1. Call to Order - 10:00 a.m.
Subject
1.1 Call to Order
Meeting
Sep 16, 2019 - Fiscal Management Committee Meeting
Category
1. Call to Order - 10:00 a.m.
Type
Subject
1.2 Introductions
Meeting
Sep 16, 2019 - Fiscal Management Committee Meeting
Category
1. Call to Order - 10:00 a.m.
Type
2. Informational Summary
Subject
2.1 Informational Summary for May 6, 2019
Meeting
Sep 16, 2019 - Fiscal Management Committee Meeting
Category
2. Informational Summary
Type
3. Reports
Subject
3.1 Office of the Inspector General Report on Montgomery County Public Schools Telework Program
Meeting
Sep 16, 2019 - Fiscal Management Committee Meeting
Category
3. Reports
Type
Discussion

The Office of the Inspector General will present findings from its final report on the Telework Program of the Montgomery County Public Schools.

Subject
3.2 Report on the Independent Activity Fund Committee
Meeting
Sep 16, 2019 - Fiscal Management Committee Meeting
Category
3. Reports
Type
Discussion

Staff will provide a summary of the work conducted by the Montgomery County Public Schools’ Independent Activity Fund Workgroup. The committee, which met between March 2019, and June 2019, was charged to study the equity of availability of Independent Activity Funds.

4. Category 12 Expenses
Subject
4.1 Category 12 Expenses
Meeting
Sep 16, 2019 - Fiscal Management Committee Meeting
Category
4. Category 12 Expenses
Type
Discussion

Staff will review State Category 12 expenses for Fiscal Year 2019. Twice a 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 30,2019, letter to the County Council has been prepared and will be discussed with the Fiscal Management Committee.  

5. Updates
Subject
5.1 Central Investment Fund
Meeting
Sep 16, 2019 - Fiscal Management Committee Meeting
Category
5. Updates
Type
Discussion

 

Staff will provide background and review the interest rates and the amounts earned for the last three fiscal years for funds invested in the Montgomery County Public Schools Centralized Investment Fund as well as the Operating Budget.

Subject
5.2 After School Funding
Meeting
Sep 16, 2019 - Fiscal Management Committee Meeting
Category
5. Updates
Type
Discussion

Staff will provide an update on the additional funds that the Board of Education added to the Fiscal Year 2020 Operating Budget for after school activities.

6. Internal Auditor
Subject
6.1 Annual Report of the Internal Auditor, Fiscal Year 2019
Meeting
Sep 16, 2019 - Fiscal Management Committee Meeting
Category
6. Internal Auditor
Type
Information

The Fiscal Management Committee will hear information pertaining to the work accomplished during Fiscal Year 2018.

7. Board Expenditure Report
Subject
7.1 Board Expenditure Report Fiscal Year 2019
Meeting
Sep 16, 2019 - Fiscal Management Committee Meeting
Category
7. Board Expenditure Report
Type
8. New Business/Final Comments/Questions
9. Adjournment - 12:00 p.m.
10. Next Meeting - October 30, 2019