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Meeting Agenda
I. Call to Order
II. Discussion Items
II.A. Financial Reporting to the Committee
II.B. Update on ISBE Food Service Audit and 2023-24 Lunch Fees
II.C. FY2024 Bill Payment Resolutions
II.D. 2023-2024 Workers' Compensation Insurance Renewal
II.E. FY2024 NSSEO Budget and Resolution - ACTION
II.F. 2023 Summer Worker Hiring Update
II.G. Sale of Student I-Pads
II.H. Honeywell Service Contract - Renewal (7/1/23 - 6/30/24)
III. Old Business
IV. New Business
V. Adjournment
Agenda Item Details Reload Your Meeting
Meeting: May 1, 2023 at 5:15 PM - District 23 Finance Committee Meeting
Subject:
I. Call to Order
Subject:
II. Discussion Items
Subject:
II.A. Financial Reporting to the Committee
Description:
Amy will provide the updated spread of YTD expenditures and revenues for review in the same format as last month and reflective of the requested adjustments to the format.
Subject:
II.B. Update on ISBE Food Service Audit and 2023-24 Lunch Fees
Description:
Amy will provide an update on the completed ISBE Food Service Audit and the necessary adjustment to Student Lunch Fees for the 2023-24 school year.
Attachments:
Subject:
II.C. FY2024 Bill Payment Resolutions
Description:
Annually the Board of Education approves this resolution for the purpose of allowing the Business Office to pay bills weekly, rather than once per month, in an effort to provide ample time for review by the Board and facilitate timely payments by the Business Office.  A rotation of the individual BOE members is scheduled so that there is one BOE member that is responsible for reviewing the voucher for each week of one month and certifying approval of the voucher on behalf of the BOE.  Formal approval is then granted by BOE vote at the annual monthly meeting. 
Attachments:
Subject:
II.D. 2023-2024 Workers' Compensation Insurance Renewal
Description:

As we discussed previously, ICRMT had indicated a renewal in an amount less than 10%, subject to receipt of the District’s estimated payrolls for 2022-2023. However, ICRMT has actually provided a renewal proposal slightly UNDER the expiring premium, even with the projected salary increase. The renewal will be brought to the May Board meeting for approval.

Attachments:
Subject:
II.E. FY2024 NSSEO Budget and Resolution - ACTION
Description:
The FY2024 proposed NSSEO budget was reviewed last month and will be presented to the Board for approval t next month's Board meeting.
Attachments:
Subject:
II.F. 2023 Summer Worker Hiring Update
Description:
Posting for the summer worker position began in March. To date, we have 3 candidates. Summer worker salaries are budgeted annually into the operations and maintenance fund. The quantity of summer workers will be reflective of the already budgeted funds.  
Subject:
II.G. Sale of Student I-Pads
Description:
The Technology Department will again, be offering families the option to purchase their 8th grade 6th Generation i-Pads at a cost of $50 each, (pending confirmation).  This is approximately the cost that the District would receive if we were to recycle them and allows students to retain their devices following graduation.
Subject:
II.H. Honeywell Service Contract - Renewal (7/1/23 - 6/30/24)
Description:
As discussed at past committee meetings, we have asked Honeywell to provide a 1 year service contract so we can be reflective of their service commitments prior to entering into another long-term contract, given our past experience with staffing and service concerns. Their current proposal reflects a 6.5 % increase for the period from July 1, 2023 - June 30, 2024. 
Discussion:
Honeywell Service Agreement - 1 Year Renewal (7/1/23 - 6/30/24)
Attachments:
Subject:
III. Old Business
Subject:
IV. New Business
Subject:
V. Adjournment

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