May 4, 2020 at 6:00 PM - Finance & Facilities Committee Meeting

1. DISCUSSION

1.A. Monthly Financial Reports
District staff has gathered information for the monthly financial reporting process. The monthly reports from July through February 2020 will be reviewed with the school board.

1.B. 2020-2021 Preliminary Budget Process 
The district has begun the process of building the 2020-2021 budget. Initial input has been gathered from Principals and Administrators regarding programs and staffing levels. Input from the Finance Committee has been given as district staff moves forward with the development of the 2020-2021 Preliminary Budget. District staff feels confident about putting forward a budget with a slight surplus for the 2020-2021 school year at this point.

1.C. Distance Learning Parent Survey Results
Parents have until May 1 to complete survey, results will be ready May 4.

1.D. Review of Operating Levy Data

1.D.1. Tax Impact 

1.D.2. ISD 110 Average Home Value

1.D.3. Draft Focus Group Questions

2. ACTION ITEMS for May 11 School Board Meeting

2.A. Food Service Meal Price Changes for the 2020-2021 School Year
The Paid Lunch Equity (PLE) provision of the Healthy, Hunger-Free Kids Act of 2010 requires school food authorities to ensure each year that sufficient funds are provided to the food service accounts for full-paid student lunches. The Federal Government has held off on releasing the tool to make the calculation so far due to the COVID-19 pandemic. As a reminder, we raised lunch prices by $.05 per meal last year at this time. At this time we are recommending we hold off for at least a month before making a recommendation on meal prices for the 2020-2021 school year.

3. OTHER ITEMS

3.A. Superintendent's Update

4. FUTURE ITEMS

4.A. June Board Meeting
-2020-2021 preliminary budget approval
-SWMetro safe schools and lease levy approvals

4.B. July Board Meeting
-Summer LTFM and Construction Projects Update
-Operating Referendum Discussions