Projector: January 20, 2022 at 6:30 PM - Finance Committee Meeting

Meeting Agenda

1. CALL TO ORDER/ROLL CALL

2. AUDIENCE TO VISITORS

3. APPROVAL OF MINUTES

3.a. Finance Committee Meeting Minutes - NOVEMBER 18, 2021

4. INFORMATION/DISCUSSION: FUND BALANCE REPORT

4.a. Fund Balance Report - NOVEMBER 2021

5. OLD BUSINESS

6. NEW BUSINESS

6.a. INFORMATION/DISCUSSION/ACTION: 2022-23 School Fees

6.b. INFORMATION/DISCUSSION: Public Act 102-0519 2021 Prior Year Levy Adjustment

6.c. INFORMATION/DISCUSSION/ACTION: Post-Issuance Tax Compliance Reports

6.d. INFORMATION/DISCUSSION/ACTION: Supplemental Savings Plan (SSP) from IL Teachers’ Retirement System (TRS)

6.e. INFORMATION/DISCUSSION: Property/Casualty Insurance Alternatives to Collective Liability Insurance Cooperative (CLIC) and Workers’ Compensation Alternatives to Illinois Public Risk Fund (IPRF)

6.f. INFORMATION/DISCUSSION/ACTION: Varsity Tutors for Schools, LLC

6.g. INFORMATION/DISCUSSION/ACTION: 2022-2023 Encyclopedia Britannica Renewal

6.h. INFORMATION/DISCUSSION/ACTION: 2022-2023 PebbleGo by Capstone Renewal

6.i. INFORMATION/DISCUSSION/ACTION: 2022-2023 PowerSchool Group, LLC Renewal Contracts for Registration and SIS Maintenance and Support

6.j. INFORMATION/DISCUSSION/ACTION: Raptor Technologies, LLC Subscription Renewal Agreement

6.k. INFORMATION/DISCUSSION/ACTION: 2022-23 Swiftreach Networks, LLC Agreement for SwiftK12 for PowerSchool – Unlimited Messaging

6.l. INFORMATION/DISCUSSION/ACTION: Learning A-Z / Vocabulary A-Z Renewal and Alignment

6.m. INFORMATION/DISCUSSION/ACTION: Flocabulary by Nearpod Inc. Renewal for the 2021-2022 School Year

7. INFORMATION/DISCUSSION: District Finance Updates

7.a. NEID TIF Surplus Progress

7.b. School Maintenance Project Grant v. 2022

7.c. Tax Objections 2011-2014

7.d. U.S. Department of Labor released the CPI-U for 2021- it is 7.0%

8. ADJOURNMENT

Agenda Item

Agenda Item Details Reload Your Meeting
Meeting:	January 20, 2022 at 6:30 PM - Finance Committee Meeting
Subject:	1. CALL TO ORDER/ROLL CALL
Description: FINANCE COMMITTEE MEMBERS Peter D. Theodore (BOE), Chair Jay Oleniczak (BOE), Co-chair John P. Vranas (BOE) Michael Bartholomew, Community Member Reuben George, Community Member Maja Kenjar, Community Member Steven Pawlow, Community Member ADMINISTRATORS/STAFF Dr. Kimberly A. Nasshan, Superintendent of Schools Dr. David L. Russo, Assistant Superintendent of Curriculum and Instruction Courtney Whited, Business Manager/CSBO
Subject:	2. AUDIENCE TO VISITORS
Subject:	3. APPROVAL OF MINUTES
Subject:	3.a. Finance Committee Meeting Minutes - NOVEMBER 18, 2021
Description: Motion by member:________________ Seconded by:____________________
Attachments: 11_18_21_Finance_Minutes_FINAL 11_18_21_Finance_Minutes_FINAL 1/6/2022 at 2:40 PM
Subject:	4. INFORMATION/DISCUSSION: FUND BALANCE REPORT
Subject:	4.a. Fund Balance Report - NOVEMBER 2021
Attachments: 1_D74 NOV 2021 STATEMENT OF POSITION 1_D74 NOV 2021 STATEMENT OF POSITION 1/12/2022 at 11:55 AM
Subject:	5. OLD BUSINESS
Subject:	6. NEW BUSINESS
Subject:	6.a. INFORMATION/DISCUSSION/ACTION: 2022-23 School Fees
Attachments: 2_2022-23 School Fees Draft 2_2022-23 School Fees Draft 1/12/2022 at 11:59 AM 2a_Fees 2022-23 2a_Fees 2022-23 1/12/2022 at 11:59 AM
Subject:	6.b. INFORMATION/DISCUSSION: Public Act 102-0519 2021 Prior Year Levy Adjustment
Attachments: 3_PA 102-0519 Levy Adjustment 3_PA 102-0519 Levy Adjustment 1/12/2022 at 12:00 PM 3a_Taxing District Letter re Levy Adjustment PA 102-0519 3a_Taxing District Letter re Levy Adjustment PA 102-0519 1/12/2022 at 12:00 PM 3b_PA102-0519 Winter 2021-22 3b_PA102-0519 Winter 2021-22 1/12/2022 at 12:00 PM
Subject:	6.c. INFORMATION/DISCUSSION/ACTION: Post-Issuance Tax Compliance Reports
Attachments: 4_Post-Issuance Tax Compliance 4_Post-Issuance Tax Compliance 1/12/2022 at 12:01 PM 4a_PITC2015_FY22 4a_PITC2015_FY22 1/12/2022 at 12:02 PM 4b_PITC2016_FY22 4b_PITC2016_FY22 1/12/2022 at 12:02 PM 4c_PITC2018_FY22 4c_PITC2018_FY22 1/12/2022 at 12:02 PM 4d_PITC2021_FY22 4d_PITC2021_FY22 1/12/2022 at 12:02 PM
Subject:	6.d. INFORMATION/DISCUSSION/ACTION: Supplemental Savings Plan (SSP) from IL Teachers’ Retirement System (TRS)
Attachments: 5_TRS SSP Participation 5_TRS SSP Participation 1/12/2022 at 12:03 PM 5a_Resolution re TRS Supp Savings Plan (2022-02-03 approval) 5a_Resolution re TRS Supp Savings Plan (2022-02-03 approval) 1/12/2022 at 12:03 PM 5b_SD74 TRS SSP Participation Agreement Form 5b_SD74 TRS SSP Participation Agreement Form 1/12/2022 at 12:03 PM
Subject:	6.e. INFORMATION/DISCUSSION: Property/Casualty Insurance Alternatives to Collective Liability Insurance Cooperative (CLIC) and Workers’ Compensation Alternatives to Illinois Public Risk Fund (IPRF)
Attachments: 6_PC and WC Alternatives 6_PC and WC Alternatives 1/12/2022 at 12:04 PM 6a_Assured Partners SD74 Premium Indication 6a_Assured Partners SD74 Premium Indication 1/13/2022 at 9:16 AM
Subject:	6.f. INFORMATION/DISCUSSION/ACTION: Varsity Tutors for Schools, LLC
Attachments: 7_ES Varsity Tutors 7_ES Varsity Tutors 1/12/2022 at 12:05 PM 7a_Lincolnwood_SD74_2021_Amendment_final_chris.swenson_varsitytutors.com 7a_Lincolnwood_SD74_2021_Amendment_final_chris.swenson_varsitytutors.com 1/12/2022 at 12:05 PM 7b_VT4S_Lincolnwood_-_Order_Form_and_Terms-chris.swenson_varsitytutors.com 7b_VT4S_Lincolnwood_-_Order_Form_and_Terms-chris.swenson_varsitytutors.com 1/12/2022 at 12:05 PM
Subject:	6.g. INFORMATION/DISCUSSION/ACTION: 2022-2023 Encyclopedia Britannica Renewal
Attachments: 8_ES_Britannica School Subscription 8_ES_Britannica School Subscription 1/12/2022 at 12:06 PM 8a_Terms Of Use - Encyclopædia Britannica, Inc. Corporate Site 8a_Terms Of Use - Encyclopædia Britannica, Inc. Corporate Site 1/12/2022 at 12:06 PM 8b_Britannica Formal Quote 2223 8b_Britannica Formal Quote 2223 1/13/2022 at 8:32 AM
Subject:	6.h. INFORMATION/DISCUSSION/ACTION: 2022-2023 PebbleGo by Capstone Renewal
Attachments: 9_ES_PebbleGo 9_ES_PebbleGo 1/12/2022 at 12:09 PM 9a_Pebble Go Terms of Use by Capstone 9a_Pebble Go Terms of Use by Capstone 1/12/2022 at 12:10 PM 9c_Pebble Go IL Q-10341 Todd Hall Elementary School 12.8.21 9c_Pebble Go IL Q-10341 Todd Hall Elementary School 12.8.21 1/12/2022 at 12:10 PM
Subject:	6.i. INFORMATION/DISCUSSION/ACTION: 2022-2023 PowerSchool Group, LLC Renewal Contracts for Registration and SIS Maintenance and Support
Attachments: 10_ES_Powerschool.docx 10_ES_Powerschool.docx 1/13/2022 at 8:36 AM 10a_PowersSchool MSA 1.1.2021 without signature block 10a_PowersSchool MSA 1.1.2021 without signature block 1/12/2022 at 12:12 PM 10b_Powerschool Q-497399 10b_Powerschool Q-497399 1/12/2022 at 12:12 PM 10c_Powerschool Q-502098 10c_Powerschool Q-502098 1/12/2022 at 12:12 PM
Subject:	6.j. INFORMATION/DISCUSSION/ACTION: Raptor Technologies, LLC Subscription Renewal Agreement
Attachments: 11_ES_Raptor 11_ES_Raptor 1/12/2022 at 12:13 PM 11a_Raptor Terms Of Use 11a_Raptor Terms Of Use 1/12/2022 at 12:13 PM 11b_Raptor SalesOrd_456860 11b_Raptor SalesOrd_456860 1/12/2022 at 12:13 PM
Subject:	6.k. INFORMATION/DISCUSSION/ACTION: 2022-23 Swiftreach Networks, LLC Agreement for SwiftK12 for PowerSchool – Unlimited Messaging
Attachments: 12_SwiftK12 21-22 Exec Summ 12_SwiftK12 21-22 Exec Summ 1/12/2022 at 12:14 PM 12a_SwiftK12 Amendment Lincolnwood SD74 - 2022 (final clean) (003) 12a_SwiftK12 Amendment Lincolnwood SD74 - 2022 (final clean) (003) 1/12/2022 at 12:14 PM 12b_SwiftK12 Lincolnwood School District 74 - Renewal 2022 12b_SwiftK12 Lincolnwood School District 74 - Renewal 2022 1/12/2022 at 12:14 PM
Subject:	6.l. INFORMATION/DISCUSSION/ACTION: Learning A-Z / Vocabulary A-Z Renewal and Alignment
Attachments: 13_ES_Learning A-Z.docx 13_ES_Learning A-Z.docx 1/13/2022 at 8:38 AM 13a_Learning A-Z Terms of Service 13a_Learning A-Z Terms of Service 1/12/2022 at 12:16 PM 13b_Learning A-Z_Vocab Quote 13b_Learning A-Z_Vocab Quote 1/12/2022 at 12:16 PM 13c_Lincolnwood SD74 - Learning AZ - Amendment 2021 (CLEAN)_LAZ Signed 13c_Lincolnwood SD74 - Learning AZ - Amendment 2021 (CLEAN)_LAZ Signed 1/12/2022 at 12:16 PM
Subject:	6.m. INFORMATION/DISCUSSION/ACTION: Flocabulary by Nearpod Inc. Renewal for the 2021-2022 School Year
Attachments: 14_ES_Flocabulary Finance Template.docx 14_ES_Flocabulary Finance Template.docx 1/13/2022 at 8:41 AM 14a_Lincolnwood SD74 - Nearpod Flocabulary amendment 2021 - Jacqueline Shapiro 14a_Lincolnwood SD74 - Nearpod Flocabulary amendment 2021 - Jacqueline Shapiro 1/12/2022 at 12:17 PM 14b_Sales Order-Flocab - Rutledge Hall Elem School_ 2021-2022 _ 9_29_2021 14b_Sales Order-Flocab - Rutledge Hall Elem School_ 2021-2022 _ 9_29_2021 1/12/2022 at 12:17 PM
Subject:	7. INFORMATION/DISCUSSION: District Finance Updates
Attachments: 15_Finance Update 01_20_2022 (1) 15_Finance Update 01_20_2022 (1) 1/13/2022 at 2:55 PM
Subject:	7.a. NEID TIF Surplus Progress
Subject:	7.b. School Maintenance Project Grant v. 2022
Subject:	7.c. Tax Objections 2011-2014
Subject:	7.d. U.S. Department of Labor released the CPI-U for 2021- it is 7.0%
Subject:	8. ADJOURNMENT
Description: Motion by member: ________________ Seconded by: ___________________
Dr. Kimberly A. Nasshan, Superintendent of Schools Lincolnwood School District 74 is subject to the requirements of the Americans with Disabilities Act of 1990. Individuals with disabilities who plan to attend this meeting and who require certain accommodations in order to allow them to observe and/or participate in this meeting, or who have questions regarding the accessibility of this meeting or facility, are requested to contact the District Office at 847-675-8234 promptly to allow Lincolnwood School District 74 to make reasonable accommodations for those persons.

Web Viewer