McHenry Times

Cary School District 26 Board of Education Finance Committee Met Dec. 7.

Here is the minutes provided by the committee:

1. Organization

Procedural: 1.1 Call to Order

Meeting was called to order by Robert Bridge at 7:00 p.m.

Procedural: 1.2 Roll Call

Committee Member Present: Robert Bridge, Jason Janczak

Other Board Members Present: Julie Jette, Kathryn Potter, Dee Darling, Mindy Hartman

Committee Members Absent: Ron Demkowicz

2. Approval of Previous Meeting Minutes

Action (Consent), Minutes: 2.1 Approval of the November 9, 2020 Finance Committee Meeting.

Recommended Action: Recommend motion to approve the minutes as attached.

The minutes from the November 9, 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 December 14, 2020 Regular Board of Education Meeting.

Discussion: 3.2 Treasurer's Report

MeriAnn Besonen reported Year to Date Operating Funds Revenue included: 91% Local, 5% EBF, 1% State, and 3% Federal. Year to Date Expenditures included: 72% Salaries and Benefit, 16% Purchased Services, 5% Supplies and Materials, 3% Capital Outlay, 1% Bond and Interests, 2% Tuition and other. Committee and Board agreed to present the Treasurer’s Report in Section 7 at the December 14, 2020 Regular Board of Education Meeting.

Discussion: 3.3 Capital Project Funding

MeriAnn Besonen presented a Powerpoint presentation of the Capital Project Funding and answered questions from Board members.

Committee and Board agreed to present this is Section 8 at the December 14, 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

5. Public Comment

None

6. Adjournment

Meeting was adjounrned by Robert Bridge at 7:35 p.m.

https://go.boarddocs.com/il/cary26/Board.nsf/Public#