May 3, 2016 at 8:30 AM - Finance, Audit, and Budget Committee Meeting
| Regular Board | |
| Attendance Taken on 5/3/2016 at 8:33 AM | |
| Paul Calvert | Present |
| Mowinkel ESU 08 | Present |
| Tedesco ESU 11 | Absent |
| Radford ESU 17 | Present |
| Dr. Dan Schnoes (NE) | Present |
| Liz Standish | Absent |
| Jeff West (NE) | Present |
| Present: 5, Absent: 2 | |
| Minutes | |
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1. Call to Order
Speaker(s):
Committee Chair Schnoes
Agenda Item Type:
Information Item
Discussion:
Call to order at 8:34 AM.
Staff: David Ludwig, Deb Hericks
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2. Roll Call
Speaker(s):
Committee Chair Schnoes
Agenda Item Type:
Procedural Item
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3. Agenda Item
Speaker(s):
Committee Chair Schnoes
Agenda Item Type:
Information Item
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3.1. Approve Claims, Financials Statements, and Assets for Month of May
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 unreconciled project summary for the month. The monthly budget meeting will be held after bank statements received and reconciled for the month. Final reports will be approved at the July meeting.
Attachments:
()
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3.2. Approval of April Expenses to be paid in May
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 April expenses to be paid in May.
Attachments:
()
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3.3. Approval of June, July, August Claims as approved by Executive Director
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 recommends to give the Executive Director approval to pay expenses in June, July, August Claims. ESUCC Board will approve these expenses and the next possible board meeting.
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3.4. Approve Staff Salaries
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 and Executive Director discusses the staff increases for 2016-2017.
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3.5. Monthly Staff Budget Meeting
Speaker(s):
Committee Chair Schnoes
Agenda Item Type:
Information Item
Discussion:
Monthly budget meeting will be held once all statements and financials have been reconciled.
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3.6. Approve Final Audit Report for September 1, 2014 - August 31, 2015
Speaker(s):
Committee Chair - Schnoes
Agenda Item Type:
Action Item
Action(s):
No Action(s) have been added to this Agenda Item.
Discussion:
The final audit report has been received. The Federal Single Audit was submitted on Monday, May 2, 2016.
Attachments:
()
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3.7. Unico Insurance Policy Review
Speaker(s):
Committee Chair - Schnoes
Agenda Item Type:
Information Item
Discussion:
Executive Director is still waiting for the updated policy to review. He will share it will the FAB Committee once it is received for review.
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3.8. MSA Funding Formula
Speaker(s):
Committee Chair - Schnoes
Agenda Item Type:
Information Item
Discussion:
Discussion tabled.
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4. Next Meeting Agenda Items
Speaker(s):
Committee Chair Schnoes
Agenda Item Type:
Information Item
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5. Executive Session
Speaker(s):
Committee Chair Schnoes
Agenda Item Type:
Information Item
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6. Adjournment
Speaker(s):
Committee Chair Schnoes
Agenda Item Type:
Action Item
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