Rochester School Board
Finance Committee Meeting
Central Office Boardroom
September 7, 2006
7:00 PM

 

Members Present:
Mr. Charlie DeVito

Mr. John Connelly
Mr. Robert Watson

Mrs. Audrey Stevens

Mrs. Anne Grassie

Mrs. Pam Hubbard

Mrs. Peggy Parker

 

Members Absent:

Mrs. Nancy Warren, Chair

Mrs. Jae Duntley

 

Also Present:

Mr. Michael Hopkins
Ms. Linda Casey

Press
 

 

The meeting was called to order at 7:15 p.m. with a quorum present. 

 

Financial Statements

 

Ms. Casey reviewed the monthly financial statement.  The current budget has progressed through 15.40% of the year and expenditures are at 18.70%.  The salary lines are at only 14.6%.  Ms. Casey will be reviewing budget lines over the next month to look closely at lines that fluctuate. 

 

The budget for FY 2006 has closed.  The School District has returned $461,000 in unanticipated revenue and $605,000 in expenditures.  The expenditures include the $290,000 payment for the first installment on the Honeywell bond.  The District had been certain of returning the $290,000 and approximately $300,000 in revenue, but was uncertain of the final total to return to the City. 

 

Mr. Connelly moved, second by Mr. Watson, to recommend the Board approve giving authorization to  the following individuals to sign the OBM Form 1’s, Form 3’s, Form 4’s and contracts approved by the Rochester School Board:  Michael Hopkins, Superintendent of Schools; Kent Hemingway, Assistant Superintendent of Schools; and  Ms. Linda Casey, Business Administrator.  The motion passed unanimously.

 

Mr. Connelly moved, second by Mr. Watson, to recommend to the Board approval of the bid from Brocktalk Education PLLC of Rochester, NH in the amount of $17,000 for classroom emergency kits.  The motion passed unanimously.

 

Mr. Connelly moved, second by Mr. Watson, to recommend the Board approve the financial items from Personnel as follows:

-        Stipend of $500 for Barry Smith

-        IDEA funded 27.5 hour aide/assistant

-        Speech Language Aide for 30 to 35 hours

The motion passed unanimously.

 

Mr. Connelly moved, second by Mr. Watson, to adjourn the meeting at 7:45 p.m. The motion passed unanimously.    

 

 

Respectfully submitted,

Mr. Charles DeVito