Meeting Agenda
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I. Call to Order
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II. Discussion Items
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II.A. Facilities & Financial Planning Discussion
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II.B. Technology Plan - Proposals for FY2026 Projects
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II.C. Recommendation for Award of Food Service RFP
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II.D. 2025-26 Student Lunch Fees
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II.E. Workers Compensation Insurance Renewal
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II.F. Financial Reporting to the Committee
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II.F.1. Review of Budgetary Variances
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II.F.2. Update on State of Illinois DCEO Grant
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II.F.3. Discussion of Prior Year Property Tax Rebates
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II.F.4. Update on HB 2986
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III. Adjournment
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Agenda Item Details
Reload Your Meeting
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Meeting: | June 2, 2025 at 6:00 PM - District 23 Finance Committee Meeting | |
Subject: |
I. Call to Order
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Subject: |
II. Discussion Items
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Subject: |
II.A. Facilities & Financial Planning Discussion
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Description:
Liz Hennessy will again be joining us to share some additional refinancing options with varying terms of repayment and options for additional debt capacity.
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Attachments:
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Subject: |
II.B. Technology Plan - Proposals for FY2026 Projects
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Description:
As shared in the May Committee meeting, the remaining proposals for FY26 budgeted technology needs are attached for Committee review. Board action is anticipated at the June meeting.
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Attachments:
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Subject: |
II.C. Recommendation for Award of Food Service RFP
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Description:
The administration's recommendation for the award of the Food Service Management RFP has been included for Committee review. Following Board approval, the final paperwork will be submitted to ISBE.
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Attachments:
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Subject: |
II.D. 2025-26 Student Lunch Fees
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Description:
Following approval of the new Food Service Management agreement, the Administration will be asking the Board to take action on the award of the 2025-26 student lunch fees as proposed in the attached summary.
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Attachments:
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Subject: |
II.E. Workers Compensation Insurance Renewal
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Description:
At the June BOE meeting, the Administration will be making a recommendation to accept the renewal for Workers' Compensation Insurance Coverage with the School Employees Loff Fund (SELF) for the 2025-26 school year.
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Attachments:
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Subject: |
II.F. Financial Reporting to the Committee
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Description:
Amy will discuss the monthly report of revenues and expenditures.
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Attachments:
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Subject: |
II.F.1. Review of Budgetary Variances
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Description:
Amy will provide an updated report on FY25 budgetary variances at the meeting on Monday evening.
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Subject: |
II.F.2. Update on State of Illinois DCEO Grant
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Subject: |
II.F.3. Discussion of Prior Year Property Tax Rebates
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Subject: |
II.F.4. Update on HB 2986
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Description:
New potential legislation extends the timeline for school districts to complete their audits and Annual Financial Reports no later than February 15 following the end of each fiscal year and makes other changes with regard to withholding funds for non-compliance.
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Subject: |
III. Adjournment
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