APPROVED 02-21-2023

Board of Education Finance Committee Meeting (Monday, February 6, 2023)

Generated by Nikkol Sipes on Monday, February 6, 2023

1. Board Finance Committee

A. Call to Order

Mr. Kelly called the meeting to order at 10:02 a.m.

B. Roll Call
Members Present: Zen Kelly, Matt Morse,

Members Absent: Jason Tauriainen, Beverley Romanin

C. Approval of Agenda

The agenda was approved as presented.

D. Approval of Notes

The notes from the January 9, 2023 committee meeting were approved as printed.

2. Finance New Business

A. FY24 Preliminary Budget Presentation

Ms. Hayes presented the FY24 Preliminary Budget. Mr. Kelly posed a question regarding details that the KPB is aware of. Ms. Hayes spoke to this. Mr. Kelly posed a question regarding the amount for learning loss for FY24. Mr. Morse spoke to energy costs for FY24. Mr. Kelly spoke to ESSER III funds, and suggested how the Board should disperse these funds for FY24. Ms. Hayes spoke regarding how this would affect the deficit the District is facing. Mr. Morse posed questions regarding Smart Board funds. Ms. Hayes spoke to fund balances and how it can affect the deficit. Mr. Kelly posed questions regarding KPB funding. Mr. Morse posed questions regarding school closures and how this can affect funding. Mr. Kelly and Mrs. Vadla also spoke to these details. Mr. Kelly spoke to various programs and aspects that affect the budget. Mr. Kelly posed questions regarding transportation budgeting. Ms. Hayes spoke to this. Mr. Kelly spoke to how advocating to the legislature can assist and support the District's funding. Ms. Morgan spoke to the importance of parent advocacy, and spoke to the Board of informing the community. Mr. Morse spoke to informed voters. Ms. Cary posed a question regarding what the staff number cut would look like with the District facing a deficit. Ms. Hayes spoke to these numbers. Ms. Cary would like these areas to be focused on during the upcoming Budget Forums. Mr. Kelly posed questions regarding what the Board may want to discuss during a mid month meeting.

3. Information Requests to Administration

There were none.

4. Adjourn

Mr. Kelly adjourned the meeting at 10:45 a.m.