Projector: May 23, 2024 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 18, 2024

4. INFORMATION/DISCUSSION: FUND BALANCE REPORT

4.a. Fund Balance Report - MARCH 2024

5. OLD BUSINESS

5.a. INFORMATION/DISCUSSION/ACTION: LBSA Waiver Request- FY25 Facilities Rental Fees

6. NEW BUSINESS

6.a. INFORMATION/DISCUSSION: Fiscal Year 2025 Preliminary Budget Assumptions

6.b. INFORMATION/DISCUSSION/ACTION: FY25 Workers’ Compensation Insurance Coverage from IPRF

6.c. INFORMATION/DISCUSSION/ACTION: Resolution to Transfer Funds

6.d. INFORMATION/DISCUSSION/ACTION: FY25 Early Childhood Alliance Contribution

6.e. INFORMATION/DISCUSSION/ACTION: Alternative Learning Opportunities Program

6.f. INFORMATION/DISCUSSION/ACTION: Interactive Display Purchase and Installation

6.g. INFORMATION/DISCUSSION/ACTION: CDWG- Rutledge Hall Charging Carts

6.h. INFORMATION/DISCUSSION/ACTION: 2024-2025 Encyclopedia Britannica Renewal

7. INFORMATION/DISCUSSION: District Purchasing Update(s) - Dr. David L. Russo, Dr. Dominick M. Lupo, Jordan Stephen

7.a. BrainPop for 2024-2025

7.b. Brightly for 2024-2026

7.c. FastBridge Renewal for FY25

7.d. Finalsite for 2024-2025

7.e. Learning A-Z Go for 2024-2025

7.f. Newsela for 2024-2025

7.g. Powerschool SIS for 2024-2025

7.h. Powerschool Enrollment for 2024-2025

7.i. Schoology for 2024-2025

7.j. SeeSaw for 2024-2025

7.k. Writable for 2024-2025

7.l. PLTW for 2024-2025

8. INFORMATION/DISCUSSION: District Finance Update - Courtney Whited, Business Manager/CSBO

8.a. Crossing Guards for the 2024-25 school year

8.b. The May 21, 2024 Facilities Committee agenda included preliminary discussions pertaining to renovations at Todd Hall. The initial estimate is approximately $6.5 million.

9. ADJOURNMENT

Agenda Item

Agenda Item Details Reload Your Meeting
Meeting:	May 23, 2024 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 Maja Kenjar, Community Member Steven Pawlow, Community Member Paul Stellatos, Community Member ADMINISTRATORS/STAFF Dr. David L. Russo, Superintendent of Schools Dr. Dominick M. Lupo, Assistant Superintendent for Curriculum and Instruction Courtney Whited, Business Manager/CSBO Jordan Stephen, Director of Technology
Subject:	2. AUDIENCE TO VISITORS
Subject:	3. APPROVAL OF MINUTES
Subject:	3.a. Finance Committee Meeting Minutes - APRIL 18, 2024
Description: Motion by member:________________ Seconded by:____________________
Attachments: 4_18_24_Finance_Minutes_FINAL.docx 4_18_24_Finance_Minutes_FINAL.docx 5/15/2024 at 9:00 AM
Subject:	4. INFORMATION/DISCUSSION: FUND BALANCE REPORT
Subject:	4.a. Fund Balance Report - MARCH 2024
Attachments: 0_D74 MAR 2024 STATEMENT OF POSITION 0_D74 MAR 2024 STATEMENT OF POSITION 5/14/2024 at 3:39 PM
Subject:	5. OLD BUSINESS
Subject:	5.a. INFORMATION/DISCUSSION/ACTION: LBSA Waiver Request- FY25 Facilities Rental Fees
Attachments: 2_LBSA Request for Waiver of FY25 Rental Fees 2_LBSA Request for Waiver of FY25 Rental Fees 5/15/2024 at 1:50 PM 2a_2024-04-01 LBSA Request for Waived Fees 2a_2024-04-01 LBSA Request for Waived Fees 5/15/2024 at 1:50 PM
Subject:	6. NEW BUSINESS
Subject:	6.a. INFORMATION/DISCUSSION: Fiscal Year 2025 Preliminary Budget Assumptions
Attachments: 1_FY25 Preliminary Budget Assumptions 1_FY25 Preliminary Budget Assumptions 5/16/2024 at 3:04 PM 1a_FY25 Preliminary Budget Assumptions FCM 20240523 1a_FY25 Preliminary Budget Assumptions FCM 20240523 5/16/2024 at 3:05 PM
Subject:	6.b. INFORMATION/DISCUSSION/ACTION: FY25 Workers’ Compensation Insurance Coverage from IPRF
Attachments: 3_IPRF Workers Compensation FY25 3_IPRF Workers Compensation FY25 5/15/2024 at 1:52 PM 3a_IPRF SD74 FY25 Invoice 3a_IPRF SD74 FY25 Invoice 5/15/2024 at 1:52 PM
Subject:	6.c. INFORMATION/DISCUSSION/ACTION: Resolution to Transfer Funds
Attachments: 4_Resolution to Transfer Funds 4_Resolution to Transfer Funds 5/15/2024 at 1:53 PM 4a_2024-06-06- Resolution Transferring Ed ESSER to Capital Projects 4a_2024-06-06- Resolution Transferring Ed ESSER to Capital Projects 5/15/2024 at 1:53 PM
Subject:	6.d. INFORMATION/DISCUSSION/ACTION: FY25 Early Childhood Alliance Contribution
Attachments: 5_FY25 ES_Early Childhood Alliance Financial Contribution 5_FY25 ES_Early Childhood Alliance Financial Contribution 5/15/2024 at 1:54 PM
Subject:	6.e. INFORMATION/DISCUSSION/ACTION: Alternative Learning Opportunities Program
Attachments: 6_Exec Summ Finance_ALOP Program 6_Exec Summ Finance_ALOP Program 5/15/2024 at 1:55 PM 6a_24-25 SA IGA-fillable 6a_24-25 SA IGA-fillable 5/15/2024 at 1:55 PM
Subject:	6.f. INFORMATION/DISCUSSION/ACTION: Interactive Display Purchase and Installation
Attachments: 7_ES_BenQ_2024_RH 7_ES_BenQ_2024_RH 5/16/2024 at 3:06 PM 7a_BenQ Summer Project (MCP Pricing) 7a_BenQ Summer Project (MCP Pricing) 5/16/2024 at 3:06 PM
Subject:	6.g. INFORMATION/DISCUSSION/ACTION: CDWG- Rutledge Hall Charging Carts
Attachments: 8_ES_2024_CDWG_CARTS 8_ES_2024_CDWG_CARTS 5/15/2024 at 1:57 PM 8a_CDWG Quote 8a_CDWG Quote 5/15/2024 at 1:57 PM
Subject:	6.h. INFORMATION/DISCUSSION/ACTION: 2024-2025 Encyclopedia Britannica Renewal
Attachments: 9_ES_Britannica School Subscription_2024 9_ES_Britannica School Subscription_2024 5/15/2024 at 2:01 PM 9a_Britainnica Quote-79360-2024-25_Lincolnwood SD 74_Renewal_v2 9a_Britainnica Quote-79360-2024-25_Lincolnwood SD 74_Renewal_v2 5/15/2024 at 2:01 PM
Subject:	7. INFORMATION/DISCUSSION: District Purchasing Update(s) - Dr. David L. Russo, Dr. Dominick M. Lupo, Jordan Stephen
Attachments: 10_Updated District Purchasing May 2024 10_Updated District Purchasing May 2024 5/15/2024 at 1:45 PM
Subject:	7.a. BrainPop for 2024-2025
Subject:	7.b. Brightly for 2024-2026
Subject:	7.c. FastBridge Renewal for FY25
Subject:	7.d. Finalsite for 2024-2025
Subject:	7.e. Learning A-Z Go for 2024-2025
Subject:	7.f. Newsela for 2024-2025
Subject:	7.g. Powerschool SIS for 2024-2025
Subject:	7.h. Powerschool Enrollment for 2024-2025
Subject:	7.i. Schoology for 2024-2025
Subject:	7.j. SeeSaw for 2024-2025
Subject:	7.k. Writable for 2024-2025
Subject:	7.l. PLTW for 2024-2025
Subject:	8. INFORMATION/DISCUSSION: District Finance Update - Courtney Whited, Business Manager/CSBO
Attachments: 11_Finance Update May 23 2024 11_Finance Update May 23 2024 5/15/2024 at 1:46 PM
Subject:	8.a. Crossing Guards for the 2024-25 school year
Subject:	8.b. The May 21, 2024 Facilities Committee agenda included preliminary discussions pertaining to renovations at Todd Hall. The initial estimate is approximately $6.5 million.
Subject:	9. ADJOURNMENT
Description: Motion by member: _______________ Seconded by: ________________
Dr. David L. Russo, 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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