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Meeting Agenda
1. Call to Order
2. Finance Update
2.A. Consensus Revenue Estimating Conference ("CREC")
  • "Everything has adjusted up"
  • Accounting error: $400M of tax refunds had to be shifted to the prior year
2.B. HB 6058
  • 7% increase to hardcaps
  • Employer shall not pay less than 80%
  • Annual increases will be based on "the medical care component of the average of the Michigan health insurance rates, or 3%, whichever is greater"
    • 2013 (3.50%)
    • 2014 (4.47%)
    • 2015 (2.30%)
    • 2016 (2.50%)
    • 2017 (3.30%)
    • 2018 (3.40%)
    • 2019 (1.90%)
    • 2020 (2.00%)
    • 2021 (3.30%)
    • 2022 (3.70%)
    • 2023 (1.30%)
    • 2024 (4.10%)
    • 2025 (0.20%)
2.C. Minimum Wage
  • Increasing from $10.33 to $12.48 on February 21st. 
  • Will affect the following assignments:
    • Student Workers ($10.56)
    • Sub Bus Assistants ($10.56)
    • Sub Food Service ($10.56 to $12.37)
    • Cook Assistants ($11.37)
    • Sub Student Intern ($10.56)
    • Sub Teacher Assistant ($10.56)
2.D. Banking Services
2.E. Budget Amendment Update
3. Items for Consideration
3.A. Finance Report
Agenda Item Details Reload Your Meeting
Meeting: January 21, 2025 at 5:00 PM - SISD Board of Education Finance Committee Meeting
Subject:
1. Call to Order
Subject:
2. Finance Update
Subject:
2.A. Consensus Revenue Estimating Conference ("CREC")
  • "Everything has adjusted up"
  • Accounting error: $400M of tax refunds had to be shifted to the prior year
Subject:
2.B. HB 6058
  • 7% increase to hardcaps
  • Employer shall not pay less than 80%
  • Annual increases will be based on "the medical care component of the average of the Michigan health insurance rates, or 3%, whichever is greater"
    • 2013 (3.50%)
    • 2014 (4.47%)
    • 2015 (2.30%)
    • 2016 (2.50%)
    • 2017 (3.30%)
    • 2018 (3.40%)
    • 2019 (1.90%)
    • 2020 (2.00%)
    • 2021 (3.30%)
    • 2022 (3.70%)
    • 2023 (1.30%)
    • 2024 (4.10%)
    • 2025 (0.20%)
Subject:
2.C. Minimum Wage
  • Increasing from $10.33 to $12.48 on February 21st. 
  • Will affect the following assignments:
    • Student Workers ($10.56)
    • Sub Bus Assistants ($10.56)
    • Sub Food Service ($10.56 to $12.37)
    • Cook Assistants ($11.37)
    • Sub Student Intern ($10.56)
    • Sub Teacher Assistant ($10.56)
Subject:
2.D. Banking Services
Subject:
2.E. Budget Amendment Update
Subject:
3. Items for Consideration
Subject:
3.A. Finance Report

NOTICE OF NONDISCRIMINATION

 

Saginaw Intermediate School District does not discriminate on the basis of race, color, religion, sexual orientation, gender and gender identity, disability, age, or national origin in its programs and activities and provides equal access to the Boy Scouts and other designated youth groups. The following person has been designated to handle inquiries regarding the non-discrimination policies:

 

Scott Sawyer Executive Director of

Human Resources and Finance

Saginaw Intermediate School District

3933 Barnard Road

Saginaw, MI 48603

Telephone: (989) 249-8702

 

For further information on notice of nondiscrimination, see the following website: 

https://www.hrc.org/resources/u.s.-federal-government-employment-policies or call 1-800-421-3481.

 

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