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II.B. Final discussion of weekly bill pay resolution for recommendation to the Board of Education
Description:
Review any proposed changes to the current weekly bill pay resolution for FY2019; Determine final recommendation for BOE approval
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II.C. SEIU vacation day buyout
Description:
Discussion of possible vacation buy back possibility
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II.D. Title I Grant Amendment
Description:
Dr. Samojedny will present and discuss the amendment to the Title I Grant that is being proposed for submission. As was the case last year, there is an amendment to the grant which is required due to additional allocations of dollars as well as shifting of resources based upon need in other areas.
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II.E. Prospect Heights School District 23 and Arlington Heights School District 25 Intergovernmental Agreement for Food Service Management
Description:
Presentation and discussion of the 2018-19 IGA between D23 and D25 as required by ISBE
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II.F. Transfer of Unused Contingency Funds
Description:
The District currently possess about $170,000 in unspent contingency funds. It is anticipated that the District will not need to use these funds by the end of the fiscal year. As such, a discussion of transferring where to transfer or use these funds needs to be discussed. The administration is recommending that these funds be transferred to capital projects and/or used for other needed projects/items from the capital plan or educational planning needs.
The administration also wants to discuss the transfer of the rental proceeds for the facility usages. |
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II.G. Expenditure of Remaining Building Funds
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II.H. Disposal Resolution for Tech Equipment
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III. Old business -- Item(s) discussed at previous Finance committee meeting(s)
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III.A. Update on financial advisor recommendation and timeline process
Description:
We will update the committee on the items discussed last month regarding recommendations on revenue issues including the recommendation of a financial advisor to help in the analysis. The timeline for considerations and decisions as it pertains to the prospect of new revenues will also be updated.
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III.B. Approval of Minutes - April 3, 2018 meeting
Description:
The Finance Committee recommends approval of the minutes from the April 3, 2018 as written.
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IV. New business -- Item(s) to be discussed at future Finance committee meeting(s)
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V. Adjournment
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