June 13, 2017 at 5:30 PM - Study Session
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I. Opening
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II. ACTION ITEMS
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II.1. Proposed FY18 Expenditure Budget
Description:
The Board will consider approval of the proposed expenditure budget for fiscal year 2017-2018. Consistent with the requirements set forth in Arizona Revised Statutes, the Board needs to approve a proposed expenditure budget and then conduct a public hearing prior to adopting the budget on or before July 15th. Administration is planning to schedule the hearing and an item for budget adoption at the next Board meeting (June 27th).
Attachments:
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III. INFORMATION AND DISCUSSION
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III.1. Proposal For Consulting Services
Description:
The Board will discuss and possibly take action regarding a proposal for consulting services with Interim Superintendent.
Attachments:
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III.2. Override Election Consideration
Description:
The Board will discuss possible future action regarding override and possible call for election at the June 27th meeting.
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III.3. Short-term Borrowing
Description:
The Board will discuss short-term borrowing to cover the potential shortfall in enrollment during fiscal year 2018. Due to the change by the State to “current year” funding there is an exposure to the district because we do not know what our enrollment will be in the upcoming year. Short-term borrowing could be considered rather than utilizing the district’s prepaid insurance balance in the case of an enrollment shortfall.
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IV. Adjournment
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