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Finance Committee Update: Dec. 18, 2023

Dec. 19, 2023

During the December meeting of the Finance Board Advisory Committee, members listened to a presentation from Jason Terry of Gilmore and Bell, PC.
Terry shared information about the resolution for an April 2024 bond issue that will be presented to the Board of Education during the Dec. 19 regular meeting. Chief Financial Officer Joel Scheible shared the ballot language for April 2024 with the committee and explained that it is a no-tax-rate increase proposal for capital improvements. This means that the bond issue would not increase the district's debt levy.
Scheible also reviewed finance-related Board of Education agenda items, which will be presented to the board on Dec. 19 as well.
The Finance Advisory Committee exists to ensure transparency, accountability and efficiency in District finances. Committee members discuss areas covered by the district’s fiscal management policies.
In addition, the Board of Education will direct the specific responsibilities of the committee to review any matters potentially having a significant impact on district finances before the board takes action.
The next Finance Board Advisory Meeting will be on Jan. 16, 2024.