February 18, 2025 at 5:00 PM - SISD Board of Education Finance Committee Meeting

Agenda

1. Call to Order

Agenda Item Type: Non-Action Item

2. Finance Update

Agenda Item Type: Non-Action Item

2.A. Budget Update

Agenda Item Type: Non-Action Item

2.B. Brunkow Settlement

Agenda Item Type: Action Item

2.C. Governor's Proposal

Foundation Allowance to increase from $9,608 to $10,000
- With the removal of section 147a(4), and changes to retirement rates, this could result in a decrease of approximately $235 per student.
31aa - No increase to funding ($150M)
31n(6) - No increase to funding ($87.2M)
Section 81 - 4% increase ($82.6M)
32d(1) - "GSRP" 3.7% increase ($632M)
35a(4) - 7.7% increase ($45.2M)

Agenda Item Type: Action Item

2.D. Section 147g

Agenda Item Type: Action Item

3. Items for Consideration

Agenda Item Type: Non-Action Item

3.A. Finance Report

Agenda Item Type: Non-Action Item

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