Projector: July 18, 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 - MARCH 21, 2024

3.b. Finance Committee Meeting Minutes - APRIL 18, 2024

3.c. Finance Committee Meeting Minutes - MAY 23, 2024

3.d. Finance Committee Meeting Minutes - JUNE 13, 2024

4. INFORMATION/DISCUSSION: FUND BALANCE REPORT

4.a. Fund Balance Report - MAY 2024

5. OLD BUSINESS

6. NEW BUSINESS

6.a. INFORMATION/DISCUSSION: SD74 Debt Review with Tammie Beckwith Schallmo, PMA Financial Network, LLC - Senior Vice President, Managing Director

6.b. INFORMATION/DISCUSSION/ACTION: Tentative Budget for Fiscal Year 2025

6.c. INFORMATION/DISCUSSION/ACTION: SuperEval Subscription Proposal for 2024-2025 School Year

6.d. INFORMATION/DISCUSSION/ACTION: Intergovernmental Agreement (IGA) Amendment Between the Village of Lincolnwood and Lincolnwood School District 74 Relevant to Crossing Guard Services with a Separate Traffic IGA

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

7.a. Chandani & Burns, LLC. (Attachment)

8. ADJOURNMENT

Agenda Item

Agenda Item Details Reload Your Meeting
Meeting:	July 18, 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 - MARCH 21, 2024
Description: Motion by member:______________ Seconded by:__________________
Attachments: 3_21_24_Finance_Committee_Minutes_FINAL 3_21_24_Finance_Committee_Minutes_FINAL 4/11/2024 at 11:44 AM
Subject:	3.b. 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:	3.c. Finance Committee Meeting Minutes - MAY 23, 2024
Description: Motion by member:______________ Seconded by:__________________
Attachments: 5_23_24_Finance_Minutes_FINAL 5_23_24_Finance_Minutes_FINAL 5/29/2024 at 12:09 PM
Subject:	3.d. Finance Committee Meeting Minutes - JUNE 13, 2024
Description: Motion by member:________________ Seconded by:____________________
Attachments: 6_13_24_Finance_Minutes_FINAL 6_13_24_Finance_Minutes_FINAL 7/10/2024 at 10:24 AM
Subject:	4. INFORMATION/DISCUSSION: FUND BALANCE REPORT
Subject:	4.a. Fund Balance Report - MAY 2024
Attachments: 0_D74 MAY 2024 STATEMENT OF POSITION 0_D74 MAY 2024 STATEMENT OF POSITION 7/10/2024 at 3:40 PM
Subject:	5. OLD BUSINESS
Subject:	6. NEW BUSINESS
Subject:	6.a. INFORMATION/DISCUSSION: SD74 Debt Review with Tammie Beckwith Schallmo, PMA Financial Network, LLC - Senior Vice President, Managing Director
Attachments: 1_SD74 Debt Review PMA Financial 1_SD74 Debt Review PMA Financial 7/10/2024 at 3:40 PM 1a_PMA Lincolnwood SD74 071824 1a_PMA Lincolnwood SD74 071824 7/10/2024 at 3:41 PM
Subject:	6.b. INFORMATION/DISCUSSION/ACTION: Tentative Budget for Fiscal Year 2025
Attachments: 2_FY25 Tentative Budget 2_FY25 Tentative Budget 7/10/2024 at 3:43 PM 2a_FY25 Tentative Budget July 2024 FiCM 2a_FY25 Tentative Budget July 2024 FiCM 7/10/2024 at 3:43 PM 2b_SD74 FY25 Tentative Budget ISBE 50-36 FiCM071824 2b_SD74 FY25 Tentative Budget ISBE 50-36 FiCM071824 7/10/2024 at 3:43 PM 2c_Notice of Budget Hearing and Availability - Lincolnwood SD74 - FY2025 2c_Notice of Budget Hearing and Availability - Lincolnwood SD74 - FY2025 7/10/2024 at 3:43 PM
Subject:	6.c. INFORMATION/DISCUSSION/ACTION: SuperEval Subscription Proposal for 2024-2025 School Year
Attachments: 3_SuperEval 3_SuperEval 7/10/2024 at 1:08 PM 3a_Lincolnwood SD 74 IL SuperEval 24-25 3a_Lincolnwood SD 74 IL SuperEval 24-25 7/10/2024 at 1:09 PM Lincolnwood SD74 - SuperEval - Amendment 2024_GOOD_FINAL Lincolnwood SD74 - SuperEval - Amendment 2024_GOOD_FINAL 7/15/2024 at 8:55 AM 3d_Terms of Service - SuperEval 3d_Terms of Service - SuperEval 7/10/2024 at 1:09 PM
Subject:	6.d. INFORMATION/DISCUSSION/ACTION: Intergovernmental Agreement (IGA) Amendment Between the Village of Lincolnwood and Lincolnwood School District 74 Relevant to Crossing Guard Services with a Separate Traffic IGA
Attachments: 4_Village IGA Amendments 4_Village IGA Amendments 7/10/2024 at 3:44 PM
Subject:	7. INFORMATION/DISCUSSION: District Finance Update - Courtney Whited, Business Manager/CSBO
Attachments: 5_Finance Update JUL 18 2024 5_Finance Update JUL 18 2024 7/10/2024 at 3:44 PM
Subject:	7.a. Chandani & Burns, LLC. (Attachment)
Attachments: Chandani_Burns_2024 Chandani_Burns_2024 7/16/2024 at 11:17 AM
Subject:	8. 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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