September 7, 2017 at 6:00 PM - Finance Committee

I. Call to Order, Pledge of Allegiance and Roll Call

II. Public Comment
Individuals wishing to address the Board are requested to notify the Superintendent in advance of the meeting.  Time allotted for comments is limited to five (5) minutes for each individual requesting to address the Board.

III. Discussion Items

III.A. FY18 Budget Update and BOE Presentation Preview

III.B. Discussion About 50% Fund Balance Minimum Reserve Balance Test

III.C. Historical Trend for 180 Day Fund Balance Test

III.D. Status of Revenue Risk Factors (SB1, Pension Cost Shift, and Property Tax Freeze)

III.E. Master Appropriation Plan - Recommendations for FY18 Budget

IV. Future Topics

IV.A. Discussion of Adequacy of Current Internal Financial Controls 

IV.B. PMA Bond Sale Options and Follow up Information 

IV.C. Evidence-Based Model for School Funding

IV.D. Financial Impact of District Current Compensation Policies - Including Performance Bonuses

V. Adjournment