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Meeting Agenda
1. Call to Order
2. Finance Update
2.A. Budget Update
2.B. Brunkow Settlement
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)
2.D. Section 147g
  • The February State Aid included the first round of funding.
  • Saginaw ISD is allocated $552,185
  • February State Aid pays us $250,968
  • Still waiting for more guidance from ORS / MDE
3. Items for Consideration
3.A. Finance Report
Agenda Item Details Reload Your Meeting
Meeting: February 18, 2025 at 5:00 PM - SISD Board of Education Finance Committee Meeting
Subject:
1. Call to Order
Subject:
2. Finance Update
Subject:
2.A. Budget Update
Subject:
2.B. Brunkow Settlement
Subject:
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)
Subject:
2.D. Section 147g
  • The February State Aid included the first round of funding.
  • Saginaw ISD is allocated $552,185
  • February State Aid pays us $250,968
  • Still waiting for more guidance from ORS / MDE
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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