April 4, 2017 at 11:00 AM - Finance, Audit, and Budget Committee Meeting
| Regular Board | |
| Attendance Taken on 4/4/2017 at 11:00 AM | |
| Paul Calvert | Present |
| Geraldine Erickson | Present |
| Mowinkel ESU 08 | Present |
| Tedesco ESU 11 | Absent |
| Dr. Dan Schnoes (NE) | Present |
| Liz Standish | Absent |
| Jeff West (NE) | Absent |
| Present: 4, Absent: 3 | |
| Regular Board | |
| Attendance Taken on 4/4/2017 at 11:08 AM | |
| Paul Calvert | Present |
| Geraldine Erickson | Present |
| Mowinkel ESU 08 | Present |
| Tedesco ESU 11 | Present |
| Dr. Dan Schnoes (NE) | Present |
| Liz Standish | Absent |
| Jeff West (NE) | Absent |
| 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 11:00 AM. Staff: David Ludwig, Deb Hericks, Priscilla Quintana |
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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 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 claims, financials statements and assets for the month of March.
Attachments:
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3.2. 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 the expenses for the month.
Attachments:
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3.3. Monthly Staff Budget Meeting
Speaker(s):
Committee Chair Schnoes
Agenda Item Type:
Information Item
Discussion:
Committee chair shared discussions in the monthly budget meeting.
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3.4. Innovative Grant Budget
Speaker(s):
Executive Director Ludwig
Agenda Item Type:
Information Item
Discussion:
Executive Director shared the Innovative Grant budget. We can begin requesting funds for work done after February 4, 2017. He also shared those areas that will help offset costs in regular budget. The FAB committee will continue to discuss the sustainability of projects listed in the grant.
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3.5. Coop Budget
Speaker(s):
Executive Director Ludwig
Agenda Item Type:
Information Item
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3.5.1. Admin Fee VS Revenue
Speaker(s):
Executive Director Ludwig
Agenda Item Type:
Information Item
Discussion:
Executive Director discussed that the COOP Committee is currently discussing Admin Fees and possibility of lower those fees. FAB Committee needs to discuss the financial strains that this may cause and do we continue to supplement the program. The vendors started to go down after the transition to ESM and direct delivery. Vendors were not able to honor the direct delivery to buildings therefore loss of vendors. Paper Buy could be lower due to the fact that schools are doing more digitally than copying. Staff salaries were discussed that are included within COOP. The revenue stream was also cut were we moved to direct ship. Schools do not pay admin fees, the vendors pay the admin fees. Need to continue to discuss on how to make the Coop Project sustainable.
Attachments:
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3.6. ESUCC State Audit
Speaker(s):
Committee Chair Schnoes
Agenda Item Type:
Information Item
Discussion:
Executive Director shared the state audit report, we will vote to accept next month.
Attachments:
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3.7. Approve Spectrum Business invoices (NASB internet/phone service)
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 discussed the Spectrum Buisness.
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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
Action(s):
No Action(s) have been added to this Agenda Item.
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