UMSB Budget and Finance Meeting tonight

The Upper Moreland School Board's Budget and Finance Committee meeting will be held tonight at the at 6:45 p.m.

As a reminder, due to the Pennsylvania State primary elections on April 24, the regular board meeting scheduled for next week has been moved to April 25 at 7 p.m. in the Intermediate School.

Below are the draft agenda items for the Budget and Finance Committee:

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Budget and Finance School Board Committee: 

Committee:  Mr. A. Brian Davis, Chairperson

                   Mr. Duval Dougherty

                   Mr. Daniel Barber

I.  INFORMATION ITEMS

II.  DISCUSSION ITEMS

A. Review the MOU Agreements, Participation Agreements and Trust Agreement between the Board of School Directors and the UMEA and ESPA groups.

B. Review the 2012-2013 Preliminary Final Budget.

III. CONSENT ITEMS

A. Revenue Report and Expenditure Report (Treasurer’s Report) for the month of March 2012 as presented.

B. Financial Reports for the month of March 2012 presented:

                        1. Check Reconciliation and List of Payments as presented.

                        2. Cash Flow Statement as presented.

                        3. Outstanding Investments Report as presented.

                        4  Scholarship Fund report as presented.

                        5. Student Funds report as presented.

                        6. Fund Raising Report as presented.

                        7. Budget Transfers as presented for APRIL 2012.

                        8. Food Service Financial Statement as presented.

                        9. Facilities Overtime Report as presented.

C. Approval requested for the American Management Advisors, Inc. for Sports/Student Accident Insurance for the 2012-13 school year with a premium amount of $5,405.00, and Voluntary Student Accident Insurance with premiums of $22.00 during school time or $88.00 for 24 hour coverage (decrease from last year).

D. Approval requested for a Tax Refund for Parcel #5900-13138-00-6 as requested by Joseph Olszak, Tax Collector, in a request dated 4/5/12 in the amount of $744.51 because of a new lowered assessment.

E. Approval requested for a Tax Refund for Parcel #5900-02878-00-6 as requested by Joseph Olszak, Tax Collector, in a request dated 4/5/12 in the amount of $983.27 because of a new lowered assessment.

F.  Approval requested for the Pony Express Amusements to provide amusements for Spring Fling to be held on May 18, 2012 in the amount of $1,600. (HSA Funded)

MOTION:  To approve all items in the Budget/Finance Consent Agenda as presented.