August 4, 2026 at 6:00 PM - Finance
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1. Opening of Meeting
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1.A. Call to Order
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1.B. Pledge of Allegiance
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2. Approval of Meeting Minutes
Attachments:
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3. Items Recommended for Action Meeting
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3.A. Treasurer's Report
Attachments:
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3.B. Budget Transfers: Year End 2025-2026
Description:
Motion to allow the Business Office to properly state accounts by internally transferring funds at years end for closing and auditing purposes.
WHEREAS Section 687 of Public School code of 1949 requires that line item "sums appropriated to specific purposes in the budget" not to be exceeded; and WHEREAS under the school accounting system, line items have been determined to be major object levels within specific sub-functions; and WHEREAS year-end adjustments by the Business Office and Auditors may cause such line items to be exceeded; NOW, THEREFORE, BE IT RESOLVED that the North Penn Board of School Directors, in accordance with the directions from the Auditor General's office, authorizes the Chief Financial Officer to make those necessary budget transfers within and between accounts to prevent any possible over expenditure without exceeding the total budget for 2025-2026. |
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3.C. Power School Contract for 2026-2027 School Year
Description:
Administration is seeking approval for the 2026-2027 Power School Subscription which is our ERP system. The Contract includes $102,480 for the actual program subscription and $83,859 for Application Managed Services which will include the hopeful migration to the cloud-based application along with unlimited support during this process.
Attachments:
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3.D. 2026-2027 Non-Union and Confidential Support Wage Increases
Description:
Recommend increase of 3.70% to the salary/hourly rate schedule of non-union and confidential support staff for the 2026-2027 fiscal year effective July 1, 2026. This amount was anticipated and budgeted for in the 2026-2027 budget.
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3.E. Award of Transportation Department Operational Audit RFP to Transportation Advisory Services (TAS)
Description:
The District received four submissions in response to the Transportation Department Operational Audit Request for Proposals (RFP), and three firms were interviewed. Following the evaluation and interview process, the Committee recommends awarding the Transportation Department Operational Audit RFP to Transportation Advisory Services (TAS).
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4. Financial Reports
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4.B. General Fund Year-End Projection as of 6/30/2026 (Preliminary Year End)
Description:
BUDGET AT A GLANCE
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4.C. General Fund MTD & YTD Net Position as of 6/30/2026 (Preliminary Year End)
Description:
Informational
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4.D. Enterprise Fund Statements as of 6/30/2026 (Preliminary Year End)
Description:
Informational
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4.E. Budgetary Reserve as of 6/30/2026 (Preliminary Year End)
Description:
Informational
Attachments:
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5. Right to Know Requests
Description:
Please review the attached sheet for the most up to date requests.
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6. Audience of Citizens
Description:
The public is hereby advised that this meeting is being recorded. Any residents or taxpayers who speak must state their name and municipality. The comment opportunity is limited to three minutes per speaker. As a reminder, the Audience of Citizens portion of the meeting is not designed for debate or discussion with the Board. When appropriate, individual school directors may choose to respond to public comments that have been made once the Audience of Citizens period has concluded or request that a member of the Administration follow up with the speakers after the meeting. Reference Board Policy #903 |
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7. Next Meeting Date of the Finance Committee 9/8/2026
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8. Adjournment
Description:
Adjourn meeting
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