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IT'S NOW 2:30 PM WE'LL BE CONDUCTING THIS IN THE DISTRICT EDUCATIONAL SERVICE CENTER CONFERENCE ROOM MEETING, AS WELL AS REMOTE, UH, HYBRID VIDEO CONFERENCING.THIS MEETING WILL BE LIVE STREAM BY THE COUNTY CHANNEL.
REQUEST FOR PUBLIC COMMENTS SHALL BE ACCEPTED BETWEEN ONE AND ONE 30 BY SENDING EMAIL WITH YOUR NAME, PHONE NUMBER, AND TOPIC TO ROBIN BERRY AT BUFORT K12.
THE COMMITTEE MEMBERS ARE MYSELF, UH, RICHARD DYER, UH, MR. EARL CAMPBELL.
WE DON'T HAVE MS. HAY IS, SHE'S ON.
AND, UH, WITH THAT, UH, WOULD PLEASE RISE FOR THE PLEDGE OF ALLEGIANCE.
I PLEDGE ALLEGIANCE TO THE FLAG OF THE UNITED STATES OF AMERICA, AND TO THE REPUBLIC FOR WHICH IT STANDS, ONE NATION UNDER GOD, INDIVISIBLE, WITH LIBERTY AND JUSTICE FOR ALL.
WE CAN PUT THE AGENDA UP, PLEASE.
IT'S, IT SAYS APPROVAL OF AGENDA.
CAN WE, CAN WE SHOW UP FOR ELIZABETH THOUGH? HUH? CAN WE PUT IT UP ON THE SCREEN? OH, ELIZABETH CAN SEE, YES.
OH, I'M FOLLOWING ALONG ON MY LAPTOP AS WELL, SO, OKAY, GREAT.
WELL, ELIZABETH, CAN I GET A MOTION TO APPROVE THE AGENDA, PLEASE? YES.
I MOTION TO APPROVE THE FINANCE COMMITTEE MEETING AGENDA FOR SEPTEMBER 21ST, 2023.
AND I WILL SECOND THAT MOTION.
UH, ANY DISCUSSION? UH, ELIZABETH? NOT ON MY END.
SO, ALL IN FAVOR SIGNIFY BY SAYING AYE.
UH, MR. CAMPBELL IS, UH, AT AN APPOINTMENT IN CHARLESTON AT THE VA CENTER.
HE'S GOING TO TRY TO JOIN US, UH, ONLINE, BUT RIGHT NOW, UH, WE DON'T HAVE HIM.
WE, DO WE HAVE ANY PUBLIC COMMENTS? NO, SIR.
AND THE NEXT ITEM ON THE AGENDA IS THE APPROVAL OF THE MINUTES OF THE LAST MEETING, WHICH WAS IN AUGUST, UH, 2023.
AND THAT THE DATE ON THAT WAS AUGUST 10TH.
UH, ELIZABETH, COULD I HAVE A MOTION TO, UH, APPROVE THE MINUTES? ABSOLUTELY.
I MOTION THE COMMITTEE TO APPROVE THE FINANCE COMMITTEE MEETING MINUTES FROM AUGUST 10TH, 2023.
IS THERE ANY DISCUSSION? HEARING NONE.
ALL THOSE IN FAVOR SIGNIFY BY SAYING AYE.
THE NEXT ITEM ON THE AGENDA IS THE MONTHLY BOARD OF EDUCATION BUDGET, AND THIS IS AS OF SEPTEMBER 13TH.
AND WE HAVE, UH, HARDLY DONE ANY, UH, SPENDING IN THAT.
SO NOBODY, THE MOST WE'VE SPENT IS OUTTA STATE TRAVEL OR AT 10.9%.
UH, EVERYTHING ELSE IS, SOME STIPENDS ARE OUT THERE FOR DIFFERENT MEETINGS.
AND THE TOTAL BUDGET IS, UH, ONLY AT 13.9% SPENT.
UM, I NOTICE ARE MOST OF THAT IS OUR LEGAL SERVICES.
UH, WHAT WE'VE SPENT SO FAR IS WE'VE SPENT 10,000, UH, $635 IN LEGAL, LEGAL SERVICES.
AND THAT'S THE BIGGEST EXPENDITURE, UH, WE'VE HAD THUS FAR.
AND WE HAVE MEMBERSHIP DUES, UH, THE ORGANIZATIONAL MEMBERSHIP DUES OF $50,000, WHICH WAS TO THE, UH, SCHOOL BOARD, SCHOOL BOARDS ASSOCIATION.
ELIZABETH, DO YOU HAVE ANY QUESTIONS ABOUT THE, UH, THE MONTHLY BOARD BUDGET? I DO NOT AT THIS TIME.
SO WE WILL MOVE ON TO THE NEXT ITEM ON THE AGENDA.
IS THE MONTHLY $1,000 REPORT, OR NOT $10,000 REPORT, CONSOLIDATED REPORT.
UH, DO YOU HAVE ANY COMMENTS ON THAT? UH, MS. CROSBY? I DO NOT.
I DIDN'T NOTICE ANYTHING IN THERE THAT I HAD A QUESTION ON.
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IT SEEMS PRETTY MUCH THE, THE NORMAL, UH, EXPENDITURES THAT WE HAVE AT THIS TIME OF YEAR.ONE COMMENT ONLY IN THE TRANSPARENCY REPORT, WHICH I'LL GET TO WHEN WE GET TO THAT.
UH, ELIZABETH, DO YOU HAVE ANY QUESTIONS OR COMMENTS? NO, I DO NOT.
I WILL VOICE THEM WHEN AND IF I DO.
SO LET'S GO ON TO THE TRANSPARENCY REPORT.
AND ONE THING I NOTICED ON HERE WAS THE SERVPRO UH, PAYMENT, $1.25 MILLION.
THAT WAS FOR THE HILTON HEAD ISLAND MIDDLE SCHOOL.
SO EVIDENTLY, UH, WE WILL GET REIMBURSED FROM THE INSURANCE COMPANY BECAUSE I, AS I UNDERSTAND IT, UH, WE HAVE A LIABILITY OF, OF A MAXIMUM OF, WHAT, 50,000? WAS IT? 5,000, 50,000? I BELIEVE IT'S 25,000.
BUT WE HAVE TO PAY UPFRONT AND THEN ASK FOR REIMBURSEMENT.
WELL, I, I WANNA KEEP THAT, UH, KIND OF ON THE, THE VISIBLE PART.
UH, DO YOU HAVE ANY, ANY ISSUES OR QUESTIONS ON THE, THE, THE PCARD PAYMENT OR, UH, THAT REPORT, ELIZABETH? I DO NOT.
THE NEXT ONE IS, IS THE, THE BIG BIG REPORT OF 58 PAGES.
UM, I WENT THROUGH IT LINE BY LINE, AND, UH, NOTHING WAS UNUSUAL THAT I FOUND IT'S A TYPICAL, UM, JULY 1ST OF JULY 31ST, BUY UP YOUR SUPPLIES FOR THE YEAR, UH, YOUR PROFESSIONAL DEVELOPMENT THAT'S GOING ON.
LOTS OF PROFESSIONAL DEVELOPMENT TRIPS.
OF COURSE, WE'VE GOT CONSTRUCTION SERVICES IN THERE, EMPLOYEE REIMBURSEMENTS FOR THEIR TRIPS AND SO ON.
I DID MAKE A NOTE OF PAGE 43, UH, PAGE 43 AND PAGE 43.
ANOTHER SERVPRO FOR, UH, LOOKS LIKE ABOUT $17,000 FROM HILTON HEAD HIGH.
DID WE HAVE A FIRE THERE OR SOMETHING? IT WAS A DRYER, A FIRE WITH A DRYER, UM, UH, THAT'S USED IN THE ATHLETIC AREA.
UM, AND IT CREATED SOME SMOKE DAMAGE IN THAT AREA AND SOME NEARBY CLASSROOMS. SO THERE WAS SOME REMEDIATION THAT NEEDED TO BE DONE THERE.
THAT, THAT WAS THE ONLY THING THAT I FOUND IN THERE THAT I, UH, FOUND A LITTLE UNUSUAL.
EVERYTHING ELSE WAS THINGS THAT THE SHREDDING CONTRACT, THE ORKIN, UH, THE NORMAL THINGS THAT HAPPEN IN, UH, IN THE, IN THE JULY PERIOD, IT, WHEN THE SCHOOLS ARE EMPTY AND WE GOT GO OUT AND GET THINGS DONE.
UH, DO YOU HAVE ANY, ANY QUESTIONS, UH, ELIZABETH ON THE TRANSPARENCY REPORT? NO.
ONE OF MY ONLY QUESTIONS, BUT I CAN EMAIL ANYONE PRIVATELY IF I'M JUST MAKING AN GO AHEAD ASSUMPTION.
I'M ASSUMING THAT, BECAUSE I'M NOTICING A LOT OF, YOU KNOW, THIS IS MY FIRST TIME AROUND SEEING ALL THESE REPORTS CONSISTENTLY SINCE THIS IS MY FIRST EIGHT MONTHS.
UM, I'D BE ASSUMING THAT WE GET SOME SORT OF, UM, DISCOUNT FROM THE BIG BOX STORES LIKE STAPLES, TARGET, EVEN IN AMAZON.
UM, DO THEY PROVIDE ANY FORM OF DISCOUNT FOR BUYING IN BULK FOR EDUCATIONAL SYSTEMS? WE DO.
UH, STAPLE COME ON UP, AND, UH, THIS IS KAYLEE JINGER, OUR PROCUREMENT COORDINATOR.
SHE'S GOING TO ANSWER THAT QUESTION.
SHE KNOWS A LOT BETTER THAN SHE
NEW IDEA OF SCHOOL SPECIALTY DISCOUNT SCHOOL SUPPLY, THOSE ARE EITHER ON STATE CONTRACT OR CONTRACTED WITH US, WHICH MEANS WE HAVE A DISCOUNT CATALOG CONTRACT WITH THEM.
UM, SOME OTHER CONTRACTS, WE HAVE COOPERATIVES WITH OTHER SCHOOL DISTRICTS FOR BAND INSTRUMENTS AND THINGS LIKE THAT.
UM, AMAZON, WE ACTUALLY HAVE A BUSINESS MAN OR A BUSINESS ADVANTAGE MEMBERSHIP WITH THEM, SO THAT WE MAKE SURE WE GET FREE AMAZON
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FULFILLED SHIPPING AND SPECIAL PRICING ON ITEMS THAT THEY'RE RUNNING FOR SPECIALS THAT MONTH.BUT IT IS REQUIRED THAT THEY LOOK AT OUR STATE AND DISTRICT CONTRACTS FIRST FOR ITEMS THEY'RE LOOKING TO PROCURE BEFORE GOING TO PLACES LIKE AMAZON, TARGET, OR WALMART.
THAT'S, THAT'S A GREAT SEGUE TO WHAT I'M ABOUT TO, UH, ASK, UH, YOU ALL TO TALK ABOUT.
AS YOU MAY KNOW, COUNTY COUNCIL HAS BEEN, UH, IS NOW UNDERGOING A FORENSIC AUDIT, AND THERE'S SOME QUESTIONS ABOUT PCARD PURCHASES AND, AND, UH, OVERSIGHT OF BUDGETARY, UH, MATTERS.
AND SINCE WE HAVE, UH, MS. HAY IS NEW, WOULD YOU GIVE A QUICK, UH, COMMENTS ON OUR PROCEDURES THAT WE, UH, HAVE HERE IN BOTH PCARD AND IN IN, UH, MONITORING EXPENDITURES? YES, ABSOLUTELY.
HOWEVER I NEED TO, UM, SO I, I'M GONNA SPEAK TO THIS BECAUSE MY HUSBAND WORKS FOR THE COUNTY.
SO I SEE EVERY DAY THE DIFFERENCES BETWEEN THEIR PROCUREMENT PROCESSES AND OURS.
UM, HE, UH, SO OUR SCHOOL DISTRICT, WHAT ONE OF THE MOST UNIQUE PIECES ABOUT OURS, UM, PROCUREMENT POLICIES, IS THAT WE REQUIRE APPROVAL ON EVERY SINGLE PURCHASE WE MAKE, WHETHER IT'S A PENNY OR A A MILLION DOLLARS, WHATEVER, THAT WE REQUIRE ADVANCED WRITTEN APPROVAL OR ELECTRONIC APPROVAL THROUGH A REQUISITION PROCESS.
SOMEONE ELSE IS PUTTING THEIR EYES ON EVERY SINGLE PURCHASE THAT THAT DIFFERS FROM, FROM THEIR POLICIES.
UM, SO ALSO WE HAVE, UH, A MULTI-LAYER APPROVAL PROCESS.
IF IT'S SPECIAL REVENUE FUNDS, WE HAVE, UH, THE GRANTS OFFICES IS APPROVING IF, IF IT'S ESSER FUNDS.
WE HAVE MULTIPLE LAYERS OF APPROVAL THERE, UH, WHERE, AND WE HAVE A VERY STRICT PROCUREMENT PROCESS WITH THE SCHOOL DISTRICT THAT WE HAVE TO ADHERE TO.
WE ARE NOW, MEMBERS ARE, ARE PARTICIPATING WITH THE MODEL CODE, HAVE ADOPTED THE MODEL CODE.
SO, UM, OUR THRESHOLDS, UH, ESTABLISH, UH, DICTATE WHAT WE DO ON A DAILY BASIS.
YOU HAVE SOMETHING TO ADD TO THAT KAYLEE
WE'VE BEEN THROUGH MULTIPLE AUDITS, AND EACH TIME IT'S MORE OF LIKE A REALLY GOOD JOB.
YOU SHOULD REALLY LOOK AT BEAUFORT COUNTY SCHOOL DISTRICT'S PROGRAM.
UM, AS FAR AS I KNOW, I DON'T KNOW ANYBODY THAT AUDITS EVERY SINGLE ONE OF THEIR PCARD TRANSACTIONS AS WELL, UM, ON TOP OF THAT.
AND THEN IF THEY DIDN'T FOLLOW A POLICY AND PROCEDURE, WE WOULD CATCH IT.
AND WE ALSO HAVE A POLICY AND PROCEDURES MANUAL THAT ALSO DICTATES HOW VIOLATIONS ARE HANDLED ALL THE WAY UP THROUGH, UM, UH, PERSONNEL IF NEED BE TO REPORT TO HR.
SO, UM, UH, I THINK IT'S A GREAT PROGRAM.
UM, WE'RE ALWAYS LOOKING ROOM FOR IMPROVEMENT NO MATTER WHAT HAPPENS AND SUGGESTIONS FROM ANYBODY.
BUT, UM, PRETTY HAPPY WITH HOW, HOW WE RUN OUR PROGRAM.
ELIZABETH, THESE PCARDS ARE OUR CREDIT CARD, AND, AND THERE'S VERY STRICT CONTROL OF WHO HAS THEM WHEN THEY CAN HAVE THEM WHERE IT'S SECURED.
CAN'T CARRY IT AROUND IN YOUR WALLET OR YOUR PURSE.
UH, IT ALSO, UH, WE GET A KICKBACK, I DON'T WANT USE THAT AS A WORD.
THAT'S PROBABLY LITTLE FEDERAL.
YOU HAD DISCUSSED THAT IN THE PAST.
AND, UH, HOW MUCH WAS THAT LAST YEAR? 300.
SO I WANNA MENTION ONE OTHER THING.
I I KIND OF DREW A BLANK THERE AS I WAS TALKING EARLIER, BUT ANOTHER MAJOR DIFFERENCE IS THAT WE HAVE ONE PCARD PER SCHOOL AND ONE PCARD PER DEPARTMENT.
UM, SO THAT IS VERY DIFFERENT FROM A LOT OF OTHER ENTITIES.
UM, UH, THE COUNTY, FOR EXAMPLE, HAS MULTIPLE PCARDS PER DEPARTMENT, AND, BUT THE NATURE OF THEIR WORK IS ALSO VERY DIFFERENT.
THEY'RE OFF, OFTEN OUT ON THE ROAD, AND THEY HAVE TO PICK UP A PART OR GO TO LOWE'S OR, YOU KNOW, UH, GO TO A CAR PARK SHOP OR SOMETHING LIKE THAT.
SO THE NATURE OF THEIR WORK IS DIFFERENT THAN OURS, BUT WE'RE ABLE TO MANAGE OURS WITH ONE CARD PER LOCATION.
SO IT MINIMIZES THE NUMBER OF CARDS WE HAVE OUT THERE.
SO, PIGGY BACK ON THAT AND SAY THAT THERE IS ALSO A PROCESS, PROCESS WHERE YOU HAVE TO BE APPROVED TO BE ABLE TO UTILIZE THE CARD, AND YOU ALSO HAVE TO SIGN OUT THE CARD FROM THE CARD DESIGNEE, SO THAT AT ALL TIMES WE KNOW
[00:15:01]
WHO IS USING THOSE CARDS, WHAT THEY'RE USING IT FOR.AND SO THERE'S ALL THE WAY TO THE FRONT END OF ACTUALLY PHYSICALLY TAKING POSSESSION OF THE CARD.
WE HAVE, UH, DEGREES OF, UH, PROCESS, INTERNAL CONTROL PROCESS TO MAKE SURE THAT THOSE CARDS ARE NOT BEING SAMPLED.
THEY'RE ALSO HELD IN THE SCHOOL, UH, OR THE LOCATION.
WE DO NOT ALLOW 'EM TO TAKE THEM HOME OVERNIGHT, SO THEY'RE NOT KEPT IN A WALLET ANYWHERE.
THEY'RE KEPT AND HAVE TO BE SIGNED OUT BY SOMEONE ELSE THAT'S RESPONSIBLE.
AND SO IT'S SORT OF DUAL CONTROL THERE UP, MR. SMITH, YOUR HAND IS UP.
UM, IN, IN TERMS, IN TERMS OF THE KEYCARD, UH, WAS SOMETHING THAT WAS SAID IN THE BEGINNING, UM, THAT, UM, IT WAS SO MUCH QUESTIONS, UM, BUT I, IT WAS SO MUCH, I'M ASSUMING SO, SO MUCH, UH, WAS GOING ON.
UM, AND, AND IN TERMS OF THE PCARD, UM, ONE, ONE OF, ONE OF MY, MY QUESTIONS WERE, UM, UH, SOMEONE STATED THAT, THAT, THAT, THAT, UM, WE, WE, WE, THAT WE, THAT THAT, THAT WE HAVE GOTTEN, UH, THAT THEY, THAT THEY, THEY HAD, THEY HAVE STATED THAT, UH, WE WE'RE THE NUMBER ONE PCARD.
IS, IS THAT FROM A COMPANY OR IS THAT FROM A BUREAU? WHO, WHO, WHO, WHO, WHO, WHO, WHO, WHO'S, WHO STATED THAT OR THAT.
SO WE'VE NEVER, WE'VE NEVER BEEN, I THINK, NAMED NUMBER ONE PCARD.
I THINK WHAT I WAS TRYING TO CONVEY WAS THAT THEY HAVE BEEN IMPRESSED WITH OUR PROGRAM, AND OUR PROGRAM HAS BEEN REFERRED TO BY THE STATE OF SOUTH CAROLINA BY OUR CURRENT VENDOR THAT IS CONTRACTED THROUGH SOUTH CAROLINA, SOUTH CAROLINA ASSOCIATION OF GOVERNMENTAL PURCHASING OFFICIALS, UM, SCSA STATE FISCAL ACCOUNTABILITY AUTHORITY.
SO A LOT OF STATE AGENCIES HAVE REFERENCED BACK OUR PROGRAM BECAUSE OF OUR ROBUST INTERNAL CONTROLS, AND STILL BEING ABLE WITH THOSE INTERNAL CONTROLS TO PURCHASE ON THE PCARD LIKE WE DO.
SO WE'RE NOT BOTTLENECKING ANY OF OUR BOOKKEEPERS OR, UM, MAKING SURE THAT THE SCHOOLS HAVE EXACTLY WHAT THEY NEED WHILE WE STILL HAVE STRONG INTERNAL CONTROLS.
SO WE'VE BEEN REFERENCED, BUT I DON'T, NOT, NUMBER ONE, THERE'S NO RANKING
YEAH, THAT WAS MY, THAT MY POINT.
I'M GLAD I WANTED TO BE ABLE TO UNDERSTAND WHO WA WHO SH WHO, WHO WE WERE REFERENCING, AND JU JUST IN CASE SOMEONE WANTED TO KNOW THAT.
SO THEREFORE, UH, WE KNEW THE
SO, SO, SO THAT THEY, IT, THAT, THAT WE COULD DECLARE ON, ON THAT.
UM, BECAUSE BASICALLY, YOU KNOW, RIGHT.
YOU'RE BREAKING UP A LITTLE BIT, SIR, BUT WE, WE, WE GET IT.
AND, UH, I, I WANNA ADD TO WHAT YOU JUST SAID.
UH, I'M SURE YOU GETTING THE SAME KIND OF QUESTIONS FROM CONSTITUENTS THAT I AM, THAT SEEM TO THINK THAT THE COUNTY, UH, RUNS OUR PCARD AND THAT WE ARE, WE ARE PART OF THAT COUNTY PROGRAM, AND I MAKE, JUST MAKE SURE TO TELL THEM THAT NO, THE COUNTY DOESN'T RUN ANYTHING THAT WE DO FINANCIALLY.
UH, SO WE DON'T, WE DON'T HAVE THE PROBLEMS THAT THEY'RE LOOKING AT THE COUNTY RIGHT NOW.
AND AS WELL, BECAUSE ALSO WE HAVE A DIFFERENT LIMIT, I BELIEVE.
AND I DON'T, I'M NOT SURE THAT THE COUNTY HAS A LIMIT.
DON'T WE HAVE ABOUT A LIMIT HOW MUCH CAN BE SPENT ON A PCARD OR HOW MUCH CAN BE SPENT? I THINK THAT THAT'S A, THAT'S, THAT, THAT IS A, A DIFFERENCE.
AND, AND WHAT IS THE LIMIT THAT CAN BE SPENT WITHOUT BOARD'S APPROVAL? UH, EACH CARD HAS A SEPARATE, UH, LIMITATION.
AND THE COUNTY DOES HAVE APPROVAL, UH, LIMITATIONS AS WELL.
THERE'S ACTUALLY, UH, PER, PER TRANSACTION LIMITS, BUT WE HAVE THOSE ALSO.
SO WE HAVE A PER TRANSACTION LIMIT, AND THEN MONTHLY LIMITS, AND THEY MAY BE DIFFERENT FOR EACH DEPARTMENT.
FINANCE MAY SPEND AT A MUCH LOWER LEVEL THAN THE OPERATIONS DIVISION, FOR EXAMPLE, UM, OR INSTRUCTIONAL DIVISION.
SO EACH ONE IS BASED ON, UM, THE SPENDING PATTERN.
UM, BUT THE ENTIRE, UM, SCHOOL DISTRICT'S LIMIT IS $15 MILLION PER YEAR? YES.
SO, SO, SO BASICALLY, AS LONG AS THE DISTRICT DON'T SPEND MORE THAN $15 MILLION, THEY DON'T HAVE COME, THEY DON'T HAVE TO COME BEFORE THE, THE BOARD.
IS THAT, IS THAT WHAT WE'RE SAYING? NO, UH, WE ARE LIMITED ON BY BOARD POLICY TO, UH, AN APPROVAL IF THAT WE REQUIRE, IT REQUIRES BOARD APPROVAL IF WE SPEND OR PROPOSE TO EXPEND
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0.1% OF THE FULL COMPREHENSIVE BUDGET.SO IT'S ABOUT A $600,000 THRESHOLD THAT WE HAVE TO COME BEFORE THE COURT, UM, IF IT'S NOT ALREADY APPROVED IN A LINE ITEM BUDGET, LIKE, LIKE OUR SCHOOL DISTRICT GENERAL FUND BUDGET OR THE 8% BUDGET OR A REFERENDUM BUDGET.
UM, SO WE HAVE THAT LIMITATION AS WELL.
BUT THAT'S FOR ALL SPENDING, NOT JUST PCARD.
UH, MS. HAY, DO YOU HAVE ANY QUESTIONS OR COMMENTS? I DO NOT.
I THINK WE CAN MOVE ON TO THE NEXT AGENDA ITEM, WHICH IS THE ESSER UPDATE.
I'M GONNA TURN THIS ONE OVER TO DENISE MATTSON, THE DIRECTOR OF SPECIAL REVENUE.
UM, WE HAVE, UM, PROVIDED JUST THE TYPICAL MONTHLY DASHBOARD, AND YOU CAN SEE THAT WE ARE OVERALL ALL OF OUR SR FUNDS AT 78%, UM, SPENT.
WE ARE AT, UM, 99.97 OF SSR TWO.
IT'S, UM, IT'S FINISHED BY NOW.
THIS WAS JUST IN AUGUST THE 29TH, THE EXPENDITURE BEFORE WE HAD $7,700, UH, LEFT.
AND SO THAT IS ALL, UM, WILL BE COMPLETE.
AND THEN WE HAVE A REMAINING BALANCE IN THE S R THREE OF ABOUT 17 AND A HALF MILLION DOLLARS.
AND, UM, IN AUGUST, OUR EXPENDITURES WAS, UM, $2.1 MILLION.
AND YOU CAN SEE OUR LARGEST AREAS WAS OF COURSE, GETTING RENEWALS ON OUR EDUCATIONAL SOFTWARE.
UM, MADE SOME PAYMENTS ON SOME HVAC REPLACEMENTS, WE'RE STILL COMPETING.
UM, PROFESSIONAL DEVELOPMENT COSTS ON SUMMER INSTITUTE, UH, SOME STAFFING.
AND THEN, UM, IT, IT WAS A QUARTER WHERE WE DID, UM, CLAIM OUR INDIRECT COST.
AND SO WE, UM, FULLY EXPEND, UH, EXPECT FOR THIS, UM, SSR THREE TO BE, UM, FULLY EXPENDED BY NEXT SEPTEMBER 30TH.
NOW, THE, UH, ONE OF THE QUESTIONS I WAS GOING THROUGH IT, I LOOKED AT, UH, PROVIDE CHILDCARE SUPPORT, WHICH IS AT, UH, 500 AND, UH, $54,319.
UH, IS THAT, IS THAT FOR A YEAR AT SOME PAGE NUMBER THREE ON THAT? UM, YES.
THAT WAS WHAT WAS EXPENDED FROM THE BEGINNING OF, FROM THE GRANT.
THE FIRST YEAR WAS ABOUT HALF OF THE YEAR.
SO YES, IT WAS, AND THAT GOES TO TEACHERS AND STAFF THAT YEAH.
THERE'S A PROGRAM RUN FROM THE HR DEPARTMENT.
NOW, UM, THAT'S A PRETTY VALUABLE PROGRAM AND A MUCH APPRECIATED AND A BENEFIT TO OUR STAFF AND OUR TEACHERS.
I'M GONNA BE ABLE TO CONTINUE WITH THAT WHEN ESSER ENDS NEXT YEAR.
THAT'S, THAT'S ONE OF THE QUESTIONS THAT I REALLY WANT TO LOOK AT VERY STRONGLY FOR THE NEXT YEAR'S BUDGET.
THAT'S A, THAT'S A BENEFIT THAT'S COULD BE HARD NOT TO CONTINUE TO SUPPORT, BECAUSE NOW THEY'VE HAD TWO YEARS OF GETTING USED TO THAT, AND IT'S, AND IT IS A DEFINITE PLUS FOR THEM.
YOU WANNA, WE ARE ABOUT THE, UM, INITIATIVES THAT WE, WE ARE, WE STARTED, UM, LAST ON THE 11TH WITH, UM, ALL OF THE DEPARTMENTS COMING TOGETHER WITH FACILITATORS FROM CHIEFS FOR CHANGE.
AND WE ARE LOOKING AT EACH, EACH INITIATIVE BECAUSE ONE OF THE THINGS WE ALSO WANNA SEE IS HOW MANY ACTUALLY WERE INCLUDED IN THAT.
SO WE WANNA KNOW HOW MANY KIDS ACTUALLY WERE IN THERE.
SO WE'RE, WE'RE DOING ALL THAT ANALYSIS, BUT YES.
SO THAT WE CAN MAKE THOSE DECISIONS ON THAT, UM, THAT HAVE BEEN, UH, LEAST SOME ADJUSTMENTS.
UM, IT WAS HARD GETTING EVERYONE STAFFED, AND LAST YEAR WAS, WAS HARDER.
UM, THERE, SO WE'RE TRYING TO USE THE E S S SERVICE VERSUS TEACHERS AND HAVE OUR TEACHERS THAT ARE ACTUALLY DOING AFTERSCHOOL BE DOING AFTERSCHOOL, BUT WITH THEIR STUDENTS.
AND SO THERE ARE SOME ADJUSTMENTS WE'RE LOOKING AT, BUT YES, WE DO BELIEVE THAT IT'S A BENEFIT AS WELL.
MR. CAMPBELL, I TO HAVE YOU GLAD TO HAVE YOU HERE, SIR.
[00:25:01]
IN THE, STARTING ON THE ESER, UH, FEDERAL FUNDING FOR, UH, COVID PIECE RIGHT NOW.UH, I, I THINK YOU ALL KNOW DR.
RODRIGUEZ IS AT WASHINGTON DC UH, TEST.
HE'S, UH, TESTIFYING BEFORE CONGRESS, A CONGRESS, UH, SUBCOMMITTEE, UH, ABOUT THE, UH, USE OF, UH, FEDERAL ESSER FUNDS OR EXTENDED LEARNING PROGRAMS IN BUFORT COUNTY.
SO THAT'S, UH, THAT SAYS SOMETHING ABOUT HOW, UH, HE'S BEEN, UH, THIS DISTRICT'S BEEN RECOGNIZED FOR HOW WE'RE USING THIS FEDERAL MONEY.
AND OH, BY THE WAY, WE'RE GOING TO USE EVERY DIME OF THIS FEDERAL MONEY
UH, AND MANY, MANY DISTRICTS THAT I'VE BEEN TOLD REALLY DON'T HAVE A CLUE OF HOW THEY'RE GOING TO, UH, TO SPEND THIS MONEY.
I, WE'RE NOT GONNA SPEND IT ON WASTE, WASTE AND FRAUD AND ABUSE.
WE'RE GONNA SPEND IT ON, UH, STUDENT ACHIEVEMENT, TAKING CARE OF TEACHERS, UH, TAKING CARE OF SOME OF OUR, UH, INFRASTRUCTURE REQUIREMENTS FOR BETTER HEALTH.
UM, AND, AND I THINK WE'RE DOING A FANTASTIC JOB IN THIS.
AND I THINK OUR CHART SHOWS THAT WE, YES, WE'VE BEEN DOING IT OVER TIME.
IT'S NOT GONNA BE AN END OF NO.
THAT, THAT'S A VERY GOOD POINT, BECAUSE OFTENTIMES WITH FEDERAL PROGRAMS, THAT'S WHAT YOU SEE, THAT WE HAVE A MAD MINUTE, UH, AND THE LAST MONTH OF THE FISCAL YEAR TO SPEND IT ALL.
AND SOME OF THAT, THAT'S WHEN YOU GET INTO TROUBLE.
UH, WHEN YOU HAVE A PLAN LIKE THIS.
THIS IS WHAT AUDITORS WANT TO SEE.
THIS IS WHAT THE FEDERAL GOVERNMENT, THE STATE, UH, DEPARTMENT OF EDUCATION WANT TO SEE IS CURVED EXACTLY LIKE YOU SHOW HERE.
OKAY, MS. MS. HAY, YOUR HAND IS UP.
IT IS SHOWING UP ON MY LAPTOP AS PAGE SEVEN, HOWEVER, I BELIEVE YOU ALL ARE A PAGE BEHIND, PERHAPS IT COUNTED THE COVER PAGE AS PAGE ONE FOR THOSE OF US ON THE COMPUTER, BUT IT'S ITEM NUMBER 38.
IT SAYS, COMPLETED ACTIVITIES AND $2 MILLION WAS SPENT FOR COMPLETED ACTIVITIES.
AND I JUST WAS CURIOUS WHAT THAT MEANT AS YOU WANNA TALK TO YES, PLEASE.
AS THE, AS WE HAD, UM, AS WE WERE MOVING INTO THE YEAR, SOME OF THE ACTIVITIES FROM THE SQ TWO AND THREE HAVE, UM, BEEN COMPLETED.
AND SO TO, TO MINIMIZE OUR REPORTING PIECES THERE, I CAN CERTAINLY GET A LIST OF THOSE COMPLETED ITEMS, UM, FOR YOU TO LOOK AT.
UM, FOR THAT, THAT WOULD BE GREAT.
IT'S JUST A VERY VAGUE LINE ITEM.
SO I WAS CURIOUS BECAUSE IT, YOU KNOW, IT'S $2 MILLION.
UH, AN EXAMPLE WOULD BE, UH, MAYBE, UM, MODE REMEDIATION.
IT WAS A ONE AND DONE, AND SO IT WAS COMPLETED, UM, OVER TIME.
OH, CAN YOU, CAN YOU BRING US A LIST AND SEND IT TO THE COMMITTEE MEMBERS, UH, BREAKING THAT OUT, HOW THAT, HOW THAT WAS SENT.
AND JUST TO REITERATE, I'M NOT SAYING ANYTHING WAS DONE INCORRECTLY.
IT'S MORE JUST CURIOSITY, SINCE IT'S A VAGUE, YOU KNOW, TITLE.
UH, ACTUALLY, WELL, SHE WAS SENT TO THE, TO THE BOARD BECAUSE I WOULD LIKE TO KNOW THAT SAME QUESTION.
UH, I SENT TO THE COMMITTEE, THE, UH, COMMITTEE MEMBERS, UH, AS, AS WELL AS OKAY.
ALSO, UM, NO, ACTUALLY NO, I DIDN'T KNOW THAT WAS, THAT'S, UH, GREAT.
THAT OUR SUPERINTENDENT IS GOING TO, UH, BEFORE CONGRESS.
NO, I, I, I DON'T, I DON'T THINK I, UM, I WAS AWARE OF THAT, BUT, UH, I, I, I, I, I, I, I, UM, I'M, I'M DEFINITELY GLAD TO KNOW THAT MAYBE I DIDN'T, I DIDN'T, UH, UNDERSTAND THAT, BUT YEAH, I WAS, I'M DEFINITELY GLAD TO KNOW, TO KNOW THAT, UH, WE WERE ABLE TO, UH, GET THAT DONE AND GET THAT INFORMATION OUT, OUT TO THE PUBLIC.
ANY OTHER ISSUE QUESTIONS ON THAT? I, I THINK WE'VE COVERED THAT.
LET'S GO ON TO THE NEXT ITEM, WHICH IS O E FIVE, FINANCIAL PLANNING TO BUDGET.
SO, UM, IN OUR BOARD'S WORK PLAN, UM, WE HAVE IN JUNE, THE MONTH OF JUNE, UM, A TIME FOR US TO REPORT OUT ON O E FIVE.
UM, IN THIS YEAR, I DID NOT REPORT OUT, OBVIOUSLY,
[00:30:01]
UM, WE'RE BRINGING IT TODAY BECAUSE OF THE DELAY IN THE MILLAGE SETTING AND, UH, THE NEED TO GO BACK TO COUNTY COUNCIL OR THREE READINGS IN AUGUST TO CONTINUE THAT WORK.SO I KNEW THAT AS LONG AS WE HAD NOT HAD A FINAL MILLAGE SETTING AMOUNT OR, OR MILLAGE AMOUNT THAT, UH, THE BUDGET TECHNICALLY WASN'T OVER FOR US,
UM, SO THIS, UH, THIS IS A ONE PAGE DOCUMENT, UM, THAT JUST PROVIDES SORT OF AN OVERVIEW OF, UH, SORT OF WHERE WE ENDED UP IN THE PAST TWO YEARS, WHERE, WHERE WE'RE LOOKING AT GOING FOR NEXT YEAR AND KIND OF APPLYING THAT TO MAJOR BOARD POLICIES THAT ARE RELATING TO THE FINANCIAL AREA.
SO THE FIRST POLICY IS THAT WE WILL MAINTAIN A FUND BALANCE NO LESS THAN 10% OF THE NEXT YEAR'S BUDGETED EXPENDITURES WITH A DESIRED TARGET BETWEEN 15 AND 17% OF ANNUAL OPERATING EXPENDITURES FOR THE NEXT FISCAL YEAR.
SO WE ARE, UH, A LITTLE ABOVE THAT AT, AT THE END OF FISCAL YEAR 22 AT 17.8%, ALSO $57 MILLION.
AND THEN WE PROJECT, UH, ALTHOUGH WE'RE NOT QUITE DONE WITH THE CURRENT FISCAL YEAR, THESE ARE VERY CLOSE TO BEING FINAL NUMBERS.
UM, THE AUDITORS ARE ACTUALLY ON SITE TODAY FOR THE FIRST DAY, UH, OF PROBABLY TWO A WEEK OR TWO.
UH, AND THEN THEY'LL BE WORKING REMOTELY.
SO IT LOOKS AS IF WE'RE GOING TO END UP AT 63 MILLION, 63.8 MILLION, WHICH IS GONNA BE CLOSER TO 19.9% OF OUR PROJECTED NEXT YEAR'S BUDGET.
AND THEN AGAIN, WE, WE BA UM, CREATED A BALANCE BUDGET SO IT SHOWS NO INCREASE OR DECREASE IN THAT FUND BALANCE OR PERCENTAGE FOR THE NEXT YEAR.
SO WE ARE A LITTLE ABOVE THAT TARGET, UM, AND AM INTERESTED IN HAVING MAYBE SOME FUTURE DISCUSSIONS ON, UM, SHIFTING THAT TARGET TARGETED RANGE, UM, BUT NOT NECESSARILY TODAY.
BUT, UH, I WOULD LIKE TO EXPLORE THAT OR HAVE THE OPPORTUNITY TO EXPLORE THAT, UM, TOPIC.
SO ALSO, UM, WE ALSO HAVE A POLICY THAT SAYS FUND BALANCE SHOULD BE MAINTAINED AT A LEVEL THAT ELIMINATES THE NEED FOR A TAX ANTICIPATION NOTE.
UM, SO AT 10, AS WE CALL IT, UM, WE ACTUALLY ISSUED A TAN.
WE HAVE ISSUED A TAN FOR AS LONG AS I'VE BEEN WITH THE SCHOOL DISTRICT OVER 20 YEARS, EVERY SINGLE YEAR.
AND IN FACT, WE DID TWO ONE YEAR BECAUSE THERE WAS A TAX BILL DELAY, AND WE HAD TO ISSUE SOMETHING FOR DEBT SERVICE, UH, AT THE LAST MINUTE.
BUT THAT'S, UH, SORT OF A DIFFERENT TOPIC.
SO, UM, WE DID, TWO YEARS AGO WE HAD A $15 MILLION TAN, AND, UM, LAST YEAR WE DID A SEVEN AND A HALF MILLION DOLLARS TAN.
AND THIS YEAR WE WILL NOT ISSUE A TAN.
AND THAT IS BECAUSE OUR FUND BALANCE HAS GROWN TO A LEVEL THAT DOES SUPPORT, UM, AND OUR OPERATIONS.
AND, AND FOR, UM, TO GIVE YOU A BETTER UNDERSTANDING, UM, THIS IS A JUNE 30 FUND BALANCE.
HOWEVER, WE DO NOT COLLECT, WE COLLECT VERY LITTLE, UM, TAX REVENUE BETWEEN NOW AND DECEMBER, BUT YET OUR EXPENDITURES ARE STILL, YOU KNOW, $20 MILLION A MONTH, OR ACTUALLY PROBABLY MORE THAN THAT, I DON'T KNOW THE EXACT AMOUNT, BUT MILLIONS OF DOLLARS ARE GOING OUT AT THE SAME LEVEL EVERY MONTH THROUGHOUT THE ENTIRE 12 MONTHS OF THE YEAR.
SO THERE'S NO REVENUE TO SUPPORT THAT COMING IN.
WE HAVE TO RELY ON WHAT'S IN THE BANK AT JUNE 30.
SO THAT FUND, THAT FUND BALANCE NEEDS TO BE LARGE ENOUGH JUNE 30, TO SUPPORT ALL OF THE EXPENDITURES BETWEEN NOW AND THE TIME TAX COLLECTIONS FOR THEM TO COME IN AGAIN.
SO THAT'S ALSO PART OF THE REASON FOR THE REQUEST IN THE SHIFT BECAUSE A 15 TO 17% FUND BALANCE DOESN'T GIVE US QUITE ENOUGH TO SUPPORT THE CASH FLOWS, UH, IN ORDER TO NOT HAVE A TAM.
SO RIGHT NOW, WE WANNA ALIGN THOSE TWO POLICIES AND THEN, AND BE ABLE TO SUPPORT, UM, BUILD A, BUILD A FUND BALANCE, BUILD A BUDGET THAT ALLOWS FOR A FUND BALANCE TO MEET THAT POLICY, BOTH OF THOSE POLICIES.
SO, UM, THE ANNUAL, JUST A REMINDER, UM, JUST KIND OF BEFORE YOU, BEFORE YOU, BEFORE YOU GO ON TO THAT, UM, MS. HAY, I, I WANNA LET YOU KNOW SOMETHING BECAUSE YOU'RE, YOU'RE NEW.
WHEN WE BORROW MONEY WITH THE TAN, IT'S DIFFERENT THAN BORROWING MONEY FOR OUR CAPITAL ON 8% OR OUR REFERENDUM MONEY.
[00:35:01]
THAT WE GET, AND THAT MONEY IS PAID FOR OUT OF OUR OPERATIONAL BUDGET, NOT OUR DEBT SERVICE BUDGET.SO BASICALLY THAT, WHAT THAT MEANS IS, IN THE PAST WHEN WE'VE HAD 15, 17 OR 7 MILLION, UH, WHEN I FIRST CAME ON THE BOARD, IT WAS OVER 20 MILLION THAT THE INTEREST THAT WE PAY ON THAT LOAN IS, COMES OUT OF THE SAME POT OF MONEY THAT PAYS FOR A TEACHER.
SO, SO BASICALLY BY DOING THAT, WE'RE, WE'RE REALLY SHORTING OURSELVES A COUPLE TEACHERS SALARIES AND BENEFITS WHEN WE DID, WHEN WE HAD TO PAY THAT KIND OF INTEREST ON A SHORT LOAN.
SO TAKE CHEWING AWAY WITH THIS BY HAVING ENOUGH IN OUR FUND BALANCE, THE 15 AND 17% THAT'S KIND OF RECOMMENDED, RECOMMENDED IS FOR GENERAL, MOST COMMONLY FUNDED GOVERNMENTAL AGENCIES AND MOST GOVERNMENTAL FUNDED, UH, AGENCIES ARE PAID FOR BY SALES TAX AND OTHER THINGS.
SO THERE'S A MORE CONSISTENT FLOW OF REVENUE, AND THAT'S NOT WHAT WE GET.
WE GET PRIMARILY FROM PROPERTY TAX.
SO THAT MEANS WE GET THE, THE MAJORITY OF OUR REVENUE BETWEEN DECEMBER, JANUARY, FEBRUARY, AND THE REST OF THE YEAR.
THAT'S WHY THE 15 TO 17 REALLY DOESN'T APPLY TO OUR SPECIFIC, UH, REVENUE STREAM.
AND WHY THAT WE'RE GONNA BE LOOKING AT CHANGING OUR, UH, POLICY TO INCREASE IT JUST SIMPLY STATE THAT THE FUND BALANCE NEEDS TO ENSURE THAT IS SUFFICIENT NOT TO REQUIRE AN ANNUAL TAX ANTICIPATION BORROWING NOTE.
SO THAT'S, THAT'S WHY THIS IS, UH, KIND OF HIGHLIGHTED IN THIS EXECUTIVE SUMMARY.
ARE THERE ANY QUESTIONS ON THAT? UH, MS. HAY? NO.
THANK YOU FOR EXPLAINING THAT THOUGH.
SO, THE, UM, FISCAL YEAR 24 BUDGET WAS REPORTED TO THE BOARD OF EDUCATION ON, IN, BASICALLY IN THREE SEPARATE OCCASIONS, APRIL 21ST, MAY 2ND, AND MAY 16TH, WITH FINAL BOARD CERTIFICATION THERE.
UM, AS, AS, UH, REQUIRED BY BOARD POLICY, WE INCLUDED DETAILS OF REVENUES, EXPENDITURES, AND BUDGET ASSUMPTIONS, UM, MULTIPLE YEARS REPORTING, INCLUDING PRIOR YEAR ACTUALS, UM, AND PROJECTED ACTUALS OF THE CURRENT YEAR, WHICH, AND THEN THE PROPOSED NEXT YEAR BUDGET AS WELL.
UM, AND THEN IT HAD TO REFLECT, UH, THE PROJECT.
OH, IT REFLECTED FINAL PROJECTIONS FOR THE STATE HOUSE OF REPRESENTATIVES OR THE SENATE, UM, OR BOTH INCLUDING COMPENSATION AND, UH, INCREASES IN AND BENEFITS FOR TEACHERS AND OTHER STAFF.
UH, AND ALSO IT REFLECTED THE PERSONNEL POSITIONS AND WAS A BALANCED BUDGET AS REQUIRED BY BOARD POLICY.
UM, AND THE MILLAGE WAS APPROVED AT 125.6 MILLS.
WE PROPOSED AN INCREASE THIS YEAR AT 4.4, WHICH CREATED 130 MILLS.
UM, AND THEN AS, UH, I REPORTED BACK TO THE BOARD ON THE ROLLBACK, THE NEED FOR THE NEED FOR A LOWER MILLAGE DUE TO REASSESSMENT.
UM, AND THEN WE, UM, WERE INFORMED THAT WE NEEDED TO DO THREE READINGS WITH BEAVER COUNTY COUNCIL.
UH, AND SO WE WERE ULTIMATELY RECEIVED UNANIMOUS VOTES ON ALL OF THOSE WITH COUNCIL, AND WERE ABLE TO COMMUNICATE A MILLAGE OF 1 28, 1 0.8 MILLS, UH, AND SENT THAT OVER TO THE COUNTY AUDITOR, UM, MR. KAT, THE VERY NEXT DAY TO BE LOADED ONTO THE TAX BILLS, WHICH SHOULD BE GOING OUT WITHIN THE NEXT MONTH OR SO.
UM, SO, UH, SO THIS IS JUST A SUMMARY OF SORT OF THE, UM, WORK THAT WE DID ON THE BUDGET AND, UM, AND SOME OF OUR YEAR-END PROJECTED INFORMATION.
MR. HAY, I, MS. A AND, UH, MR. CAMPBELL, UH, DO YOU HAVE ANY QUESTIONS OR COMMENTS? I DON'T.
AND I HAD THANK YOU FOR THE OTHER EXPLANATION, BUT DIDN'T REALIZE I WAS ON MUTE AND TALKING TO MYSELF.
SO THANK YOU FOR EXPLAINING THE LAST PORTION
UH, CAN I GET A, UH, A MOTION, UH, FROM THE COMMITTEE TO RECOMMEND THAT WE, UH, HAVE THE FULL BOARD ACCEPT THE OPERATIONAL, EXPECT OPERATIONAL EXPECTATIONS,
[00:40:01]
FIVE, FINANCIAL PLANNINGMS. HAY, WOULD YOU MAKE A SECOND? ABSOLUTELY.
ARE THERE ANY, DI ANY DISCUSSION? HEARING NONE.
ALL THOSE IN FAVOR SIGNIFY BY SAYING AYE.
NEXT ITEM ON THE AGENDA IS THE QUARTERLY FINANCIAL REPORT FOR THE 12 MONTHS ENDED ON JUNE 30TH, 2023, MS. CROSBY? YES.
SO, UM, IN THE FIRST THREE QUARTERS OF THE YEAR, WE GIVE YOU A VERY EXTREMELY DETAILED, UH, QUARTERLY REPORT.
HOWEVER, THIS TIME OF YEAR, WE ARE BOTH CLOSING THE FISCAL YEAR, PREPARING FOR AUDITORS, GIVING THEM 300 LINE ITEMS OF, OF THAT THEY HAVE REQUESTED OF INFORMATION.
SO THIS COMBINED WITH THE QUARTERLY FINANCIAL REPORT, WE, WE CONVINCED THE FOURTH QUARTER IN ORDER TO GIVE YOU A SUMMARY OF THE INFORMATION, UM, DUE TO TIMING OF OUR STAFFING AT ALL OF THE WORK COMES DUE AT THE SAME TIME.
SO, UM, IT'S PROBABLY BETTER TO, FOR YOU ALL TO BE ABLE TO SEE IT AT THIS LEVEL, AND THEN WE CAN ALWAYS DRILL DOWN TO MORE DETAILS IF NEEDED.
UH, SO BASICALLY WE START OUT WITH A DISCUSSION ON THE EXECUTIVE SUMMARY OF, UH, JUST A, UM, BASICALLY THE GENERAL FUND REVENUES WE BEGIN WITH ALWAYS BEGIN WITH REVENUES.
UM, SO WE ARE ACTUALLY COLLECTING ABOUT 102.2%, UH, OF THE REVENUES THAT WERE BUDGETED, UH, WHICH IS A LITTLE, UM, TRENDING HIGHER, A LITTLE HIGHER THAN LAST YEAR.
UM, MOST OF THAT IS IN LOCAL PROPERTY TAX COLLECTIONS, WHICH ARE COMING IN AT 104.5%.
WE'RE ACTUALLY RECEIVING $8 MILLION MORE IN TAX REVENUE FOR THE FISCAL YEAR END THAN WE BUDGETED FOR.
SO, UM, SOME OF THAT WILL BE OFFSET BY SOME SHORTFALLS IN THE STATE REVENUE.
SO I'LL GO OVER THOSE IN JUST A MINUTE.
UM, SO WE, UM, WE DO STILL HAVE A, A SMALL AMOUNT OF, UH, TAX REVENUE THAT HAS TO BE ACCRUED BACK TO THE PRIOR FISCAL YEAR, BUT IT WILL BE RELATIVELY MINIMAL, I THINK A COUPLE HUNDRED THOUSAND ON DELINQUENT TAXES AND PENALTIES.
AND WE GET THAT INFORMATION AT THE VERY END OF SEPTEMBER.
SO WE DO HAVE SOME FINAL, UM, JOURNAL ENTRIES TO MAKE TO CLOSE THAT OUT.
UM, BUT WE DO HAVE TO RECORD 60 DAYS OF RECEIVABLES, UH, AT YEAR END BY STATE OR GOVERNMENTAL ACCOUNTING STANDARDS, I THINK IT IS.
UM, SO, UH, FROM STATE REVENUE PERSPECTIVE, UH, WE'RE ESTIMATED AT, UH, 104% OF THE FINAL BUDGETED AMOUNT.
UM, THE BIGGEST DIFFERENCE BEING IN STATE AIDED CLASSROOMS, WHICH IS NOW OUR PRIMARY FUNDING SOURCE, IS REALLY UNCERTAIN.
UH, YOU KNOW, WE USED TO HAVE E F A FUNDING.
THIS IS NOW THE E F A FUNDING FORMULA DUE TO THIS NEW FUNDING FORMULA.
SO THIS WAS OUR FIRST YEAR OF REALLY FIGURING OUT WHAT THEY WERE DOING, UM, HOW, AND NO ONE'S FIGURED OUT HOW TO CALCULATE IT, BUT
BUT, UH, WE'RE FIGURING OUT WHAT FUNDING SOURCES IT'S COMING INTO.
AND SO, UH, IT, IT, THIS IS AN ADJUSTMENT YEAR FOR US TO FIGURE OUT THAT BUDGET, AND SO WE'LL BE ABLE TO BE A LITTLE MORE ACCURATE AT THAT NEXT YEAR.
UM, AND ALSO FEDERAL REVENUES, UH, CAME IN A LITTLE ABOVE BUDGET AS WELL AT 101.1%.
UM, AND WE'LL SEE IT IN A SCHEDULE LATER ON.
BUT, UM, WE, WE DIDN'T MENTION HERE, BUT THERE ARE SOME TRANSFERS THAT COME INTO THE GENERAL FUND THAT WE WERE EXPECTING TO BE AT A MUCH HIGHER LEVEL.
THEY'RE TRANSFERS FROM E I A FUND, ANOTHER SPECIAL REVENUE FUND, AND THOSE ARE GONNA BE MUCH LOWER THAN EXPECTED THAN BUDGETED.
UM, BECAUSE OF THE ROLE, UM, THE, THE STATE ROLLED TOGETHER COLLAPSED SEVERAL SPECIAL REVENUE FUNDS, AND WE WERE UNCERTAIN AS TO WHICH POT IT WAS COMING IN ON.
AND SO WE'RE GONNA SEE SOME, UH, SOME OF THE REVENUE OVERAGES OFFSET BY, UH, SOME OF THAT, UH, LOWER, SOME OF THOSE LOWER TRANSFER ISSUES.
SO I'LL SHOW YOU THAT IN JUST A MINUTE.
SO EXPENDITURES ARE REPORTED AT 99.9%.
I THINK IF WE PUT THAT OUT ABOUT TWO MORE DECIMAL POINTS, IT WOULD STILL BE NINE, BECAUSE I THINK IT'S ACTUALLY 0.06% OF THE BUDGET IS WHAT WE UNDERSPENT.
IT'S $200,000 OF A $298 MILLION BUDGET.
I'VE NEVER BEEN THAT CLOSE, AND IT WAS QUITE SCARY
[00:45:01]
BUT WE DID A LOT WITH OUR BUDGET LAST YEAR.WE DID TAKE A LARGE AMOUNT OF SLIPPAGE, UM, THAT WE BUDGETED FOR.
SO THAT MEANS WE DIDN'T BUDGET QUITE A HUNDRED PERCENT FOR EVERY SALARY.
WE MIGHT'VE BUDGETED 95% OR 94%.
UM, IT WAS A LITTLE TOO CLOSE FOR COMFORT, SO WE DIDN'T QUITE USE THAT, ALL THAT SLIPPAGE IN THE CURRENT YEAR'S BUDGET.
UM, SO, BUT WE DID, UH, EXPEND ALMOST EVERY DIME OF THAT BUDGET.
SO, UH, IT IS THRILLING AND FRIGHTENING ALL AT THE SAME TIME.
UM, SO OUR SUPPORT PROGRAMS DID REPORT SPENDING AT 98, AND WE'RE GONNA, WE'RE GOING TO SEE IN OUR INSTRUCTIONAL BUDGETS, WHEN YOU SEE THE BUDGET REPORT, YOU'RE GOING TO SEE SOME OVERAGES IN, IN THE INSTRUCTIONAL AREAS.
WE DID NOT TRANSFER, UH, ANYTHING BECAUSE WE WEREN'T SURE HOW THE FINAL NUMBERS WERE GOING TO COME OUT.
UM, BUT WHEN YOU, WHEN WE REPORT OUT THE ANNUAL FINANCIAL REPORT, YOU WILL SEE THAT IT ALL, IT, IT WAS UNDERSPENT OVERALL.
UM, BUT THERE'S SOME AREAS THAT OVER AND SOME THAT ARE UNDER.
UM, SO AGAIN, THERE'S A CHART A AT THE BOTTOM OF THE SECOND PAGE OF THE SUMMARY THAT PROVIDES SOME OF THE SAME, UM, UH, DETAILS, SOME OF THE NUMERIC DETAILS.
AND BASICALLY, UM, THE AMOUNT VARIANCE COLUMN THAT'S SECOND FROM THE RIGHT SHOWS YOU THE TOTAL AMOUNT OF REVENUES THAT WE RECEIVED OVER BUDGET WAS SIX AND A HALF MILLION.
AND THAT WE CAME IN 201,000 UNDER BUDGET ON EXPENDITURES FOR A NET CHANGE IN FUND BALANCE OF $6.7 MILLION.
SO WE DID INCREASE FUND BALANCE.
AND THEN THE FINAL PAGE OF THAT JUST SHOWS WHAT THE ENDING BALANCE OF THE FUND BALANCE WILL BE, THE 63.8 MILLION UP FROM 57.
UM, SO WE DID HAVE, UM, UH, A $6.8 MILLION INCREASE.
THAT IS, UM, THE BE G F O A BEST PRACTICES RECOMMENDS NO LESS THAN 60 DAYS OF OPERATIONS.
UM, THIS IS MORE AT 78, SO WE'RE A LITTLE ABOVE THAT.
UM, AND WE HAVE, ONE OF THE MOST IMPORTANT THINGS IS THE FUND BALANCE.
ONE IS THAT, WELL, THERE ARE TWO THINGS.
ONE IS THAT WE DIDN'T HAVE TO BORROW A TAN THIS YEAR, AND THE COST OF LAST YEAR'S TAM WAS $126,000.
SO WE DON'T, WE WON'T INCUR THAT COST THIS YEAR.
AND THE SECOND THING IS OUR CREDIT RATING DEPENDS.
OUR, OUR, THE STABILITY OF OUR CREDIT RATING DEPENDS ON A HEALTHY GENERAL FUND FUND BALANCE.
EVERY YEAR THEY MAKE A COMMENT THAT WE ARE NOT QUITE AT THE LEVEL OF FUND BALANCE THAT OUR PEERS APPEAR TO BE.
UM, SO WE'RE MOVING IN THE DIRECTION OF MAKING THAT, UH, AA ONE CREDIT RATING MORE STABLE WITH AN INCREASED FUND BALANCE.
UM, SO JUST THE NEXT, UH, THE SCHEDULE A, UH, PROVIDES MORE DETAILS OF THE REVENUES.
UM, AND YOU'LL SEE, I'LL POINT OUT THE, UM, THE, AT THE NEXT TO THE BOTTOM LINE, THE BOTTOM LINE IS THE TOTAL REVENUE JUST ABOVE THAT IS TRANSFERRED IN.
THAT'S WHAT I WAS REFERRING TO.
SO IN THE UNAUDITED ACTUAL COLUMN, IT, UM, WE COLLECTED 4.6 MILLION THERE, BUT WE BUDGETED 12 MILLION.
SO THAT SEVEN AND A HALF MILLION DID OFFSET SOME OF THE EXCESS REVENUE TO BRING THAT DOWN A BIT.
UM, THE, UH, TAX REVENUE, UH, VARIANCE IT AND, AND WAS ABLE TO OFFSET IT, SET IT SOME, CAN I MAKE A ADDITION? UH, MS. HAY AND I, I KNOW, UH, EARL YOU, YOU REMEMBER THIS WHEN THE STATE CAME UP WITH THIS NEW FUNDING FORMULA, WE KNEW THAT WE WOULD TAKE A, TAKE A HIT.
AND WE KNEW, I THINK US AND WHAT FOUR, I BELIEVE IT WAS FOUR OTHER COUNTIES WERE TOLD IN ADVANCE THAT WE WERE GOING TO GET A REDUCTION IN THE FORMULA BECAUSE OF OUR RELATIVE WEALTH COMPARED TO OTHER COUNTIES IN THE, UH, STATE.
SO THIS WAS, THIS WAS ANTICIPATED.
WE DIDN'T KNOW HOW MUCH, BUT WE GOT PRETTY CLOSE IN, IN OUR, IN OUR ESTIMATION, YES.
BUT IT, IT MAKES IT LOOK KIND OF, KIND OF DIFFERENT THIS YEAR.
AND WE HAVE THIS, THIS BIG, UH, UH, DEFICIT IN TRANSFERS IN THE $7.495 MILLION.
BUT I, I THINK THAT OUR FINANCE DEPARTMENT DE DESERVES A WHOLE LOT OF CREDIT AND
[00:50:01]
BEING, UH, VERY, UH, ALMOST LIKE A CRYSTAL BALLNOW, NEXT YEAR, UH, WE SHOULDN'T HAVE THIS BECAUSE WE WILL HAVE MORE KNOWLEDGE ON HOW THE FORMULA WORKS.
AND, AND YOU WON'T SEE THIS, UH, DEFICIT IN, IN, UH, REVENUES IN FROM THAT PARTICULAR TRANSFER.
AND I, I WANNA POINT OUT ALSO, THERE'S A LINE UNDER THREE LINES DOWN IN THE STATE SECTION THAT SAYS STATE AGE CLASSROOM THAT REPLACED THE E F A FORMULA.
SO THAT $40 MILLION THAT WE RECEIVED WAS ABOUT 3 MILLION OVER BUDGET.
SO IF YOU TAKE THE TWO WE'RE OFFSET, IT WAS ABOUT, THE NET EFFECT IS ABOUT FOUR AND A HALF MILLION DOWN.
UM, SO THAT STATE AIDED CLASSROOMS IS THE MAIN, THE PRIMARY NEW FORMULA.
SO YES, WE SHOULDN'T SEE THESE MAJOR VARIANCES NEXT YEAR ONCE WE, NOW WE HAVE A HANDLE ON HOW THE FORMULA'S WORKING.
AND THEN, UM, THE NEXT PAGE JUST BREAKS IT DOWN A LITTLE DEEPER.
UM, MORE DETAIL INTO INSTRUCTIONAL AND, UM, AND SUPPORT AND OTHER SERVICES CATEGORIES, LOCAL, STATE, AND FEDERAL REVENUES.
IT'S, THIS IS JUST A SUMMARY OF, OF EVERYTHING, UM, FROM THE, UM, IN TOTAL, WHICH INCLUDES THE FUND BALANCE INFORMATION AT THE BOTTOM.
SO I NOT REALLY GOING NEED TO GO INTO MUCH DETAIL THERE.
I THINK THE NEXT PAGE IS PROBABLY MORE IMPORTANT, AND THAT IS A SUMMARY OF ALL FUNDS, UM, FOR THE SCHOOL DISTRICT.
SO, UH, THIS IS, UM, SO THIS DEMONSTRATES ALL OF THE FUNDING SOURCES OF THE DISTRICT IN SORT OF ONE SNAPSHOT, WHICH I ACTUALLY LOVE THIS.
SO I CAN SEE THE BIG PICTURE OF EVERYTHING THAT WE DO.
UM, IN TOTAL, WE HAVE $477 MILLION OF REVENUES OF ALL OF OUR FUNDING SOURCES BETWEEN THE GENERAL FUND.
UM, UM, MS. MATTSON HERE MANAGES THE SPECIAL REVENUE AND E I A FUNDS 54 MILLION AND 9 MILLION OF REVENUES.
UH, WE HAVE A CAPITAL PROJECTS UNDER, UH, JENNIFER HAMLIN HERE.
SHE MANAGES THE, BOTH THE GENERAL FUND BUDGET AND THE CAPITAL PROJECTS BUDGET.
WE, UH, HAD $11 MILLION OF, OF REVENUES PLUS SOME, UH, BOND ISSUES AT THE BOTTOM.
DEBT SERVICE IS ALL OF THE REVENUES THAT COME IN FROM TAXES FOR, TO PAY OFF OUR DEBTS.
SO THOSE JUST PRIMARILY PAY FOR OUR PRINCIPAL AND INTEREST PAYMENTS.
INTERNAL SERVICE FUND IS OUR WORKERS' COMP.
WE'RE SELF-INSURED FOR WORKERS' COMP.
SO WE MANAGE ALL OF OUR WORKERS' COMP CLAIMS THROUGH THERE.
THE FOOD SERVICE FUND IS ABOUT A $12 MILLION OPERATION.
IT IS SEPARATED AS WELL, UM, HAS, ITS ALL ITS OWN RULES AND U S D A REVENUES THE PRIMARY SOURCE THERE.
AND THEN STUDENT ACTIVITY FUNDS.
AND THOSE ARE THE CLUB FUNDS AND THE ATHLETIC FUNDS AND VARIOUS POTS THAT AT THE SCHOOL LEVEL THAT THEY HAVE CONTROL OVER.
SO THIS GIVES A GREAT SNAPSHOT DISTRICT-WIDE OF ALL OF OUR REVENUES, EXPENDITURES, AND FUND BALANCES.
UM, AND SO AT, AT SNAPSHOT AT JUNE 30TH, UM, SO WITH THAT, THAT SHOWS THAT WE ARE A HALF A BILLION DOLLAR A YEAR BUSINESS.
AND THAT IS, UH, PROBABLY AT LEAST DOUBLE, PROBABLY MORE THAN DOUBLE OF WHAT THE COUNTY BUDGET IS.
THAT IS ALSO PROBABLY ON, UH, I KNOW IT IS PROBABLY MORE THAN WHAT PARIS ISLAND, UH, SPENDS EVERY YEAR.
IT'S PROBABLY NOT AS MUCH AS THE AIR STATION SPENDS 'CAUSE THEY GOT EXPENSIVE STUFF, UM,
UM, BUT OUR, BY FAR, OTHER THAN MAYBE THE AIR STATION, THE, THE BIGGEST COMPANY AS FAR AS EXPENDITURES AND, UH, REVENUES OF ANY OTHER ENTITY IN THIS COUNTY.
AND I, I THINK A LOT OF TAXPAYERS AND PUBLIC DO NOT UNDERSTAND THAT.
BUT THAT'S, THOSE ARE THE FACTS THERE.
ANY QUESTIONS? UH, MS. HAY OR, OR, OR MI MR. CAMPBELL? NO, I DON'T HAVE ANY.
UH, WOULD LIKE, UH, TO RECOMMEND TO THE COMMITTEE THAT, UH, THIS BRIEFING BE GIVEN TO THE FULL BOARD, UH, AT OUR NEXT, UH, BOARD
[00:55:01]
MEETING? ANY OBJECTION? NONE.THE NEXT ITEM ON THE AGENDA IS THE FOURTH CORE.
IS IT MINORITY WOMEN OWNED BUSINESS ENTERPRISE REPORT.
I'M GONNA TURN THIS ONE OVER TO KAYLEE.
THIS IS THE SEMI-ANNUAL SOLE SOURCE EMERGENCY PROCUREMENT MINORITY WOMEN BUSINESS ENTERPRISE ENTERPRISE REPORTING, UM, FOR THE BOARD.
SO AS REQUIRED BY BOARD POLICY O E 6.2, WE HAVE TO REPORT EVERY SIX MONTHS ON A SEMI-ANNUAL PROGRESS OF THE EFFORT TO MEET THE BOARD'S GOAL.
AND THIS IS OUR FIRST SEMI-ANNUAL GOAL OF 10% REDUCED TERM 20 IN THE PREVIOUS FISCAL YEAR, UM, DUE TO US ADOPTING OUR NEW PROCUREMENT CODE.
SO, UM, FOR THE DATA WE EXTENDED $128,462,515.
THAT'S THE CONTROLLABLE BUDGET FUNDS EXPENDED FOR THE CONTROLLABLE BUDGET.
UM, THE GOAL ESTABLISHED WAS 10%, WHICH OUR GOAL IS $12,846,251 AND 50 CENTS.
UM, OF THAT, THE TOTAL DOLLARS EXTENDED AWARDS TO CERTIFIED MINORITY WOMEN BUSINESS WAS $452,785 25 CENTS, WHICH IS ONLY ABOUT 0.35% OF THE CONTROLLABLE BUDGET.
BUT TO THE NON-CERTIFIED MINORITY WOMEN BUSINESS ENTERPRISE, IT WAS 10,000,160 624076 CENTS, WHICH WAS ABOUT 7.86% OF OUR CONTROLLABLE BUDGET.
SO IN TOTAL, WE SPENT, UH, ABOUT 10 AND A HALF MILLION, WHICH, UM, EQUATED TO ABOUT 8.2, UM, 2% OF THE CONTROLLABLE BUDGET WITH OUR GOAL BEING 10%.
UM, WE PUT OUT EIGHT SOLICITATIONS FOR GOODS AND SERVICES, OR PER CONSTRUCTION AND RENOVATION, AND THAT ALSO INCLUDES ARCHITECTS.
UM, FOR OUR ANNUAL MINORITY EXPENDITURES, UH, 259,000 WERE FOR MINORITY.
AND 192,000, ALMOST 193,000 IS FOR WOMEN.
AND THAT MADE UP OUR CERTIFIED MINORITY WOMEN BUSINESS.
UM, TOTAL CERTIFIED MINORITY VENDORS, FIVE, AND THE TOTAL CERTIFIED WOMEN VENDORS OF THREE.
SO, UM, CURRENTLY ONLY EIGHT OF OUR VENDORS, WHICH THE LIST IS EXTENSIVE FOR OUR NON-CERTIFIED AND CERTIFIED MINORITY.
AND, UM, WOMEN OWNED BUSINESSES ONLY EIGHT ARE CERTIFIED.
UM, AS YOU CAN SEE ON THE BACK FOR THE PERCENTAGES AND GOALS, EVEN THOUGH WE REDUCED OUR GOAL FROM 20% TO 10%, UM, FOR THE, UM, THE, FOR THE NEW PROCUREMENT CODE, FOR OUR GOAL, WE ARE STILL TRENDING UP, UM, SINCE 2021.
SO EVEN THOUGH WE'VE REDUCED OUR GOAL, WE ARE STILL TRENDING UP, UM, OURSELVES.
SO, UM, WITH THAT, WE KNOW HOW IMPORTANT IT'S TO STILL ENGAGE THE COMMUNITY AND STILL TRY AND GET OUR VENDORS TO BECOME CERTIFIED MINORITY WOMEN BUSINESS.
UM, WE ARE STILL PROMOTING THE, WORKING WITH THE BEAUFORT COUNTY SCHOOL DISTRICT VENDOR HANDBOOK.
UM, WE STILL DO LOCAL NEWSPAPER AND RADIO ADVERTISING SEMI-ANNUALLY IN FEBRUARY AND AUGUST WITH INFORMATION ABOUT PROPOSED PROJECTS.
UM, IN THE SPRING OF 2023, THEY SCHEDULED A MINORITY VENDOR FAIR FOR CONTRACTORS HIRED.
AND THEN, OF COURSE, UM, AMAZING OUTREACH BY C D R A HUIE, WHICH IS OUR PROJECT MANAGEMENT COMPANY.
UM, AND WE ALSO POST OPPORTUNITIES ON OUR WEBSITE.
AND ALSO WITH, UM, OUR THRESHOLDS INCREASING, YOU'VE NOTICED THAT OUR SOLE SOURCE AND EMERGENCY PROCUREMENT LIST HAS SHRUNK BECAUSE, UM, EMERGENCY PROCUREMENT OR SOLE SOURCE DOESN'T, WELL, DOESN'T QUALIFY IN EITHER OF THOSE CATEGORIES THAT THE EXPENDITURE IS UNDERTONE A THOUSAND.
SO, UH, P C S REVENUE WAS OUR ONLY SOLE SOURCE THAT IS OUR POINT OF SALE SYSTEM WITH OUR FOOD SERVICE COMPANY.
UM, SO RIGHT NOW IT'S PROPRIETARY.
AND, UM, SO THAT WAS SOLE SOURCE AT THE TIME.
AND, UH, AGAIN, EMERGENCY PROCUREMENTS, SERVPRO AND QUALITY ELECTRICAL SYSTEMS, ALL OF THOSE WERE, UM, HEALTH, LIFE OR SAFETY, UM, AT THREE DIFFERENT LOCATIONS, UM, OR TWO DIFFERENT LOCATIONS.
BEAUFORT MIDDLE AND FUSIA ISLAND ELEMENTARY SCHOOL.
AND THAT OCCURRED, UM, OVER THE THIRD AND FOURTH QUARTER.
SO, ANY QUESTIONS? UM, MS. HAY OR MR. UH, CAMPBELL? NO, I DON'T HAVE ANY.
UH, ONE THING I'D LIKE TO ASK YOU TO DO, UM, THERE'S BEEN A CHANGE IN LEADERSHIP AT THE BEAUFORT COUNTY BLACK CHAMBER OF COMMERCE.
UM, I WOULD RECOMMEND MS. CROSBY THAT YOU OR REPRESENTATIVE MAKE AN OFFICE CALL WITH HER.
UH, LET HER KNOW, UH, OF OUR GOALS AND ASK FOR THEIR ASSISTANCE
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IN HELPING US ACHIEVE OUR GOALS.AND, YOU KNOW, THE PREVIOUS, THE PREVIOUS, UH, DIRECTOR KNEW OF THIS.
I THINK THIS NEW PERSON MIGHT BE A LITTLE BIT MORE AGGRESSIVE AND, UH, HELPING US, UH, GET SOME OF THESE, UH, FOLKS INVOLVED IN OUR, UH, CONTRACTING SERVICES.
SO IF YOU COULD DO THAT, I WOULD APPRECIATE IT.
UM, DO YOU KNOW IF THE EMAIL ADDRESS FOR THE PRESIDENT IS, IT'S ALWAYS BEEN PRESIDENT OF DAVE BROCK CHAMBER OF COMMERCE, IF THAT'S A STANDARD EMAIL ADDRESS THAT THEY HAVE? I, I'M NOT SURE.
I WOULD, THAT'S WHO I'VE BEEN IN CONTACT WITH.
I, BUT HAVE A, HAVE A FACE TO FACE WITH HER, UH, DO, UH, PRESIDENT, UM, THAT WE GOTTA, WE GOTTA DO BETTER IN THIS ARENA.
UH, ANY OTHER QUESTIONS OR COMMENTS ON THE AGENDA, UH, BEFORE WE GO TO FUTURE TOPICS? HEARING NONE, UH, DO WE HAVE FUTURE TOPICS, MS. HAY? I DO NOT HAVE ANY.
UH, MR. CAMPBELL, SORRY, HE THAT AT THIS TIME.
UH, MR. SMITH, DO YOU HAVE ANY FUTURE TOPIC? UH, ACTUALLY I WAS LOOKING FORWARD, I THOUGHT THAT YOU SAID AT THE BOARD MEETING THAT WE WERE GOING TO GO OVER THE, UM, THE, THE EXPENSES, EXPENDITURES OF THE, OF, OF OUR LEGAL DEPARTMENT.
BUT, UM, YEAH, I, I LOOKING FOR, I WAS LOOKING FOR THAT.
SO WHAT I WOULD ASK AT THIS TIME IS THAT IF WE CAN GET A, A UNDERSTANDING FROM 2014 TO A CURRENT, UM, HOW MANY, HOW, HOW, WHAT HAVE, WHAT HAVE THE DISTRICT AS A WHOLE SPENT ON, ON OUR, ON OUR LEGAL ATTORNEY, ANY ATTORNEY FEES FROM 2014 UNTIL, UNTIL CURRENT UNTIL 2023.
I'M SURE, I'M SURE WE CAN GET THAT INFORMATION AND WE'LL HAVE IT AT THE, UH, AT THE NEXT, UH, COMMITTEE MEETING.
I, I ASKED AND ASKED MS. CROSBY TO DO A STUDY TO SHOW BY SCHOOL THE TOTAL COST OF OPERATION TO INCLUDE SALARIES, BENEFITS, UH, MAINTENANCE, UTILITIES, AND SO ON.
AND A BOTTOM LINE FIGURE IS COST PER STUDENT PER SCHOOL.
SO WE WOULD GET A BREAKOUT BY THE DIFFERENT FUNDING CYCLES AND THEN GO TO I S D AND GET THE, UH, HEADCOUNT AND GIVE US A COST PER STUDENT, UH, WHAT IS IT COST FOR ONE STUDENT AT MOSSY OAKS ELEMENTARY AT CUSA ELEMENTARY, AND SO ON.
AND PROVIDE THAT, UH, TO THIS COMMITTEE, UH, BY THE FIRST FINANCE COMMITTEE MEETING IN NOVEMBER, AND THEN TO GO TO THE BEFORE BOARD, EITHER THE SECOND, SECOND, UH, MEETING IN, IN NOVEMBER 2ND SCHOOL BOARD MEETING.
DO I HAVE A, I HAVE NO FURTHER, UH, ITEMS ON THE AGENDA.
DO I HAVE A MOTION TO ADJOURN? SO MOVE MR. CHAIR.
YOU'VE BEEN MOVED AND SECONDED.
ALL IN FAVOR SIGNIFY BY SAYING AYE.