Cary School District 26 Board of Education Finance Committee met Oct. 19.
Here is the minutes provided by the board:
1. Organization
Procedural: 1.1 Call to Order
Meeting was called to order by Ron Demkowicz at 7:00 p.m.
Procedural: 1.2 Roll Call
Members Present: Ron Demkowicz, Jason Janczak
Members Absent: Robert Bridge
Other Members Present: Julie Jette
2. Approval of Previous Meeting Minutes
Action (Consent), Minutes: 2.1 Approval of the September 21, 2020 Finance Committee Meeting
Recommended Action: Recommend motion to approve the minutes as attached.
The minutes from the September 21, 2020, Finance Committee were approved as presented.
3. Discussion
Discussion: 3.1 Review of Bills
MeriAnn Besonen presented this month's bills to the committee and answered questions by the Board.
Committee and Board agreed to present this in Section 7 at the October 26, 2020, Regular Board of Education Meeting.
Discussion: 3.2 Treasurer's Report
MeriAnn Besonen reported Year to Date Operating Funds Revenue included: 95% Local, 3% EBF, 1% State, and 2% Federal. Year to Date Expenditures included: 67% Salaries and Benefit, 19% Purchased Services, 6% Supplies and Materials, 4% Capital Outlay, 2% Bond and Interests, 2% Tuition and other. Committee and Board agreed to present the Treasurer’s Report in Section 7 at the October 26, 2020, Regular Board of Education Meeting.
Discussion: 3.3 2020 Tax Levy Projections
MeriAnn Besonen presented the 2020 Tax Levy Projections to the committee and answered questions by the Board Members.
Committee and Board agreed to present this in Section 9 at the October 26, 2020 Regular Board of Education Meeting.
4. Informational Items
Information: 4.1 Set Next Meeting Agenda
- Approval of Minutes
- Review of Bills
- Treasurer's Report
None
6. Adjournment
Ron Demkowicz adjourned the meeting at 7:35 p.m.
https://go.boarddocs.com/il/cary26/Board.nsf/Public#
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