Projector: May 21, 2026 at 6:30 PM - Finance Committee Meeting

Meeting Agenda

1. CALL TO ORDER/ROLL CALL

2. AUDIENCE TO VISITORS

3. APPROVAL OF MINUTES

3.a. Finance Committee Meeting Minutes - APRIL 23, 2026

4. INFORMATION/DISCUSSION: FUND BALANCE REPORT

4.a. Fund Balance Report - MARCH 2026

5. OLD BUSINESS

5.a. INFORMATION/DISCUSSION/ACTION: LBSA Waiver Request - FY27 Facilities Rental Fees

5.b. INFORMATION/DISCUSSION/ACTION: Reimbursement Resolution for 2027 Todd Hall Renovations

6. NEW BUSINESS

6.a. INFORMATION/DISCUSSION/ACTION: PMA Municipal Advisory Agreement

6.b. INFORMATION/DISCUSSION/ACTION: Fiscal Year 2027 Preliminary Budget Assumptions

6.c. INFORMATION/DISCUSSION/ACTION: 3-Year Northwest Evaluation Association (NWEA) Renewal

6.d. INFORMATION/DISCUSSION/ACTION: Frontline Applicant Tracking Software 3-Year Renewal (2026-2029)

6.e. INFORMATION/DISCUSSION/ACTION: IPRF Workers’ Compensation Insurance FY27 Renewal with HELP Program Participation

6.f. INFORMATION/DISCUSSION/ACTION: Reading Mastery Transformations Classroom (2027)

7. INFORMATION/DISCUSSION: District Purchasing Update(s) - Dr. David L. Russo, Dr. Dominick M. Lupo, Jordan Stephen

7.a. Gaggle for 2026-2027

7.b. Formative for 2026-2027

7.c. PLTW for 2026-2027

7.d. Second Step for 2026-2027

7.e. Finalsite for 2026-2027

8. INFORMATION/DISCUSSION: District Finance Update - Courtney Whited, Business Manager/CSBO

8.a. Noteworthy Annual Invoices

8.a.I. The Niles Township School Treasurer’s (NTST)

8.a.II. CLIC Insurance for Property, Casualty, BOE Liability & Fiduciary Coverage

8.b. Current Status of Revenues from School Registration and Tuition Fees

9. ADJOURNMENT

Agenda Item

Agenda Item Details Reload Your Meeting
Meeting:	May 21, 2026 at 6:30 PM - Finance Committee Meeting
Subject:	1. CALL TO ORDER/ROLL CALL
Description: FINANCE COMMITTEE MEMBERS Jay Oleniczak (BOE), Chair Mihra Seta (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 & Instruction Courtney L. Whited, Business Manager/CSBO Jordan Stephen, Director of Technology
Subject:	2. AUDIENCE TO VISITORS
Subject:	3. APPROVAL OF MINUTES
Subject:	3.a. Finance Committee Meeting Minutes - APRIL 23, 2026
Description: Motion by member:________________ Seconded by:____________________
Attachments: 4_23_26_Finance_Minutes_FINAL 11.35.21?AM.docx 4_23_26_Finance_Minutes_FINAL 11.35.21?AM.docx 4/30/2026 at 10:56 AM
Subject:	4. INFORMATION/DISCUSSION: FUND BALANCE REPORT
Subject:	4.a. Fund Balance Report - MARCH 2026
Attachments: 0_D74 MAR 2026 STATEMENT OF POSITION 0_D74 MAR 2026 STATEMENT OF POSITION 5/13/2026 at 2:43 PM
Subject:	5. OLD BUSINESS
Subject:	5.a. INFORMATION/DISCUSSION/ACTION: LBSA Waiver Request - FY27 Facilities Rental Fees
Attachments: 1_LBSA Request for Waiver of FY27 Rental Fees 1_LBSA Request for Waiver of FY27 Rental Fees 5/15/2026 at 2:11 PM 1a_FY27 LBSA Request for Waived Fees 1a_FY27 LBSA Request for Waived Fees 5/15/2026 at 2:11 PM
Subject:	5.b. INFORMATION/DISCUSSION/ACTION: Reimbursement Resolution for 2027 Todd Hall Renovations
Description:
Attachments: 3_Reimbursement Resolution Series 2027 Bond 3_Reimbursement Resolution Series 2027 Bond 5/15/2026 at 2:11 PM 3a_Reimbursement Resolution 4934-3009-4250 v1 3a_Reimbursement Resolution 4934-3009-4250 v1 5/15/2026 at 2:12 PM
Subject:	6. NEW BUSINESS
Subject:	6.a. INFORMATION/DISCUSSION/ACTION: PMA Municipal Advisory Agreement
Attachments: 2_PMA Municipal Advisory Agreement 2_PMA Municipal Advisory Agreement 5/15/2026 at 2:12 PM 2a_Lincolnwood 74_MA Agreement_GO LT Series 2027 Bond 050726 2a_Lincolnwood 74_MA Agreement_GO LT Series 2027 Bond 050726 5/15/2026 at 2:12 PM
Subject:	6.b. INFORMATION/DISCUSSION/ACTION: Fiscal Year 2027 Preliminary Budget Assumptions
Attachments: 4_FY27 Preliminary Budget Assumptions 4_FY27 Preliminary Budget Assumptions 5/15/2026 at 2:12 PM 4a_FY27 Preliminary Budget Assumptions FiCM 20260521 4a_FY27 Preliminary Budget Assumptions FiCM 20260521 5/15/2026 at 2:12 PM
Subject:	6.c. INFORMATION/DISCUSSION/ACTION: 3-Year Northwest Evaluation Association (NWEA) Renewal
Attachments: 5_NWEA Renewal 2026 5_NWEA Renewal 2026 5/15/2026 at 2:13 PM 5a_NWEA 3-Year Renewal 2026 Quote 5a_NWEA 3-Year Renewal 2026 Quote 5/15/2026 at 2:13 PM
Subject:	6.d. INFORMATION/DISCUSSION/ACTION: Frontline Applicant Tracking Software 3-Year Renewal (2026-2029)
Attachments: 6_ES_Frontline -Applicant Tracking_2026 6_ES_Frontline -Applicant Tracking_2026 5/15/2026 at 2:13 PM 6a_Lincolnwood 3 Year AT Renewal Order Form - Q-257634 6a_Lincolnwood 3 Year AT Renewal Order Form - Q-257634 5/15/2026 at 2:13 PM
Subject:	6.e. INFORMATION/DISCUSSION/ACTION: IPRF Workers’ Compensation Insurance FY27 Renewal with HELP Program Participation
Attachments: 8_IPRF Renewal with HELP Program 8_IPRF Renewal with HELP Program 5/15/2026 at 2:14 PM 8a_IPRF Invoice FY27 8a_IPRF Invoice FY27 5/15/2026 at 2:14 PM 8b_RR IPRF Proposal FY27 8b_RR IPRF Proposal FY27 5/15/2026 at 2:14 PM 8c_Lincolnwood School District HELP Agreement 2026 8c_Lincolnwood School District HELP Agreement 2026 5/15/2026 at 2:14 PM 8d_Linconwood School District HELP Exhibit A 2024 8d_Linconwood School District HELP Exhibit A 2024 5/15/2026 at 2:14 PM
Subject:	6.f. INFORMATION/DISCUSSION/ACTION: Reading Mastery Transformations Classroom (2027)
Attachments: 7_ES Reading Mastery Transformations.docx (1) 7_ES Reading Mastery Transformations.docx (1) 5/15/2026 at 2:19 PM 7a_Quote Lincolnwood Sch Dist 74 RMT 2021 K-4 1-Year - SPED 7a_Quote Lincolnwood Sch Dist 74 RMT 2021 K-4 1-Year - SPED 5/15/2026 at 2:19 PM
Subject:	7. INFORMATION/DISCUSSION: District Purchasing Update(s) - Dr. David L. Russo, Dr. Dominick M. Lupo, Jordan Stephen
Attachments: 9_Updated District Purchasing May 2026 9_Updated District Purchasing May 2026 5/15/2026 at 2:19 PM
Subject:	7.a. Gaggle for 2026-2027
Subject:	7.b. Formative for 2026-2027
Subject:	7.c. PLTW for 2026-2027
Subject:	7.d. Second Step for 2026-2027
Subject:	7.e. Finalsite for 2026-2027
Subject:	8. INFORMATION/DISCUSSION: District Finance Update - Courtney Whited, Business Manager/CSBO
Attachments: 10_Finance Update MAY 2026 10_Finance Update MAY 2026 5/15/2026 at 2:20 PM
Subject:	8.a. Noteworthy Annual Invoices
Subject:	8.a.I. The Niles Township School Treasurer’s (NTST)
Subject:	8.a.II. CLIC Insurance for Property, Casualty, BOE Liability & Fiduciary Coverage
Attachments: 10a_FY27 CLIC Additonal Cyber Offer 10a_FY27 CLIC Additonal Cyber Offer 5/15/2026 at 2:20 PM
Subject:	8.b. Current Status of Revenues from School Registration and Tuition Fees
Subject:	9. ADJOURNMENT
Description: Motion by member: _______________ Seconded by: ________________
Dr. David L. Russo, Superintendent of Schools Lincolnwood School District 74 is subject to the requirements of the Americans with Disabilities Act of 1990. Individuals with disabilities who plan to attend this meeting and who require certain accommodations in order to allow them to observe and/or participate in this meeting, or who have questions regarding the accessibility of this meeting or facility, are requested to contact the District Office at 847-675-8234 promptly to allow Lincolnwood School District 74 to make reasonable accommodations for those persons.

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