MINUTES

In attendance: Peter Eglinton, Jeanne Whynot-Vickers, Sarah Thompson, Jules Szanton,

and Jaimey Caron

Absent: Lori Gramlich

Consideration of proposed revisions to finance policies

· DBC

- Consolidate DB, DBB, DBC, and DBG, as proposed by the policy committee. Rewrite policy to focus more on key steps and approval processes, roles, and responsibilities.

- Consider name change (i.e., School Budget Preparation).

- Contact DrummondWoodsum to inquire about model policies used by other school districts.

· DIC (Budget oversight and administration)

- Consolidate DBI, DBJ, and DIC, as proposed by the policy committee. Rewrite policy to focus more on key steps and oversight, roles, and responsibilities.

- Contact DrummondWoodsum to inquire about model policies used by other school districts.

· BDE, BDF

- Revisions to these policies, as proposed by the policy committee, were not discussed.

Update on response to the Plan for Sustainable Educational Quality in Portland

· Discussed progress to date and possible additional measures.

· Identify existing collaborations with the City that are covered by MOUs; propose MOUs to cover other collaborations.

· Identify cost-sharing arrangements for existing collaborations.

· Add column titles to status tables.

· Prepare stand-alone progress report with action items.

3. Next Steps

· Discuss with DrummondWoodsum possible model policies and proposed approaches to finance policies. (Eglinton)

· Present status of the Plan for Sustainable Education Quality to the Joint Finance Committee on August 19, 2008. (Eglinton, Whynot-Vickers, and PSC Finance Committee)

3. Miscellaneous

· Received overview of FY08 budget status

· Distributed revised draft budget for superintendent search