The Teachers' Retirement System of Illinois selected District 23 to participate in a field audit in early December. The purpose of the audit is to ensure correct earnings information and census data have been provided to TRS.  Detailed contract and payroll information was requested for several staff members.  The Human Resources Department and Business Office complied with the request within the required timeframe. On December 17th, we received a request from TRS for additional information and are working to provide that information as quickly as possible.

We have prepared a brief overview of the annual student fees. At this time, administration is not recommending an increase in fees for the 2021-22 school year.

The District has been following the City’s plan for redevelopment of the land adjacent to Muir Park and inclusive of the Jolly Fun House Academy.  We have attended City meetings and have been in regular contact with City Administration as their plans have progressed.  We have provided the attached update for the Committee's review. 

We have identified a few items that need further discussion and will require prioritization of funding in the areas of Technology, Summer Instruction and Capital Projects. We have attached a document for the Committee's review that addresses each of these areas and a plan for meeting the funding gap.

One request for information was received in accordance with the Freedom of Information Act from Smart Procure, requesting vendor and purchase order information.  All requests were responded to within the appropriate timeframe by the Business Office.

Monthly review of Year to Date Revenue and Expenditures

The Finance Committee recommends approval of the minutes from the November 30, 2020 meeting as written.