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October 29, 2005

Finance and Operating Committee Goals UPDATE from May to October 28th

Finance and Operating Committee Goals UPDATE

New Budget Process that will encompass the following:
1. State and Federal Mandates
2. Affirmation of Board Goals and Strategic Priorities*
3. Board Members suggestions to the management team i.e.
a. increasing class sizes in certain areas
b. increase in fees*
c. suggest changes in curriculum or how its delivered
Timeline: Spring ‘06
*Action Taken: #2 affirmed by use during the Superintendent Evaluation
3b beginning discussion 10/17
**Development of $100 Budget Process for community participation in budget process


The 2005-06 Budget will produce 3 books
1. Superintendents proposed budget that will move away from same service
2. BOE will propose amendments
3. Final Adopted Budget
Timeline: Spring ‘06
*Action Taken: None
**Athletics and Capital (Referendum Monies) will be separated.


Policy Changes
1. Business Partnerships/Advertising*
2. Naming Rights*
Timeline: Active
*Action Taken: Sub-Committee formed by Board of Education


Fund 80
1. Reports of programs funded by Fund 80*
2. Cost recovery of adult programs*
Timeline: Complete
Action Taken: #1 On 10/17 reports were given by the staff of the African American Ethnic Academy, Project Bootstrap, Urban League, and Centro Hispano. #2 Cost recovery of adult programs is a charge of the Partnership Committee. MSCR gave a report to the committee on 10/24


Future Land Acquisition
1. For new schools
Timeline: Active
*Action Taken: BOE meeting in Executive Session


Better Communication with the public via
1. MMSD e-newsletter
2. Cable Channel 10
3. and school newsletters
4. We will also communicate thru non-traditional means such as Blog sites, list serves and others.
Timeline: Active
*Action Taken: BOE meeting November 28

Six F/O committee meetings have been held on:
October 17, 2005
September 26, 2005
August 29, 2005
August 8, 2005
June 13, 2005

June 6, 2005


Posted by Johnny Winston, Jr. at October 29, 2005 4:30 AM