1. Call to Order-10:00 a.m.
Subject
1.1 Call to Order
Meeting
Sep 20, 2022 - Fiscal Management Committee Meeting
Category
1. Call to Order-10:00 a.m.
Type
Discussion
Subject
1.2 Introductions
Meeting
Sep 20, 2022 - Fiscal Management Committee Meeting
Category
1. Call to Order-10:00 a.m.
Type
Discussion
2. Informational Items
Subject
2.1 Informational Summary for June 13, 2022
Meeting
Sep 20, 2022 - Fiscal Management Committee Meeting
Category
2. Informational Items
Type
Information
Subject
2.2 Annual Fiscal Management Committee Work Plan
Meeting
Sep 20, 2022 - Fiscal Management Committee Meeting
Category
2. Informational Items
Type
Information
3. Category 12 Expenses
Subject
3.1 Category 12 Expenses
Meeting
Sep 20, 2022 - Fiscal Management Committee Meeting
Category
3. Category 12 Expenses
Type
Discussion

Staff will review State Category 12 expenses for Fiscal Year (FY) 2022. Two times each year, Montgomery County Public Schools is required to provide an update on State Category 12 to the County Council. This occurs by March 31 and September 30 each year. A draft of the September 30 letter to the County Council has been prepared and will be discussed with the Fiscal Management Committee.  

4. Internal Auditor - 10:15 a.m.
Subject
4.1 Independent Activity Fund Data Report
Meeting
Sep 20, 2022 - Fiscal Management Committee Meeting
Category
4. Internal Auditor - 10:15 a.m.
Type
Discussion
Subject
4.2 Internal Audit Unit Audit Work Plan Fiscal Year 2023
Meeting
Sep 20, 2022 - Fiscal Management Committee Meeting
Category
4. Internal Auditor - 10:15 a.m.
Type
Discussion

The Fiscal Management Committee will hear information pertaining to the Internal Audit Unit work planned for Fiscal Year 2023.

5. Update - 10:45 a.m.
Subject
5.1 State Legislative Audit Update (Oral Discussion)
Meeting
Sep 20, 2022 - Fiscal Management Committee Meeting
Category
5. Update - 10:45 a.m.
Type
Discussion

Staff will update the Fiscal Management Committee on status of the State Legislative Audit that occurs every six years in Montgomery County Public Schools.

6. Operational Excellence - 11:05 a.m.
Subject
6.1 Cigna Update (Oral Discussion)
Meeting
Sep 20, 2022 - Fiscal Management Committee Meeting
Category
6. Operational Excellence - 11:05 a.m.
Type
Discussion

Staff will update the Fiscal Management Committee on the conversion from CareFirst to Cigna as a health care provider for employees and retirees.

Subject
6.2 System Upgrades and Updates on Human Capital Management Implementation/Rollout (Oral Discussion)
Meeting
Sep 20, 2022 - Fiscal Management Committee Meeting
Category
6. Operational Excellence - 11:05 a.m.
Type
Discussion

Staff will update the Fiscal Management Committee on new Human Capital Management System for Montgomery County Public Schools

Subject
6.3 Office of Inspector General Update - Retiree Overpayments (Oral Discussion)
Meeting
Sep 20, 2022 - Fiscal Management Committee Meeting
Category
6. Operational Excellence - 11:05 a.m.
Type
Discussion

Staff will update the Fiscal Management Committee on the MCPS response to the county’s Office of Inspector General report on retiree overpayments.   

Subject
6.4 Sustainability Work (Oral Discussion)
Meeting
Sep 20, 2022 - Fiscal Management Committee Meeting
Category
6. Operational Excellence - 11:05 a.m.
Type
Discussion
7. Capital Improvements
Subject
7.1 Capital Improvements Program Forecast (Oral Discussion)
Meeting
Sep 20, 2022 - Fiscal Management Committee Meeting
Category
7. Capital Improvements
Type
Discussion
8. Board Expenditure Report
Subject
8.1 Board Expenditure Report Fiscal Year 2022
Meeting
Sep 20, 2022 - Fiscal Management Committee Meeting
Category
8. Board Expenditure Report
Type
Information
9. New Business/Final Comments/Questions
10. Adjournment-12:00 p.m.
11. Next Meeting: November 14, 2022