001of the finance committee of Lyall Community School District 202. Uh first up is uh public comment. Do we have any uh blue cards from the internet? >> Yes, sir. >> No, we don't. >> Excellent. [sighs] Ah, one day. All right. Uh, the third item on the agenda are the minutes from the September 22nd, 2025 finance committee meeting. Does anyone have any questions, changes to those minutes? >> No. So, we are all in agreement that those accurately reflect last month's meeting. >> Fantastic. Thank you. >> Excellent. Thank you. All right. So, item four is the facility plan. The information for this can be found in the finance committee packet under item four. Mr. Wilkinson, if you would take it away, please. >> All right. Thank you. Let's just see if uh I have to do anything
002to get it up on the presenter there. I think it'll go there automatically. Uh perfect. There we go. So, our first topic tonight is the uh updated facility plan. Uh this is probably where we'll spend most of our time this evening. Um, for those of you who've been in the board, as as you recall, this looks at um our plan kind of over the next 10 years and and what the facility needs are in the district. uh in particular um it kind of breaks out the first five years into kind of annual increments so we can start to plan in terms of what projects might fit in where but then once we get kind of to that sixyear time frame six year six to 10 year time frame they're kind of more lump lumped together
003and we don't necessarily slot those in to specific years. Um this is really just for our larger facility projects. anything that's over that $25,000 capitalization threshold. I do note on uh the building slides throughout the presentation kind of what our overall annual kind of ongoing operations and maintenance costs are for each of the buildings. So that's in there as well. But uh the presentation really just touches on those larger uh capital projects that we uh that we might have in the coming years. Uh we do update this annually. Um, we note any of the work that we did complete kind of throughout the presentation and then any potential new projects as well as uh on occasion we revise some of the cost estimates kind of based on the the current market conditions that we're aware
004of and uh obviously make any changes based on uh what the district's long-term priorities are. And and to start, I will focus really on just kind of the key changes, the key things to know um for the presentation. We will touch on uh kind of briefly some of the building specific items, but I'm not going to go into too much detail on those. That's more of a kind of a reference uh point for you if you ever want to look back at the presentation, kind of refresh your memory. That's what most of those detailed uh slides are for. And so the the biggest change on this year's uh facility plan is that at this point we've deferred the rest of the Lyall Junior High renovations, that phase three portion um until the summer of 2030.
005Why the summer of 2030? That's when uh our district will be debtree. The existing bonds will roll off. And so that puts us in a position where uh we can issue new bonds to finance the work. the stuff that we've done so far already phase one and phase two uh realistically was almost 7 million and exhausted those fund balances that we had earmarked uh for the project. So anything else that needs to be done would have to come from from those uh $13 million of bonds that was discussed when we originally started talking about this project. You will recall that that one uh one iteration kind of of that financing plan did did look at issuing the bonds earlier so that we could um realistically just take kind of one summer to pause and then
006get right back into it. Um but in order to do that, we'd have to call our existing bonds and based on where interest rates are currently for bonds, it it just doesn't make financial sense to do that. It would be too costly. the bonds that we have right now are at a much lower interest rate and so issuing those bonds at a higher rate and kind of refunding calling those ones we already have just just wouldn't make financial sense. Uh I did get a question kind of related to this deferring of the project. Um they they had a question about the band room at the junior high. The question was, given the growing size of the band, what are the interim plans to address space concerns until the room can be expanded as part of
007phase three? And uh if if you recall when we first looked at the junior high renovations and they were kind of first designed, there were some discussions around enlarging that band room. Um, but as we work through the process, they were ultimately removed from the final scope that we were considering based on budget limitations. And so I haven't been made aware at this point of any issues in terms of the size or the space. Um, I did reach out to Dave Carney to to get some more feedback. Unfortunately, he he had a busy day and I wasn't able to get an answer for tonight. But um obviously if that becomes a concern, we'll have to I guess sit down with Dave and talk about do you shift schedules somehow, create some additional spaces where we
008might be able to have um some activity. Uh but that would be something that we would have to work through at that time. So I don't know if you had anything else to add to that. I know it was your question, Dan, but >> No. Yeah. No, thank you for uh the history. I I had forgot that it had been removed, but it was, you know, >> yeah, one of the iterations, but and I just know having a band kid, there's there's a lot of kids and there's >> there's a 100 students in band, I think, in the fifth grade band right now. And of course, all there'll be some attrition, >> but we have a large group of students coming through. I think there, you know, our directors are very creative and they've been
009doing Yeah. some good rearranging, but I think with this bubble that's coming up >> that, you know, it's something that, you know, might want to be looked into. And again, it's I think that this the building staff there have been always been creative and they'll figure something out. We can't just suddenly in the middle of the junior high building make a larger building with, you know, >> it would be nice. I I but um at this point that was something that that was a nice to have but once we kind of got through the process and some of the schematic design it it became apparent it wasn't in in the in the cards for now. >> Thanks for recalling that. >> Um >> I just had a quick and I like your plan. Does would
010it be better though to pursue Dave's plan or the district's plan I guess of having more sections then that way the kids are getting better one-on-one instruction when they're in there too instead of just expanding the room because it wouldn't be an expansion of instructors, right? >> I think they're doing some of that right now because they're they're already at capacity in that room. So, but I would lend it to the staff and working with the directors on the details like I mean I'm hearing this kind of secondhand and you know through students and so you know I think it would be >> you know best if you know if we accommodate something in there and but I'm sure it's something that's on Mr. Carney's and >> correct. >> So again this is this is
011my thought process on brainstorming. I I again I didn't get a chance to talk to Dave about it today so I don't want to be like this is Dave Wilkinson's plan on like you don't want me making plans for what [laughter] the building's going to be doing but um certainly that's something that that again I've reached out to Dave he'll let me know if it is an issue or not an issue and then obviously um if it's something that that needs to be addressed I would want Dave Carney to >> I would share his thoughts and insights on that. >> I think it was a wise approach Mr. Wilkinson. >> Thank you. um at at the senior high uh kind of bullet point number two there. We we I have tenatively scheduled still for the
012summer of 2028. So it shows up as fiscal year 29. There's always kind of some timing differences between the when the work is performed and when we have to pay for it. But, um, I did leave the kind of the roofing. Um, this is the roof from 2002. And then the HVAC is really the the gymnasium unit that we would like to, um, add air conditioning to at some point. I did leave those in here for now, kind of still in that in that uh, time frame. But obviously, as we get closer, we will uh, evaluate the condition of the roof before we would move forward, evaluate the condition of the HVC. We want to do those kind of both at the same time because the the unit is is there with the roof. Um,
013but again, those are those are from uh those are something that we would explore and continue to take a look at as well as there there are a lot of uh HVAC units from our 2002 uh edition over there that we'll have to continue to monitor. So, it's kind of a placeholder for now. Again, I think you guys have kind of learned this over the years. Things move around. This is just kind of where we're thinking right now just to kind of get some ideas for planning. Um, but we did leave that in here uh for the time being. The other thing is um I did adjust the cost estimates for that work uh based on what it cost us to do the commons units over at the junior high this past summer. Um I
014thought that the rooftop unit over there would end up being a little bit more expensive. So that was that was added to the uh to the plan. We're also exploring or will be exploring some smaller projects um that could be completed potentially, you know, over the next two summers. Uh really in the areas of of lighting. One is I think I've mentioned this before, some of the auditorium lighting, the theater lighting over there at the senior high school. um those kind of that house lighting uses a lot of energy and so we think that's a really good opportunity for um some energy efficiency, maybe getting some comment incentives to pay for that. As well as anytime those lights go out, uh we have to rent a lift in order to replace them because they're so
015high. Our the lift that we have doesn't reach that high and can't be used in that space. So, um we're going to explore that, see what those costs might look like. And then also, if possible, we'd like to potentially um upgrade the the lighting in the hallways at the junior high. And that would probably come with ceiling tiles as well. Uh because once you're up there, you might as well do both at the same time. So, we're going to kind of get some idea of what those might cost and uh potentially bid that out to see if we can make that happen. Um I don't know if you saw the new ceiling tiles that they had to put in in the commons. I mean, they look really good. We've got new ceiling tiles in the
016in the classrooms as well. So, it might be nice to at least get that piece of the work done as a smaller project while we wait to potentially readress some of the larger renovation work at the junior high. >> Dave, there's some there's some good pictures in the slides. I think it's slide 11 that shows the hallway with the lockers painted and the new ceiling test. It looks great. And so, I would love to see, you know, if we can make that happen in the other hallways. It really makes a difference. Um, the other thing I noticed is the white paint on on those. And, you know, we may at some point want to consider um making the foyer a little more inviting and brighter, too. And that's dark brick in there. And there's the
017brown the brown uh vent cover to the left as you walk in. And it could be something maybe would consider. >> Can you can you clarify that when you say white paint? Are you >> well look if you look at the halls um above the slide 11 I guess is the one the it's brick up on the top >> and when I say white I don't >> there we go >> know what it is but um above the lockers it it looks I think bright and it it really enhances the appearance there and we might want to consider something like that in the hallway just as a thought because it is dark as you enter and it looks um it's kind of in the initial interest through the foyer. Okay. >> Well, we have a
018summer painting crew, so we can uh >> we can add that to the list and that's an easy thing to kind of freshen up. >> Well, just for everybody to look at cuz I you know, it it could be a little more inviting perhaps. I I don't >> Okay. Head back here a little bit. Sorry. >> [snorts] >> Um I I would I did want to mention too the the state maintenance grant uh came back out. So um we'll be looking for a project to to utilize those funds. And so some of these lighting and ceiling tile projects could be uh funded partially by not only the comet incentives but also by uh the facility grant that the state uh puts together every year. [snorts] uh Wildy Field. Uh we continue to to kind of
019leave that in that five plus year time frame. Um that would be renovating the track, uh the bleachers, the press box. Um again, we're we're kind of postponing that until we um kind of sort through our finances and and determine if additional funds are available. I did have a board member ask whether the decision to defer that work was related to any possible partnership with the Lyall Park District on a recreation facility. Um, to my knowledge, they they haven't reached out to the district about partnering on that in any way, shape, or form. I'm not sure if if they've reached out to you, Keith, or not. They did. They um [cough and clears throat] are still in the exploratory stage, but I think what they're proposing is going to be where the old administration used
020to be in that workout facility straight across the street from the high school in between the water park and the high school. So, um they're looking for um I think a fieldhouse concept there with some indoor basketball and then probably an indoor track, but I don't think we have the financial resources to partner at this point. So, I said, you know, we would be glad to be part of those conversations. I think at this point we don't have the financial resources to finish the junior high renovations. So, I don't think we would be able to help them with their fieldhouse. But I would imagine we'll have the same relationship we currently have where they utilize all of our indoor facilities free of charge. And I would hope if scheduling allows we'd also be allowed to
021continue to if they were able to develop it be able to use it for our students. Also got a question about our press box at Wildfield um and and kind of the condition of that as well as if maybe some students could kind of do a service project to freshen that up a little bit. We did I can't remember. I tried to find out. I know uh when Rich Marks was leading the painting crew, we did have that repainted at one point. Um I can't remember how many years ago that was at this point, but we uh Jeff's going to take a look closer look at it. If we were going to paint it, we'd have to do that in the summer. Uh and hopefully our painting crew would have a capacity to do that.
022Uh but he'll also check just to make sure, you know, is there anything we can do with the windows, siding, things like that? Make sure we can kind of freshen that up a little bit uh here in the within the next year or two. Um, but as far as kind of a student service project for that, uh, really that would kind of be too dangerous of a work for them. We have to rent a lift in order to to do any work on that. And so I I would certainly not want to put kids up in a lift that high in the bleachers working on the uh on the press box. >> Sixth graders. >> We'll have to tackle that with the professionals in house um when we get the chance in the summer. >>
023No, thank thank you. And I I just those for me it just I at the Decatharan Iic had some comments about its condition going oh we're going to renovate you know the >> on you know on uh future renovations but with the 5year plus time frame it's if it's not a budget buster to >> so I I I think Jeff and I would like to hear a little bit more about what exactly they said. I know there's some issues with the kids breaking the the handle over there or the lock or something like that. So they're they're breaking in. So, I know the inside is on great shape, but it's just like the outside just, you know, could use it a good >> So, we can certainly look into that before the summer of 2030
024and and um at least freshen it up a little bit. And then, uh the other thing is is the demolition of Shisure was postponed a little bit. Um obviously, this gives us the flexibility to kind of continue to talk with Chesterton or Sassid, see if they want to extend for a little bit. Um but you know at at at some point we may have to demolish seizure and so that's still in the plan just just kind of in the longer term window at this point. Um this kind of puts that all together kind of in the 10-year plan. Um again this is the you know how these are distributed over time that that kind of evolves uh from year to year. Um but in terms of you know the first column there fiscal year 26
025we did complete the commons work at the junior high for the HVAC it also incorporated a new stairway for safety purposes uh in our auditorium in the theater area. These projects are now complete and and those costs are incorporated here. Looking ahead, I talked already about the high school and kind of that work potentially falling into fiscal year 2029 right there. And then um beyond that window, we've got the junior high phase three renovation work uh which is really kind of the remaining uh classroom addition mechanical work, boilers, those those kinds of things. Um again, we're we're deferring that work realistically so that we can um become debtree and issue the new bonds at that time. But in total over the course of this period, including all of those educational enhancements at the junior high,
026it's about 19.4 4 uh million of work. Some of those estimates are from when um Perkins and Will did their review. I've tried to update as much as I can um based on doing roofing work and past projects, HVAC work, but some of those numbers are still kind of when Perkins and Will did that original assessment. I'm just going to kind of run through the buildings really quick. I don't want to take too much of our time, but um you know, focusing on the high school, those red sections up there. I think they're red. I'm not very good with colors, but um that that those are the areas that that we would potentially look at doing in 2028. Uh if you recall, we did do some patchwork on those back in 2022. So, we'll kind
027of use that as the baseline as we're evaluating to see how that those held up and and uh what that might look like in the next couple of years. Um, I already touched on the South Gym RTU. We'd love to make that air conditioning so we don't have to run those fans uh in the summers, those big fans in the in the doorways. Um, but I did update those costs. Uh, we initially said maybe 250. I think that would be closer to $500,000 uh in this day and age. Uh slide eight shows the historical um this has mostly been kind of roofing work. We did that in that fiscal year 21 to 23 time frame. Uh we also did some interior renovations which was primarily new bleachers in the gymnasium. And then uh the HAC
028work was the main classroom units um the three rooftop units that are uh provide heating and air conditioning for those classrooms. already talked about kind of what the 10-year time frame looks like. The only thing I didn't mention is kind of that far right hand column. Um, all that HVAC work that would be starting to replace some of those, uh, units from our 2002 renovations. Um, moving to the junior high. Uh, we already touched on this slide a little bit. Kind of refreshing some of these lights, some of these ceiling tiles. Um, getting some consistency with the work that we've already done. Again, we could hopefully utilize some school maintenance grants to help pay for that as well as um some of those comed energy incentives, assuming that they're still out there. These are all
029the mechanical systems that are still um kind of on the radar. Uh boilers, some of our rooftop units in the smaller areas like the fitness center, uh the library. We will have to kind of revisit our auditorium. We tried to do that this past summer, but it was uh more expensive than we anticipated. Um but those are all also kind of looking ahead things that we will consider. I touched on Wildy Field. Um, right now we're kind of in a holding pattern until we figure out the district's finances and what kind of funds would be available uh for that project. This touches on the history as I mentioned earlier. You can see there with the renovations, um almost $7 million were spent on the renovations in terms of our design work, engineering, uh architect work,
030and then actually doing uh the the the work over the summer, uh with the windows, uh the secure vestibule, the fourth grade, the four sixth grade classrooms. Um that's all incorporated into this slide. Uh and then we also did all of the unit ventilators in the classroom. So, we made a lot of progress. We did a lot of a lot more work than I think we originally anticipated in those in that first two phases. Um, but we are kind of in a holding pattern as we uh figure out what rates are going to do and when we can issue those bonds. I've already touched on this. Uh so, moving along to the elementary school. Nothing new here. No major capital projects are planned. Again, the building just opened in 2019. So, uh, it remains relatively
031new. Uh, we'll continue to monitor kind of the systems and the performance and and continue to maintain those, but at this point, we don't have any significant plans at the elementary school within the next 10-year time frame. The last piece, again, you can uh kind of take a look at this on your own time, but uh, she's elementary school. Um, currently it's leased out to both Chesterton and Sassid. Um, we'll continue to talk with them to see if that's something they're interested in continuing to do. Um, but at this point, uh, I know we've met as a committee at at one point to kind of start to have those discussions about what the community's plans are, what we'd like to do with that space, but right now we have uh, two tenants there. And so,
032um, it's not empty. It's being leased and it's providing some additional revenue for the district. I know I went that through that relatively quick, but we do have some other topics this evening. Um, are there any other questions or comments? I tried to address those that were submitted over the weekend over the course of the presentation, but if there's any others, um, we can certainly open that up for discussion. Thank you very much for that summary. That was a great presentation. All right. So, we are to item five, the financial projection update. That can be found under item five of the finance committee packet. And if you would please take the stand again, Mr. Wilson. So, this update builds on uh what we reviewed last spring um and incorporates uh I think most importantly the
033audited FY25 uh results uh that have just been completed. It also um factors in some of the items from the fiscal year 2026 adopted budget. And then last and incorporates the changes that we just discussed in the facility plan. Um overall um the district in this projection starts FY26 in in a slightly better position. Um our actual expenditures last year came in under budget and it resulted in a surplus of 1.6 6 million in the operating funds, which was about $100,000 higher than what I was projecting when I did the projection back in May. I know that's projection a lot there, but um so we ended up a little bit stronger than we were anticipated. So that'll uh give us a little bit of a better start as we enter the current fiscal year that
034we're in right now. So we still have a balanced budget for fiscal year 26 followed by a moderate deficit in fiscal year 2027. So that's been reduced a little bit in this updated projection. Uh we are meeting on a regular basis to to analyze our revenues, analyze our expenditures and start to uh unpack those and explore what our options are as far as uh addressing that deficit in fiscal year 27. Fortunately, we have a little bit of time. Um we're okay for this year and we don't have that big of a deficit in fiscal year 27. So, we have some time to kind of work through these conversations, these discussions. Some opportunities on the revenue side that I think are worth noting. Um, this has been touched on in past meetings, and that's possibly reinstating
035fees. I think if we reinstated those, we'd generate approximately $230,000 in additional revenue, which would help to close some of that that deficit gap. Um, also both the projection back in May and then this current projection update assumes that this will be the last year we're leasing to Sassid over at Chesterton or at Shisure. And so that falling off reduces our revenues by about 175,000. So if Sassid would decide to continue for another year, obviously we continue to get those revenues and again it would help offset some of that that deficit that we have. Is there any indication that they will want to lease longer? >> Yes, they do. >> Okay. Thank you. So just touching kind of at a high level of how some of our revenues changed between uh what I shared in
036the spring and this October overall you know over this what is that 26 27 the 5year time frame they changed by about $320,000 which which isn't significant um you know most of those differences were from reducing the transportation proration I think I mentioned this when I was presenting the um fiscal year 25 unudited results. And as those costs are climbing, not only for us but other districts in the state, that funding is remaining flat. And so as a result, um for every dollar that we spend on transportation, we're actually getting less back from the state because there are not enough funds to um to account for that increase. And so I I started to make some of those changes into our projection to be a little bit more realistic about how much we were going
037to get back from a transportation reimbursement standpoint. On the positive side, um at least from the school district's perspective, we we are seeing CPI going up a little bit uh since our last uh projection in the spring. And so it's I think I used 2.9% in this update. And then they actually just released the figures for September which actually ended up being 3%. So it was slightly higher but um they were delayed in getting that information out this year due to the government shutdown. So I went with what I had at the time. Um but that is uh factored into this projection and providing a little bit additional revenue uh more revenue over the course of the projection period. I also uh increased our investment earnings a little bit based on kind of a revised
038way of of handling the budget that I mentioned during the budget cycle. And so that also added a little bit to our uh revenue stream in this update. As far as expenditures, uh overall the outlook has improved a little bit. So that's good. Um the total projected expenditures for this time period uh went down by 3.6 6 million and that's primarily in the areas of uh transportation costs. Our transportation costs for this year we just finished up came in a little bit lower than expected. So that's positive. I've been trying to figure out exactly what the costs are in that fund and it was nice to see our our budget actually ended up having a little bit of a surplus in that area. And then it's a little bit of a kind of a reclassification.
039Our special ed aid costs are kind of getting bounced back and forth between purchase services and tuition. And so last year they were actually in purchase services. This year they're back in tuition as part of the uh new methodology for how SASID is billing. And so while we saw the it go down in the area of purchase services, you can see there's about a 560,000 increase in tuition and fees. And that's primarily those aid costs shifting from one category to the next. Um but overall, oh the other piece is uh salary and benefit projections. Um, you know, obviously I was able to finalize our budget for fiscal year 26. We saw where the last year ended up and so we were able to lower those costs a little bit in the salary arena as well
040as our benefit renewal. We didn't know what that was going to be during the May projection and that was finalized at a slightly lower rate. So that obviously helped a little bit over the course of the uh over the projection time frame. So overall uh some favorable things in um the areas of the expenditures uh which again did help kind of our balance position for fiscal year 26 and help reduce some of that deficit the following uh fiscal year. Looking ahead I I I always want to mention that that we have paused for now anyways kind of that annual $750,000 that we were saving every year uh for our facility projects. And so, um, as we continue to revisit the finances, look deeper into that, um, that's something that we're going to have to, uh,
041we're going to have to kind of look at a little bit more so that we can make sure we have funds available to support, uh, our long-term facility needs. Um, the projection also does defer now the bond issuance until fiscal year 2030. um we could issue those bonds actually in July of 2029 which would prepare us for the summer 2020 summer of 2030 work. Um and so that that aligns with what I was looking at on the facility planned um for the work that we would do with the junior high. But I did have a board member ask uh very astutely about the difference between the May and October projections. Why did our fund balance at fiscal year 2030, you can't see it here because this is just the operating funds, but when you look
042at all funds, why was it now 25 million instead of 8 million in the previous one? And that's really the timing of when our bonds would be issued right at the tail end of that 5-year projection period, but we wouldn't have incurred any of the costs yet because we wouldn't have done the junior high work. So, I debated how to how to put that in there. I I'm glad you saw that, Dan, but um it gave me the opportunity to explain that no, our fund balances didn't go up 13 million. We just had the bond proceeds in order to pay for those capital projects in the following summers. Um so again overall uh you know the the the projection kind of reflects a measured approach to the years ahead and um obviously we we still
043have healthy reserves which is great and so that gives us kind of the flexibility and the time that we need uh to really better understand um some of these costs and kind of navigate that into the future. So that's all I had. Don't know if there's any questions or if I've bored everybody to want to move to the next item. All right. Well, moving on from the financial projection update, let's move to the quarterly financial update. Uh that is item six in the finance committee packet. Once again, Missson. All right, I got a few more minutes here. So, uh the final item is the quarterly update for kind of the first three months of the fiscal year. Um, again, it looks at at our year-to- date revenues and and compare those to the budget, which
044is always a little bit challenging this this far into the year. Uh, but we can uh at least touch on a few items to get an idea of where we're at. On the revenue side, uh, as we would expect this time of year, we've received about 98% of our levy. Um, that is typical and that's what we would expect and and I would also expect to uh receive the rest of those property taxes over the course of the the year. Interest income is right where I want to see it, one quarter of the annual budget. So, so far my uh new methodology for interest income is working excellently. Um, we're also at 26% for our rental income, our corporate personal property taxes. So, um, that's right where we want to be, uh, as far as
045our other local revenues. State revenues are at 14% of budget and our federal grants are at 26%. These are a little bit more tricky to to see where we're at in any point in time just because of the uneven nature of when we get those payments, but we haven't started to get uh those transportation payments yet. So that's why the state revenues are a little bit lower right now, but we will certainly be getting those payments. Uh we probably already have uh and we'll continue to get those throughout the rest of the fiscal year. On the expenditure side of things, uh saring benefit costs are right on track at 12 12 and 13% of budget. That's right where they were last year at this time. Purchase services are at 16% which is trending slightly below
046last year. Uh but again, this includes transportation, food service, our annual software renews, and then also all of our insurance premiums. So, um those obviously can can vary from one month to the next depending on what those bills are. Supplies and materials are a bit higher at 43% of budget, but that's ultimately reflecting kind of the front-loaded costs that we have at the beginning of the school year. We buy our Chromebooks at the beginning of the school year. We buy curriculum items at the beginning of the school year. um and other kind of classroom purchases to get us ready for the start of the year. So, we always see that higher in the first quarter and then it tends to get back towards our budget as we move through the rest of the fiscal year.
047Capital outlay costs, the 580,000 you're seeing in the in the update is all related to our junior high HVAC work and renovation of those stairs in the theater. Uh those were completed, those are behind us. Um and so those are reflected here in the first quarter. And then also other objects uh we always see those uh higher in the first quarter of the year. They're actually at 45% of budget right now. And that's because SASID, our special ed cooperative, asks that the districts pay them upfront for the entire year and then it's reconciled and and um you know reconciled to what the final enrollments and the final services are uh at the end of the year. Finally, non-capitalized equipment. This is our staff laptops that were approved at the finance meeting and then uh staff
048laptops for the junior high and then also we are doing some new network switches over at the high school. But fortunately we'll get about 50% of that back through the rate process. So we have some funding to help pay for those costs. And so overall we're right in line with expectations. Uh revenues are coming in as planned. Expenditures are consistent with where we would be at in the prior years. And uh we'll continue to monitor uh our spending as the year progresses. I'll ask if there's any questions, but I'm guessing there won't be. >> Yeah, very thorough. Well, thank you for your all your hard work on all the items tonight. Very professional as always. And moving on, we are up to uh agenda topics for future finance committee meetings. Does anyone wish to enter
049a topic? No. Okay, good. All right. Well, with no other agenda items, I will entertain a motion to adjurnn. >> So moved. >> Second. >> Oh, okay. So, that's Miss Alman and Mr. Elderly. >> Okay, beat me. >> No, we jinx. You can just stand jinx me. I can't talk for the rest of the day. [laughter] >> Well, we'll enter that into parliamentary procedure in the future. All right. So, I will adjourn the finance committee meeting at 7:22. Thank you very much, everyone.