UNAPPROVED

Board of Education Finance Committee (Monday, May 6, 2019)

Generated by Debbie Tressler on Tuesday, May 7, 2019

1. Board Finance Committee

A. Call to Order

1:07 p.m.
B. Roll Call
Committee Members Present: Zen Kelly, Debbie Cary, Greg Madden, Jason Tauriainen

C. Approval of Notes

The notes from the April 17, 2019, meeting were approved as printed.

D. FY20 Budget Reductions

Mr. Jones reviewed the current FY20 Budget Reductions list. Decisions will be made based on budget decisions from the legislature and the governor. Tier I reductions must happen to avoid use of additional fund balance.
Mr. Holland discussed the challenges created by reducing the aides' work calendar by 10 days. After discussion, the committee recommended the calendar reduction for all aides be reduced from 10 days to 5.

The committee decided not to add the removed 5-day reduction to a lower tier as a possible future reduction. Work on the reduction list will continue. The committee discussed the consolidation of Soldotna Prep. and Soldotna High Schools.

There is a meeting on Tuesday evening to discuss the plans for moving of River City Academy to the Skyview building. Skyview students have signed up to testify at this evening's meeting.

Mr. O'Brien explained how the regional administration adjustments will work (i.e. south peninsula schools and Seward schools).

E. Fund Balance

Mr. Jones explained the fund balance chart, how it works and how the amount will be determined for next year.
Mr. Jones explained the funding formula and that it is based on the number of students from the October 20-day count.

F. Information Requests to Administration

G. Adjourn

2:01 p.m.