September 5, 2018 at 11:00 AM - Finance, Audit, and Budget Committee Meeting
| Finance, Audit & Budget Committee | |
| Attendance Taken on 9/5/2018 at 11:01 AM | |
| Greg Barnes | Present |
| Geraldine Erickson | Present |
| Mowinkel ESU 08 | Present |
| Dr. Bill Heimann | Present |
| Dr Kraig Lofquist | Present |
| Dr. Dan Schnoes (NE) | Absent |
| Liz Standish | Present |
| Present: 6, Absent: 1 | |
| Minutes |
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1. Call to Order
Speaker(s):
Committee Chair
Agenda Item Type:
Information Item
Discussion:
Call to order at 11:00 AM.
Staff: Dave Ludwig, Deb Hericks, Priscilla Quintana. Legal: Karen Haase |
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2. Roll Call
Speaker(s):
Committee Chair
Agenda Item Type:
Procedural Item
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3. Agenda Item
Speaker(s):
Committee Chair
Agenda Item Type:
Information Item
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3.1. Approve Claims, Financials Statements, and Assets for Month of June and July
Speaker(s):
Committee Chair
Agenda Item Type:
Action Item
Discussion:
President shared the reports for the months of June and July. Reviewed the Project Summary for the month of July.
Attachments:
()
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3.2. Approval of July/August Expenses to be paid in August.
Speaker(s):
Committee Chair
Agenda Item Type:
Action Item
Discussion:
President shared the reports for the epxenses.
Attachments:
()
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3.3. Approval of ESM payment before 9/30/18
Speaker(s):
Committee Chair
Agenda Item Type:
Action Item
Discussion:
Recommend approval of ESM payment in the amount of $33,333.33.
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3.4. Approval of other payments prior to September 30, 2018
Speaker(s):
Committee Chair
Agenda Item Type:
Action Item
Discussion:
Recommend the approval of the discussed payments in September. Continue to communicate programs clearly with NDE, ESUs, and schools.
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3.5. Monthly Staff Budget Meeting
Speaker(s):
Committee Chair
Agenda Item Type:
Information Item
Discussion:
Executive Director shared discussion held in monthly budget meeting.
Links:
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3.6. Budget Overview
Speaker(s):
Executive Director Ludwig
Agenda Item Type:
Information Item
Discussion:
Executive Director gave an update on the budget overview to be approved for 2018-2019. Carryover used continues to decrease over time. Innovation grant will be done June 30, 2018. He also shared that budget overview with the carryover over past several years. Discussion over the drop in core services and distance education allocation over the past two years.
Attachments:
()
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4. Next Meeting Agenda Items
Speaker(s):
Committee Chair
Agenda Item Type:
Information Item
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5. Executive Session
Speaker(s):
Committee Chair
Agenda Item Type:
Information Item
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6. Adjournment
Speaker(s):
Committee Chair
Agenda Item Type:
Procedural Item
Discussion:
Motion to adjourn at 11:40 AM.
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