Projector: October 23, 2025 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 - SEPTEMBER 18, 2025

4. INFORMATION/DISCUSSION: FUND BALANCE REPORT

4.a. Fund Balance Report - AUGUST 2025

5. OLD BUSINESS

5.a. INFORMATION/DISCUSSION/ACTION: Children’s Care & Development Center, Inc. Lease Extension

5.b. INFORMATION/DISCUSSION/ACTION: 2025 Estimated Levy Draft

6. NEW BUSINESS

6.a. INFORMATION/DISCUSSION/ACTION: Pitney Bowes Postage Meter Lease Renewal

6.b. INFORMATION/DISCUSSION/ACTION: Fiscal Years 2026 - 2030 Annual Audit Services

6.c. INFORMATION/DISCUSSION/ACTION: Fiscal Years 2026 - 2030 Annual Actuarial Report Services

6.d. INFORMATION/DISCUSSION/ACTION: PSACG Waiver Request- FY26 Facilities Rental Fees

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

7.a. XtraMath Renewal for 2025-2026

7.b. Signup Genius Platinum Renewal for 2025-2026

7.c. Scholastic BookFlix Renewal for 2025-2026

8. ADJOURNMENT

Agenda Item

Agenda Item Details Reload Your Meeting
Meeting:	October 23, 2025 at 6:30 PM - Finance Committee Meeting
Subject:	1. CALL TO ORDER/ROLL CALL
Description: FINANCE COMMITTEE MEMBERS Jay Oleniczak (BOE), Chair Mihra Seta (BOE), Co-Chair John P. Vranas (BOE) Michael Bartholomew, Community Member Adam Kriticos, Community Member Steven Pawlow, Community Member ADMINISTRATORS/STAFF Dr. David L. Russo, Superintendent of Schools Dr. Dominick M. Lupo, Assistant Superintendent for Curriculum & Instruction Courtney L. 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 - SEPTEMBER 18, 2025
Description: Motion by member:________________ Seconded by:____________________
Attachments: 9_18_25_Finance_Committee_Minutes_FINAL.docx (1) 9_18_25_Finance_Committee_Minutes_FINAL.docx (1) 10/16/2025 at 9:54 AM
Subject:	4. INFORMATION/DISCUSSION: FUND BALANCE REPORT
Subject:	4.a. Fund Balance Report - AUGUST 2025
Attachments: 1_SD74 AUG 2025 STATEMENT OF POSITION 1_SD74 AUG 2025 STATEMENT OF POSITION 10/16/2025 at 9:39 AM
Subject:	5. OLD BUSINESS
Subject:	5.a. INFORMATION/DISCUSSION/ACTION: Children’s Care & Development Center, Inc. Lease Extension
Attachments: 6_ES_CCDC Lease Extension_October Finance 6_ES_CCDC Lease Extension_October Finance 10/16/2025 at 11:19 AM 6a_CCDC Lease Extension 05312027 6a_CCDC Lease Extension 05312027 10/16/2025 at 11:19 AM
Subject:	5.b. INFORMATION/DISCUSSION/ACTION: 2025 Estimated Levy Draft
Attachments: 7_2025 Levy Estimate OCT FiCM 7_2025 Levy Estimate OCT FiCM 10/16/2025 at 3:07 PM 7a_Estimated Levy 2025 OCT FiCM 7a_Estimated Levy 2025 OCT FiCM 10/16/2025 at 3:03 PM 7b_SD74 JUN 2025 FB w Cash 7b_SD74 JUN 2025 FB w Cash 10/16/2025 at 3:03 PM 7c_SD74 AUG 2025 FB w Cash 7c_SD74 AUG 2025 FB w Cash 10/16/2025 at 3:03 PM 7d_Estimated Levy 2025 SD74 Certificate 7d_Estimated Levy 2025 SD74 Certificate 10/16/2025 at 3:03 PM 7e_Estimated 2025 SD74 Tax Levy Resolution and Notice 7e_Estimated 2025 SD74 Tax Levy Resolution and Notice 10/16/2025 at 3:04 PM
Subject:	6. NEW BUSINESS
Subject:	6.a. INFORMATION/DISCUSSION/ACTION: Pitney Bowes Postage Meter Lease Renewal
Attachments: 2_Pitney Bowes Lease Renewal 2_Pitney Bowes Lease Renewal 10/16/2025 at 3:07 PM 2a_PitneyBowes JAN 2025 to DEC 2029 2a_PitneyBowes JAN 2025 to DEC 2029 10/16/2025 at 3:04 PM
Subject:	6.b. INFORMATION/DISCUSSION/ACTION: Fiscal Years 2026 - 2030 Annual Audit Services
Attachments: 3_Auditor Letter of Engagement 2026-2030 3_Auditor Letter of Engagement 2026-2030 10/16/2025 at 3:08 PM 3a_Lincolnwood SD74 - AFR GAGAS - 5yrs_06-2026_06-2030 3a_Lincolnwood SD74 - AFR GAGAS - 5yrs_06-2026_06-2030 10/16/2025 at 3:09 PM 3b_Audit & Actuary Services Summary 3b_Audit & Actuary Services Summary 10/16/2025 at 3:09 PM
Subject:	6.c. INFORMATION/DISCUSSION/ACTION: Fiscal Years 2026 - 2030 Annual Actuarial Report Services
Attachments: 4_Actuary Services Letter of Engagement 2026-2030 4_Actuary Services Letter of Engagement 2026-2030 10/16/2025 at 3:09 PM 4a_Lincolnwood SD #74 - Actuary OPEB - 5yrs_06-2026_06-2030 4a_Lincolnwood SD #74 - Actuary OPEB - 5yrs_06-2026_06-2030 10/16/2025 at 3:09 PM
Subject:	6.d. INFORMATION/DISCUSSION/ACTION: PSACG Waiver Request- FY26 Facilities Rental Fees
Attachments: 5_PSACG Request for Waiver of FY26 Rental Fees 5_PSACG Request for Waiver of FY26 Rental Fees 10/16/2025 at 3:10 PM 5a_Letter to Finance Committee 5a_Letter to Finance Committee 10/16/2025 at 3:10 PM 5b_NonProfit 5b_NonProfit 10/16/2025 at 3:10 PM
Subject:	7. INFORMATION/DISCUSSION: District Purchasing Update(s) - Dr. David L. Russo, Dr. Dominick M. Lupo, Jordan Stephen
Attachments: 8_District Purchasing October 2025 8_District Purchasing October 2025 10/16/2025 at 11:22 AM
Subject:	7.a. XtraMath Renewal for 2025-2026
Subject:	7.b. Signup Genius Platinum Renewal for 2025-2026
Subject:	7.c. Scholastic BookFlix Renewal for 2025-2026
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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