April 13, 2016 at 1:00 PM - Finance, Audit, and Budget Committee Meeting
| Regular Board | |
| Attendance Taken on 4/13/2016 at 1:06 PM | |
| Paul Calvert | Absent |
| Mowinkel ESU 08 | Present |
| Tedesco ESU 11 | Present |
| Radford ESU 17 | Present |
| Dr. Dan Schnoes (NE) | Present |
| Liz Standish | Present |
| Jeff West (NE) | Present |
| Present: 6, Absent: 1 | |
| Minutes | |
|---|---|
|
1. Call to Order
Speaker(s):
Committee Chair Schnoes
Agenda Item Type:
Information Item
Discussion:
Call to order at 1:06 PM.
Staff: David Ludwig, Deb Hericks, Priscilla Quintana
|
|
|
2. Roll Call
Speaker(s):
Committee Chair Schnoes
Agenda Item Type:
Procedural Item
|
|
|
3. Agenda Item
Speaker(s):
Committee Chair Schnoes
Agenda Item Type:
Information Item
|
|
|
3.1. Approve Claims, Financials Statements, and Assets for Month of March
Speaker(s):
Committee Chair Schnoes
Agenda Item Type:
Action Item
Action(s):
No Action(s) have been added to this Agenda Item.
Discussion:
Committee Chair reviewed the financial statements for the month of March. We continue to review and adjust the Project Summary. Committee Chair reviewed those changes.
Attachments:
()
|
|
|
3.1.1. Approval of March Expenses to be paid in April.
Speaker(s):
Committee Chair - Schnoes
Agenda Item Type:
Action Item
Action(s):
No Action(s) have been added to this Agenda Item.
Discussion:
Committee Chair reviewed expenses are from period Mar 4, 2016 - April 8, 2016. The amount to be approved is $196,151.72.
Attachments:
()
|
|
|
3.2. Monthly Staff Budget Meeting
Speaker(s):
Committee Chair Schnoes
Agenda Item Type:
Information Item
Discussion:
Monthly budget meeting notes and reports are attached.
Attachments:
()
|
|
|
3.3. ESUCC Audit
Speaker(s):
Committee Chair Schnoes
Agenda Item Type:
Information Item
Discussion:
Executive Director discussed the state audit which is finalizing. Draft copy of the audit report attached.
|
|
|
3.3.1. State Audit
Speaker(s):
Committee Chair - Schnoes
Agenda Item Type:
Information Item
Discussion:
Executive Director reviewed the responses to finding and corrections we plan to implement.
Attachments:
()
|
|
|
3.4. Unico Insurance Policy Review
Speaker(s):
Committee Chair - Schnoes
Agenda Item Type:
Information Item
Discussion:
Executive Director reviewed a meeting with Tom Champoux and Vickie Roth, Unico on March 29, 2016 to review the current ESUCC Insurance Policy. A proposal for additional updated coverage will be forward when received with possible action scheduled for the May 2016 meeting.
|
|
|
3.5. MSA Funding Formula
Speaker(s):
Committee Chair - Schnoes
Agenda Item Type:
Information Item
Discussion:
Executive Director discussed the proposed funding formula. Committee will continue to discuss changes in MSA.
|
|
|
3.6. NE Department of Revenue (AG Land Value)
Speaker(s):
Committee Chair - Schnoes
Agenda Item Type:
Information Item
Discussion:
Executive Director shared the NE Department of Revenue for AG land value. The new data should be released soon.
|
|
|
4. Next Meeting Agenda Items
Speaker(s):
Committee Chair Schnoes
Agenda Item Type:
Information Item
|
|
|
5. Executive Session
Speaker(s):
Committee Chair Schnoes
Agenda Item Type:
Information Item
|
|
|
6. Adjournment
Speaker(s):
Committee Chair Schnoes
Agenda Item Type:
Action Item
Action(s):
No Action(s) have been added to this Agenda Item.
|
