CAT Tracks for June 25, 2012

CAT Tracks for June 25, 2012

The Cairo School District Financial Oversight Panel held its regular meeting on Monday, June 25th at 11:00 a.m. in the Board Room of the District's Central Office.

Below...

...the "minutes":

1. Call to Order - 11:02 a.m.

2. Roll Call - All Present (CEO/Interim Superintendent Justin M. Miller, Superintendent-in-Waiting Andrea Evers, two of the Financial Advisers, and two ISBE representatives were also present.)

3. Comments from the Public - Justin Miller used this time to introduce the District's new bookkeeper, Janiece Blake.

4. Approval of Minutes - One correction...the minutes incorrectly listed the new superintendent hired as Andrea Evans (the FOP member) instead of Andrea Evers. Motion made, seconded, and passed to approved the minutes as amended.

5. Executive Session - The FOP voted to enter closed session at 11:04 a.m. The FOP voted to exit closed session at 12:02 a.m.

6. Consideration of the Actions taken by the BOE on June 21st:

a. Approve Treasurer's Report
b. Approve Payment of Bills and Payroll
c. Approve Amended Budget for FY12
d. Approve Settlement Offer for Pending Litigation

A motion was made, seconded, and passed (unanimously) to approve "Action Items #1-4".
7. FOP Meeting Dates for FY13 - The FOP will continue to meet on the Monday following the Regular BOE Meeting at 11;00 a.m. Two exceptions: The December 24th meeting was changed to Friday December 21st at 11:00 a.m. (due to the Christmas Break.) The BOE intends to hold it's November meeting on November 8th instead of the third Thursday of the month due to a planned conference. So, the FOP will meet the following day...Friday, November 9th at 11:00 a.m. A motion was made, seconded, and passed to approved the FOP meeting dates as amended.
8. Approve FOP Budget for FY13 - Motion made, seconded, and passed.
9. Status of District's Finances - Justin Miller made a brief report. Justin also reported that HWSRN called him and informed him that Title I would be cut 10% in the coming year. (ISBE Representative nodded her head in the affirmative as Justin relayed the oral missive from HWSRN.) Justin reported that he anticipated that the District would run the same deficit in FY13 as it did in FY12...$400,000+. (See the Regular BOE Minutes for the exact number. Still a lazy cat!)
10. Monthly Progress Report - In line with anticipation.
11. New/Other Business - ISBE Representative Debbie Vespa used this time to thank Dr. Andrea Evans for her service on the Cairo Financial Oversight Panel. This was her last meeting.
12. Adjournment - A motion was made, seconded, and passed to adjourn at 12:15 p.m.