Projector: May 19, 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 - APRIL 21, 2022

4. INFORMATION/DISCUSSION: FUND BALANCE REPORT

4.a. Fund Balance Report - MARCH 2022

5. OLD BUSINESS

5.a. INFORMATION/DISCUSSION/ACTION: Resolution Authorizing the Transfer of Interest Income

6. NEW BUSINESS

6.a. INFORMATION/DISCUSSION: FY23 Preliminary Budget Assumptions

6.b. INFORMATION/DISCUSSION/ACTION: Tracers Subscription 22-23

6.c. INFORMATION/DISCUSSION/ACTION: Newsela Essentials Renewal 2022-2023

6.d. INFORMATION/DISSCUSSION/ACTION: 22-23 Renewal Neptune Navigate for Schools/Educate – Level 2 Subscription

6.e. INFORMATION/DISCUSSION/ACTION: 2022-2023 Annual Renewal of Achieve3000 License at Lincoln Hall (Formerly Actively Learn)

6.f. INFORMATION/DISCUSSION/ACTION: Discovery Education, Inc. K-8 Streaming License for 2022-2023

6.g. INFORMATION/DISCUSSION/ACTION: Renewal of Jamf Software LLC Contract for the 2022-23 School Year

6.h. INFORMATION/DISCUSSION/ACTION: Renewal of Schoology Learning Management System Subscription for the 2022-2023 School Year

6.i. INFORMATION/DISCUSSION/ACTION: Renewal of Seesaw Learning, Inc for Schools for Todd Hall for 2022-2023

7. INFORMATION/DISCUSSION: District Finance Update

7.a. Natural Gas Contract Ending June 30, 2022

7.b. Amended FY22 Budget

7.c. Tax Rate Litigation in Progress from May 14, 2021

8. ADJOURNMENT

Agenda Item

Agenda Item Details Reload Your Meeting
Meeting:	May 19, 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 - APRIL 21, 2022
Description: Motion by member:______________ Seconded by:__________________
Attachments: 4_21_22_Finance_Committee_Meeting_Minutes_FINAL 4_21_22_Finance_Committee_Meeting_Minutes_FINAL 5/11/2022 at 10:14 AM
Subject:	4. INFORMATION/DISCUSSION: FUND BALANCE REPORT
Subject:	4.a. Fund Balance Report - MARCH 2022
Attachments: 0_D74 MAR 2022 STATEMENT OF POSITION 0_D74 MAR 2022 STATEMENT OF POSITION 5/11/2022 at 10:15 AM
Subject:	5. OLD BUSINESS
Subject:	5.a. INFORMATION/DISCUSSION/ACTION: Resolution Authorizing the Transfer of Interest Income
Attachments: 2_Resolution Ed Fund Interest Transfer to Tort Fund 2_Resolution Ed Fund Interest Transfer to Tort Fund 5/11/2022 at 10:19 AM 2a_2022-06-01-Resolution Transfer 65k Ed Interest to Tort 2a_2022-06-01-Resolution Transfer 65k Ed Interest to Tort 5/11/2022 at 10:19 AM
Subject:	6. NEW BUSINESS
Subject:	6.a. INFORMATION/DISCUSSION: FY23 Preliminary Budget Assumptions
Attachments: 1_FY23 Preliminary Budget Assumptions 1_FY23 Preliminary Budget Assumptions 5/11/2022 at 10:18 AM 1a_FY23 Preliminary Budget Assumptions FCM 20220519 (1) 1a_FY23 Preliminary Budget Assumptions FCM 20220519 (1) 5/11/2022 at 10:18 AM
Subject:	6.b. INFORMATION/DISCUSSION/ACTION: Tracers Subscription 22-23
Attachments: 3_ES_Tracers 22-23 3_ES_Tracers 22-23 5/11/2022 at 10:21 AM 3a_Tracers Quote 3a_Tracers Quote 5/11/2022 at 10:21 AM 3b_Tracers DocuSign 3b_Tracers DocuSign 5/11/2022 at 10:21 AM
Subject:	6.c. INFORMATION/DISCUSSION/ACTION: Newsela Essentials Renewal 2022-2023
Attachments: Exec Summ Finance Committee Newsela Essentials 22-23 Exec Summ Finance Committee Newsela Essentials 22-23 5/13/2022 at 9:23 AM Newsela Renewal Proposal 22-23 Newsela Renewal Proposal 22-23 5/13/2022 at 9:23 AM
Subject:	6.d. INFORMATION/DISSCUSSION/ACTION: 22-23 Renewal Neptune Navigate for Schools/Educate – Level 2 Subscription
Attachments: 4_ES_ Neptune Navigate 22-23 4_ES_ Neptune Navigate 22-23 5/11/2022 at 10:22 AM 4a_Executed 21-22 Documents (For 22-23) (1) 4a_Executed 21-22 Documents (For 22-23) (1) 5/13/2022 at 12:08 PM 4b_Lincolnwood School District 74 Final Quote 4b_Lincolnwood School District 74 Final Quote 5/11/2022 at 10:23 AM 4c_CMC Neptune W9 2022 4c_CMC Neptune W9 2022 5/11/2022 at 10:23 AM
Subject:	6.e. INFORMATION/DISCUSSION/ACTION: 2022-2023 Annual Renewal of Achieve3000 License at Lincoln Hall (Formerly Actively Learn)
Attachments: 5_ES_Achieve3000_2022 5_ES_Achieve3000_2022 5/11/2022 at 10:26 AM 5a_Achieve3000_Terms of Service 5a_Achieve3000_Terms of Service 5/11/2022 at 10:26 AM 5b_Achieve3000_Quote _Signed - 2022 Lincolnwood Quote III 5b_Achieve3000_Quote _Signed - 2022 Lincolnwood Quote III 5/11/2022 at 10:26 AM
Subject:	6.f. INFORMATION/DISCUSSION/ACTION: Discovery Education, Inc. K-8 Streaming License for 2022-2023
Attachments: 6_ES_Discovery ED_2022 6_ES_Discovery ED_2022 5/11/2022 at 10:27 AM 6a_DE-Subscription-Terms-of-Use-012422 6a_DE-Subscription-Terms-of-Use-012422 5/11/2022 at 10:27 AM 6b_Discovery-Education-Subscriber-Terms-and-Conditions-11-18-2021 (1) 6b_Discovery-Education-Subscriber-Terms-and-Conditions-11-18-2021 (1) 5/11/2022 at 10:27 AM 6c_DiscoveryED_PRESIGNED IL_LINCOLNWOOD_SCHOOL_DISTRICT_74_2022_2023_Q-326134 6c_DiscoveryED_PRESIGNED IL_LINCOLNWOOD_SCHOOL_DISTRICT_74_2022_2023_Q-326134 5/11/2022 at 10:27 AM
Subject:	6.g. INFORMATION/DISCUSSION/ACTION: Renewal of Jamf Software LLC Contract for the 2022-23 School Year
Attachments: 7_ES_ Jamf_2022.docx 7_ES_ Jamf_2022.docx 5/13/2022 at 11:42 AM 7a_JAMF Terms and Conditions 7a_JAMF Terms and Conditions 5/11/2022 at 10:28 AM 7b_SLASA - Jamf Software 7b_SLASA - Jamf Software 5/11/2022 at 10:28 AM 7c_Quote-482675-20220318-1221 7c_Quote-482675-20220318-1221 5/11/2022 at 10:28 AM
Subject:	6.h. INFORMATION/DISCUSSION/ACTION: Renewal of Schoology Learning Management System Subscription for the 2022-2023 School Year
Attachments: 8_ES_ Schoology_2022.docx 8_ES_ Schoology_2022.docx 5/13/2022 at 12:13 PM 8a_Schoology_PowerSchool MSA_FINAL (02-14-2022) 8a_Schoology_PowerSchool MSA_FINAL (02-14-2022) 5/13/2022 at 12:14 PM 8b_Schoology_Quote - Signed - Lincolnwood School District 74 8b_Schoology_Quote - Signed - Lincolnwood School District 74 5/11/2022 at 10:29 AM
Subject:	6.i. INFORMATION/DISCUSSION/ACTION: Renewal of Seesaw Learning, Inc for Schools for Todd Hall for 2022-2023
Attachments: 9_ES_Seesaw_2022 9_ES_Seesaw_2022 5/11/2022 at 10:31 AM 9a_Addendum_Seesaw_Lincolnwood_ 9a_Addendum_Seesaw_Lincolnwood_ 5/11/2022 at 10:31 AM 9b_SeeSaw_Quote - Todd Hall Elementary School - Renewal 9b_SeeSaw_Quote - Todd Hall Elementary School - Renewal 5/11/2022 at 10:31 AM
Subject:	7. INFORMATION/DISCUSSION: District Finance Update
Attachments: 99_Finance Update 5_19_22 99_Finance Update 5_19_22 5/13/2022 at 11:36 AM
Subject:	7.a. Natural Gas Contract Ending June 30, 2022
Subject:	7.b. Amended FY22 Budget
Subject:	7.c. Tax Rate Litigation in Progress from May 14, 2021
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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