January 29, 2006
Finance and Operations Committee Update
It’s been awhile since the last update. So here’s what the Finance and Operations Committee has been doing and will be doing in the near future…
The last meeting of the Sub-Committee on Advertising will take place on February 8th (hopefully). The results will be shared with the board soon after. Unfortunately, because of the winter break/holiday season, scheduling conflicts and religious holidays this committee could finish its charge until now. I’m very hopeful that the recommendations will be helpful to the district to identify new revenue sources.
On January 4, 2006 the Board heard from Ken Syke regarding the topic of “Better Communication with the public”. This topic stemmed from a F&O committee meeting on June 13th. A communications matrix was developed by district staff and given to board members regarding things the district was doing now and possibilities of future communication vehicles. Attached is the information.
On Tuesday January 17th, 2006, the F&O Committee heard from auditors regarding the 2004-05 school district audit. The committee also heard of proposals for cell towers on district property and referred it to the entire school board for review. Many school districts are receiving compensation for having cell antennas on schools or fixtures. Again, this is another revenue generating venture.
On Monday February 6th, the F&O committee will receive reports on the $100 Budget process, construction costs (they’re rising surprise, surprise), shared costs (the district will split the revenue with individual schools who save on utility bills), recycling report, and a 5-year budget forecast.
Upcoming topics/committee goals but unscheduled:
1. Review of State and Federal Mandates
2. Board Members suggestions to the management team i.e.
a. increasing class sizes in certain areas
b. increase in fees*
c. suggest changes in curriculum or how its delivered
Posted by Johnny Winston, Jr. at 6:46 AM