April 14, 2026 at 5:00 PM - Finance Committee Meeting
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A. Topics for Discussion
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A.1. Food Service Management Company Renewal (Att. pp 1-7)
Recommended Motion(s):
Move to the Full Board for Approval.
Discussion:
Mr. Perry explained the renewal projects a profit of approximately $19K and the District continues to have positive ‘net cash resources’ when completing the annual Child Nutrition Financial Report. The Committee discussed ongoing student lunch debt, and Ms. Cowell explained that profits generated by the food service operation are not allowed to offset student lunch debt.
Description:
Mr. Perry reminded the Committee that the mandatory RFP for the FSMC is required every five years, and the District is permitted to complete annual renewals for four additional years. The 2026-27 contract will be year three of the cycle. Mr. Perry noted the proposed renewal keeps meals prices the same as the current year and reflects the continuation of universal free breakfast, as this was included in Governor Shapiro’s Commonwealth Budget proposal.
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A.1.a. 2026-27 Meal Prices
Recommended Motion(s):
Move to the Full Board for Approval.
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A.2. Fund Balance Transfers/Commitments (Att. pp. 8-10)
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A.3. 2026-27 General Fund Budget (Att. pp. 11-13)
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A.3.a. Budget Summary
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A.3.b. Millage Scenarios
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A.4. 2025-26 Finance Committee Meeting Dates
Description:
Wednesday, May 20, 2026
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This is a public meeting.