X

Minutes

FINANCE COMMITTEE MEETING

April 2, 2018

6:30 p.m.

 

Committee Members Present:  Jason Bersani, Chair; Edward Hastings, Kati McCormick 

 

Board Members Present:  Christopher Clarke, Tom Connors, Pia Holmes

 

Administrators Present:  James Anastasio, Donna Madore, Kathy Casparius, Teresa Beaudoin, Kim Silsby

 

 

  1. Budget Process – Discussion

 

Edward Hastings, Board Chair, thanked everyone for their hard work on the budget.  He said the new pivot tables were very helpful.  He said what would have been beneficial during the budget development process was a better understanding of why some budget lines had increased/decreased significantly, the turmoil during budget meetings could have been reduced.

Mr. Anastasio reminded board members that the school department is presenting the budget and answering questions at the city council meeting next Monday, April 9 at 6:30 p.m.  Mr. Hastings is spokesperson for the board and will do an overview. Kathy Casparius said she was asked to provide a year-to-date budget report to the council.

 

Pia Holmes asked about the district’s EPS funding from the city.  Mr. Anastasio believes if the council approves the budget the board has submitted, it’s assumed they will have met the requirement for EPS. Because above or below EPS is an unusual calculation we will not know for sure until the DOE releases that information.

 

There was some discussion regarding starting the budgeting process earlier and how board goals affect the budget.

 

2.  MLTI Grants – Benefits/Costs

 

Donna Madore, Assistant Superintendent, contacted the Department of Education regarding MLTI Grants.  One of the criteria for applying for the grants is to offer staff training and development in integrating technology into their curriculum.  The committee recommended moving ahead with the grant application.

 

Meeting adjourned at 7:16 p.m.