May 22, 2025 at 6:30 PM - Finance Committee Meeting
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1. CALL TO ORDER/ROLL CALL
Description:
FINANCE COMMITTEE MEMBERS
Peter D. Theodore (BOE), Chair Jay Oleniczak (BOE), Co-Chair John P. Vranas (BOE) Michael Bartholomew, Community Member Adam Kriticos, Community Member Steven Pawlow, Community Member ADMINISTRATORS/STAFF Dr. David L. Russo, Superintendent of Schools Dr. Dominick M. Lupo, Assistant Superintendent for Curriculum and Instruction Courtney Whited, Business Manager/CSBO Jordan Stephen, Director of Technology |
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2. AUDIENCE TO VISITORS
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3. APPROVAL OF MINUTES
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3.a. Finance Committee Meeting Minutes - MARCH 20, 2025
Description:
Motion by member:________________ Seconded by:____________________
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3.b. Finance Committee Meeting Minutes - APRIL 17, 2025
Description:
Motion by member:________________ Seconded by:____________________
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4. INFORMATION/DISCUSSION: FUND BALANCE REPORT
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4.a. Fund Balance Report - MARCH 2025
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5. OLD BUSINESS
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6. NEW BUSINESS
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6.a. INFORMATION/DISCUSSION/ACTION: Donation from ROSE Foundation
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6.b. INFORMATION/DISCUSSION/ACTION: Donation from ROSE Foundation to Rutledge Hall
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6.c. INFORMATION/DISCUSSION/ACTION: 2025-26 Collective Liability Insurance Cooperative (CLIC) Property/Casualty and Fiduciary Liability Insurance Renewal
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6.d. INFORMATION/DISCUSSION/ACTION: FY26 Workers’ Compensation Insurance Coverage from IPRF
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6.e. INFORMATION/DISCUSSION: Fiscal Year 2026 Preliminary Budget Assumptions
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7. INFORMATION/DISCUSSION: District Purchasing Update(s) - Dr. David L. Russo, Dr. Dominick M. Lupo, Jordan Stephen
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7.a. BrainPop for 2025-2026
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7.b. Finalsite for 2025-2026
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7.c. PowerSchool SIS for 2025-2026
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7.d. PowerSchool Enrollment for 2025-2026
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7.e. Schoology for 2025-2026
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7.f. SeeSaw for 2025-2026
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7.g. Newsela for 2025-2026
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7.h. Alternative Learning Opportunities Program (ALOP)
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7.i. PLTW for 2025-2026
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8. INFORMATION/DISCUSSION: District Finance Update - Courtney Whited, Business Manager/CSBO
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8.a. IGS, the District’s electricity supplier, prepared estimates for the upcoming capacity rate increase that ComEd will be passing along to its customers, both residential and commercial. SD74 can expect this portion of the monthly bill to increase sevenfold starting next month.
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8.b. The Chicago Tribune posted news about the likelihood that August property tax bills will arrive late due to a snag between the Cook County Assessor’s Office and Tyler Technologies. No exact date for the mailing has been announced.
https://www.chicagotribune.com/2025/05/12/cook-county-property-tax-bills-likely-to-be-delayed/ |
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9. RECESS INTO CLOSED SESSION
Description:
I move that the Lincolnwood School District 74 Finance Committee recess into Closed Session for the purposes of: 5 ILCS 120/2(c)(6) - the setting of a price for sale or lease of property owned by the public body.
Motion by member:_________________ Seconded by:________________ |
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10. ADJOURNMENT
Description:
Motion by member: _______________ Seconded by: ________________
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