NORTH ALLEGHENY SCHOOL DISTRICT 200 Hillvue Lane Pittsburgh, PA 15237 FEBRUARY 25, 2015 REGULAR MEETING Visit our web site at www.northallegheny.org and click on School Board for School Board updates. NORTH ALLEGHENY SCHOOL DISTRICT SCHOOL DIRECTORS’ CALENDAR OF COMING EVENTS FEBRUARY 18, 2015 –SPECIAL MEETING/WORK SESSION – CAO BOARD ROOM 7:00 p.m. - DISTINGUISHED ACHIEVEMENT AWARDS - SPECIAL MEETING/WORK SESSION Mid-year Human Resources Update Adoption of Preliminary Budget 8:30 p.m. - EXECUTIVE SESSION FEBRUARY 25, 2015 – REGULAR MEETING – CAO BOARD ROOM 7:00 p.m. - REGULAR MEETING BWE, MES & MMS Renovation Update 8:30 p.m. - EXECUTIVE SESSION MARCH 18, 2015 – SPECIAL MEETING/WORK SESSION – CAO BOARD ROOM 7:00 p.m. - SPECIAL MEETING/WORK SESSION Approval of PlanCon F for BWE, MES & MMS 8:30 p.m. - EXECUTIVE SESSION MARCH 25, 2015 – REGULAR MEETING – CAO BOARD ROOM 5:30 p.m. - DIVERSITY CONTEST WINNERS’ RECEPTION 7:00 p.m. - REGULAR MEETING Diversity Report (written) Education Technology Update 8:30 p.m. - EXECUTIVE SESSION CURRICULUM REPORT February 25, 2015 There are 3 items For Information Only. FOR INFORMATION ONLY I. STUDENT TEACHING REQUEST – REGULAR EDUCATION The following student has requested a student teaching assignment in the North Allegheny School District during the 2014/2015 school year. Student Teacher Dates Supervising Teacher Ashley Chiaramonte 2/23/15 - 4/10/15 Danielle Omasits La Roche College English NASH Angela Winter 3/2/15 - 4/24/15 Lauren Donato Duquesne University Music FES II. STUDENT TEACHING REQUEST – SPECIAL EDUCATION The following student has requested a student teaching position in the North Allegheny School District, within the Special Education Department, during the second semester of the 2014/2015 school year. Student Teacher Dates Supervising Teacher Jessica Finke 3/23/15 - 5/1/15 Miriam Petrini La Roche College Learning Support Teacher MCK III. CLINICAL EXPERIENCE REQUEST - NURSING The following student has requested a School Nursing Clinical Experience in the North Allegheny School District during the second semester of the 2014/2015 school year. Student Dates Supervisor Kelly Dorsch 2/27/15 - 4/30/15 Mary Lynn Halapy Chatham University NASH School Nursing Department 1 FINANCE REPORT February 25, 2015 There are 5 items for Board Action and 5 items For Information Only. BOARD ACTION REQUESTED I. ACCOUNTS PAYABLE APPROVAL LISTS The Administration recommends approval of the following Accounts Payable lists: A. Supplemental Accounts Payable list dated January 2015, in the amount of $9,040,321.53. B. Accounts Payable list dated February 2015, in the amount of $109,684.20. C. Supplemental Capital Reserve Fund Accounts Payable list dated January 2015, in the amount of $119,905.30. D. Supplemental Technology Fund Accounts Payable list dated January 2015, in the amount of $0.00. E. Supplemental 2000 NASH/Newman Stadium Construction Fund Accounts Payable list dated January 2015, in the amount of $0.00. F. Supplemental CMS/IMS Construction Fund Accounts Payable list dated January 2015, in the amount of $0.00. G. Supplemental Capital Financing Fund Accounts Payable list dated January 2015, in the amount of $80,708.80. H. Supplemental Cafeteria Fund Accounts Payable list dated January 2015, in the amount of $522,934.28. II. COLLATERAL SECURITY REPORTS - DEPOSITORIES The Administration recommends the acceptance of the collateral securities reports submitted by PNC Bank and Citizens Bank for the quarter ended December 31, 2014. III. STUDENT ACTIVITIES ACCOUNTS EXPENDITURES The Administration recommends the Board's acknowledgement of the Student Activities expenditure listings for the months of October through December 2014. 2 IV. BUDGETARY TRANSFERS The Administration recommends the approval of the following budgetary transfers within the framework of the 2014-2015 budget, in accordance with the provision of Section 687 of the School Laws of Pennsylvania: FROM TO AMOUNT 2100-600 Supplies 2800-500 Other Purchased Svcs $ 55 Support Services-Pupil Personnel Support Services - Central 1100-600 Supplies 2600-600 Supplies $ 79 Regular Programs – Elem/Sec Operation & Maint of Plant Svcs 2300-600 Supplies 1100-600 Supplies $ 29 Support Services - Administration Regular Programs – Elem/Sec 2800-600 Supplies 2800-300 Purch Prof & Tech Svcs $ 3,250 Support Services - Central Support Services - Central 1100-600 Supplies 1100-300 Purch Prof & Tech Svcs $ 70 Regular Programs – Elem/Sec Regular Programs – Elem/Sec 2200-100 Salaries 1100-100 Salaries $ 2,658 Support Svcs – Instructional Staff Regular Programs – Elem/Sec 2800-500 Other Purchased Services 2800-700 Property $ 600 Support Services - Central Support Services - Central 1100-600 Supplies 2800-700 Property $ 200 Regular Programs – Elem/Sec Support Services - Central 2800-600 Supplies 2800-700 Property $ 200 Support Services - Central Support Services - Central TOTAL TRANSFERS FOR THE MONTH 7,141 PERCENT OF TOTAL BUDGET 0.0051% TOTAL TRANSFERS YEAR TO DATE 35,782 PERCENT OF TOTAL BUDGET 0.0256% V. BOND COUNSEL The Administration recommends the approval of Dinsmore & Shohl LLP for Bond Counsel services for future bond issuances for the North Allegheny School District. 3 FOR INFORMATION ONLY I. STUDENT ACTIVITIES ACCOUNTS PAYABLE APPROVAL LISTS The Administration reports the following Student Activities expenditures for December 2014: A. Carson Middle $ 12,719.16 B. Ingomar Middle 6,529.06 C. Marshall Middle 1,919.50 D. NA Intermediate 20,762.59 E. NA Senior High 47,928.49 F. NA Athletic 44,105.00 4 FOR INFORMATION ONLY (Continued) II. RECAPITULATION REPORT Balance as of January 31, 2015 45,387,376 February Payroll Estimate 5,100,000 Group Insurance Estimate 1,300,000 Utilities & Advance Payments 800,000 Accounts Payable Estimate 900,000 Social Security & Retirement Estimate 1,483,000 Sub Total 9,583,000 Total 35,804,376 III. EXPENDITURE/REVENUE 2014-15 FORECAST 7 MONTHS 2014-15 2014-15 ACTUALS + BUDGET 7 MONTHS FORECAST REVENUE TOTAL ACTUAL TOTAL VARIANCE LOCAL REVENUE 106,611,250 95,254,987 106,038,910 (572,340) STATE REVENUE 27,979,456 12,032,053 28,299,323 319,867 (1) FEDERAL REVENUE 1,707,233 (336,376) 1,703,348 (3,885) OTHER FINANCING SOURCES 3,241,159 3,285,269 3,285,269 44,110 TOTAL REVENUE 139,539,098 110,235,933 139,326,850 (212,248) EXPENDITURE 1000 SALARIES 67,310,967 32,631,515 66,399,216 911,751 (2) 2000 BENEFITS 35,393,086 19,977,978 34,263,723 1,129,363 (3) 3000 PROF SRVCS 3,332,843 1,360,433 3,317,475 15,368 4000 PURCH PROP SRVCS 3,927,387 2,149,196 3,696,734 230,653 5000 OTHER PURCH SRVCS 6,420,238 3,289,303 6,542,811 (122,573) 6000 SUPPLIES 3,869,915 2,039,056 3,791,608 78,307 7000 REPLACEMENT EQUIP 621,834 271,195 597,215 24,619 8000 OTHER OBJECTS 4,451,402 2,296,698 4,391,096 60,306 9000 OTHER FINANCING 14,211,426 10,736,425 14,209,747 1,679 TOTAL EXPENDITURES 139,539,098 74,751,799 137,209,625 2,329,473 * Budget Estimates are based on past year(s) average. Some variances may occur due to timing differences from year to year. (1) Includes Ready to Learn Block Grant additional allocation and other grants positive variances. (2) Includes savings in facilities due to unpaid leave, special education assistants currently lower than budgeted, professional salaries savings due to child rearing leaves and lower than budgeted amounts. (3) Includes savings from decrease in estimate of medical rate increase. Designated/ Assigned Undesignated FUND BALANCE AS OF JUNE 30, 2014 8,609,938 8,715,860 LESS FUND BALANCE APPROPRIATION TO BUDGET (3,241,159) - ESTIMATED 2014-15 REVENUES LESS EXPENDITURES (227,250) 2,344,475 PROJECTED FUND BALANCE AS OF JUNE 30, 2015 5,141,529 11,060,335 5 FOR INFORMATION ONLY (Continued) IV. CASH, CASH EQUIVALENTS AND RELATED INTEREST INCOME AS OF JANUARY 31, 2015 12/31/2014 01/31/2015 ENDING NET ENDING BALANCE CHANGE BALANCE GENERAL FUND PNC BANK * $ 51,719,749.75 $ (6,332,373.46) $ 45,387,376.29 PSDLAF * 6,589.62 0.01 6,589.63 PLGIT * 860,052.74 - 860,052.74 WEST VIEW SAVINGS * 51,981.95 4.23 51,986.18 FEDERATED INVESTORS 113,634.75 0.93 113,635.68 TOTAL $ 52,752,008.81 $ (6,332,368.29) $ 46,419,640.52 *Includes term investments - may involve penalty for early withdrawal. These investments do not include accrued interest. CAFETERIA FUND FIRST NATIONAL BANK $ 1,391,168.86 $ (254,560.12) $ 1,136,608.74 PSDLAF 16,332.18 0.07 16,332.25 STUDENT ACCOUNT BALANCES (192,674.83) TOTAL $ 1,407,501.04 $ (254,560.05) $ 960,266.16 CAPITAL RESERVE FUND PNC CAPITAL RESERVE FUND $ 6,857,024.22 $ (113,854.00) $ 6,743,170.22 PROJECTS ENCUMBERED NET OF TRANSFERS $ (978,911.08) REMAINING BALANCE $ 5,764,259.14 TECHNOLOGY FUND PLGIT $ 583,421.73 $ 8.77 $ 583,430.50 PROJECTS ENCUMBERED $ (301,142.31) REMAINING BALANCE $ 282,288.19 NASH/NEWMAN STADIUM CONSTRUCTION PNC 300 NASH CONSTRUCTION FUND $ 7,944.73 $ 0.33 $ 7,945.06 PROJECTS ENCUMBERED $ (16,999.99) REMAINING BALANCE $ (9,054.93) CMS/IMS CONSTRUCTION FUND PNC CMS/IMS CONSTRUCTION FUND $ 101,233.10 $ 4.16 $ 101,237.26 PROJECTS ENCUMBERED $ (72,065.48) REMAINING BALANCE $ 29,171.78 CAPITAL FINANCING FUND US BANK CAPITAL FINANCING FUND $ 92,645.27 $ (15,932.78) $ 76,712.49 PROJECTS ENCUMBERED $ (81,968.11) REMAINING BALANCE $ (5,255.62) SWAPTION FUND PNC SWAPTION FUND $ 5,228,905.84 $ 324,899.86 $ 5,553,805.70 NEWMAN STADIUM PSDLAF $ 88,859.63 $ 0.37 $ 88,860.00 GRAND TOTAL $ 67,119,544.37 $ (6,391,801.63) $ 60,727,742.74 6 FOR INFORMATION ONLY (Continued) V.