Projector: April 21, 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 - March 24, 2022

4. INFORMATION/DISCUSSION: FUND BALANCE REPORT

4.a. Fund Balance Report - FEBRUARY 2022

5. OLD BUSINESS

5.a. INFORMATION/DISCUSSION/ACTION: Workers’ Compensation Insurance Coverage for FY23

6. NEW BUSINESS

6.a. INFORMATION/DISCUSSION: FY22 Amended Budget Process

6.b. INFORMATION/DISCUSSION/ACTION: GSF USA, Inc. Custodial Cleaning Services for 2022-23

6.c. INFORMATION/DISCUSSION/ACTION: Frontline Absence and Substitute Management Software 3-Year Renewal (2022-2025)

6.d. INFORMATION/DISCUSSION/ACTION: Transportation Contract 2022-23 with First Student, Inc.

7. INFORMATION/DISCUSSION: District Finance Update

7.a. INFORMATION/DISCUSSION: Prior Year Levy Adjustment Amount will be Included in the 2021 Property Tax Rate Calculation Formula for Each Eligible Taxing District (Two attachments)

7.b. INFORMATION/DISCUSSION: Residency Inquiries

7.c. INFORMATION/DISCUSSION: Resolution for Fund Transfer Discussion

8. ADJOURNMENT

Agenda Item

Agenda Item Details Reload Your Meeting
Meeting:	April 21, 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 - March 24, 2022
Description: Motion by member:________________ Seconded by:____________________
Attachments: 03_24_22_FINANCE_MEETING_MINUTES_FINAL 03_24_22_FINANCE_MEETING_MINUTES_FINAL 4/14/2022 at 8:54 AM
Subject:	4. INFORMATION/DISCUSSION: FUND BALANCE REPORT
Subject:	4.a. Fund Balance Report - FEBRUARY 2022
Attachments: 1_D74 FEB 2022 STATEMENT OF POSITION 1_D74 FEB 2022 STATEMENT OF POSITION 4/14/2022 at 8:57 AM
Subject:	5. OLD BUSINESS
Subject:	5.a. INFORMATION/DISCUSSION/ACTION: Workers’ Compensation Insurance Coverage for FY23
Attachments: 5_Workers Compensation FY23 5_Workers Compensation FY23 4/15/2022 at 2:04 PM 5a_AF-SD74 NEW BUSINESS_POLICY - 100037937 - A010012568 - PolEff_ 7_1_2022 5a_AF-SD74 NEW BUSINESS_POLICY - 100037937 - A010012568 - PolEff_ 7_1_2022 4/14/2022 at 10:22 AM 5b_Lincolnwood SD 74 2022 Proposal PSG 5b_Lincolnwood SD 74 2022 Proposal PSG 4/14/2022 at 10:22 AM
Subject:	6. NEW BUSINESS
Subject:	6.a. INFORMATION/DISCUSSION: FY22 Amended Budget Process
Attachments: 1_FY22 Amended Budget 1_FY22 Amended Budget 4/15/2022 at 1:25 PM 1a_FY22 Amended Budget 1a_FY22 Amended Budget 4/15/2022 at 1:25 PM
Subject:	6.b. INFORMATION/DISCUSSION/ACTION: GSF USA, Inc. Custodial Cleaning Services for 2022-23
Attachments: 2_GSF Custodial Amendment 2_GSF Custodial Amendment 4/15/2022 at 1:28 PM 2a_GSF SD74 Signed FY23 2a_GSF SD74 Signed FY23 4/15/2022 at 1:28 PM 2b_GSF Original Contract FY20-22 2b_GSF Original Contract FY20-22 4/15/2022 at 1:28 PM 2c_GSF Amendment 1 FY22 2c_GSF Amendment 1 FY22 4/15/2022 at 1:28 PM
Subject:	6.c. INFORMATION/DISCUSSION/ACTION: Frontline Absence and Substitute Management Software 3-Year Renewal (2022-2025)
Attachments: 3_Frontline Absence Management Software 3-Year 3_Frontline Absence Management Software 3-Year 4/14/2022 at 10:25 AM 3a_Frontline v072721-Q-101270- FL signed 3a_Frontline v072721-Q-101270- FL signed 4/14/2022 at 10:41 AM
Subject:	6.d. INFORMATION/DISCUSSION/ACTION: Transportation Contract 2022-23 with First Student, Inc.
Attachments: 4_Transportation FY23 4_Transportation FY23 4/14/2022 at 10:25 AM 4_first student-whole 4_first student-whole 4/14/2022 at 12:25 PM
Subject:	7. INFORMATION/DISCUSSION: District Finance Update
Attachments: 99_Finance Update 99_Finance Update 4/15/2022 at 1:34 PM
Subject:	7.a. INFORMATION/DISCUSSION: Prior Year Levy Adjustment Amount will be Included in the 2021 Property Tax Rate Calculation Formula for Each Eligible Taxing District (Two attachments)
Attachments: 99a_Taxing District Letter re Levy Adjustment PA 102-0519 UPDATED 99a_Taxing District Letter re Levy Adjustment PA 102-0519 UPDATED 4/14/2022 at 10:28 AM 99b_Levy Adjustment 2021 for PA 102-0519 UPDATED 99b_Levy Adjustment 2021 for PA 102-0519 UPDATED 4/14/2022 at 10:28 AM
Subject:	7.b. INFORMATION/DISCUSSION: Residency Inquiries
Subject:	7.c. INFORMATION/DISCUSSION: Resolution for Fund Transfer Discussion
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.

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