APPROVED 1/14/19

Board of Education Finance Committee (Monday, December 3, 2018)

Generated by Debbie Tressler on Thursday, December 6, 2018

1. Board Finance Committee

A. Call to Order

12:03 p.m.

B. Roll Call

Members Present: Zen Kelly, Debbie Cary, Greg Madden, Jason Tauriainen

C. Approval of Notes

The notes of the Nov. 5, 2018, meeting were approved as printed.

D. October 30, 2018 Presentation Information

Mr. Kelly reviewed the questions and feedback documents in the packet. He expressed appreciation for the compilations.
The committee discussed the feedback and questions. Mr. Tauriainen suggested IDEA home school students be charged a higher fee for participation in district activities. The fees are set by the KPSAA board. Mr. Jones will check to see if a higher fee is legal and allowable.
The committee discussed the comments on pools and theater and sales tax on marijuana. Sales tax on marijuana sales goes towards education funding. This will be clarified during the budget forum presentations in Feb. 2019.
The committee discussed additional allowable funds which were received originally as rent. Charter schools receive additional allowable that does not go towards rent.
The committee discussed transportation as applied to charter schools. The district receives transportation funding for all schools except Connections Home School.
Mr. Tauriainen suggested the district revisit the four-day school week along with a longer school year. Mr. Kelly would like to discuss at a meeting in April or May of 2019.

E. Fund Balance FY12 - FY18

Mr. Jones explained the attached report and stated it will move from draft to final after the Comprehensive Annual Financial Report is acted upon by the board at the evening's meeting. He stated the report indicates that the district has a sustained plan and is responsible in its use of funds.
The committee discussed the report in detail.
Mr. Kelly asked what type of equipment is charged to the district facilities maintenance fund balance. Mr. Jones explained the fund.

F. Projected Enrollment compared to OASIS student count 2018-12-3

Mr. Jones explained the OASIS student enrollment count documents. He stated that it is a unique enrollment year for the district and how it will effect staffing for next year. Thefull board will discuss this subject during a work session later today.

G. Information Requests to Administration

Information regarding a four-day school week to discuss in April or May. Mr. Kelly will talk to Mr. Jones and develop a timeline.

H. Adjourn

12:36 p.m.