Galesburg Reporter

Mercer County School District 404 Board of Education Finance Committee met Aug. 18

Here is the agenda provided by the committee:

Building Committee Members

Bill Smock (chair), Jason Monson (secretary), Zach Frick

1. Call to Order

2. Roll Call

3. Public Comment

4. District Office Update

5. Monthly Review

5.1. Finance Committee Meeting Minutes (July 14, 2025) (no quorum)

5.2. Bill List

5.3. Treasurer's Report

5.4. Imprest Report

5.5. P-Card Report

5.6. Activity Accounts

5.7. Expense Report

5.8. Fund Balances Report

5.9. Health Insurance Report

5.10. Revenue Report

6. Discussion

6.1. Potential Bond Abatement

6.2. FY26 Tentative Budget

6.3. 2025 Tentative School Tax Levy

6.4. Funding HS Building Upgrades

6.4.1. 10-year Health Life Safety Study estimate (HS only)

6.4.2. Projected HS classroom usage analysis

6.4.3. Updated cost estimate for previously approved design

6.5. HS Mold Mitigation financial considerations

6.6. FY27 PREK Placement financial considerations

7. Action Items

7.1. Approval of Recommendations to the BОЕ

7.1.1. Approve August Financials (Bill List & Reports)

7.1.2. Approve Supplemental Budget for NBE Playground

7.1.3. Approve FY26 Tentative Budget at the September BOE meeting

7.1.4. Approve 2025 Tentative School Tax Levy at the September BOE meeting

7.1.5. Approve FY27 PREK placement recommendation

8. Adjourn

https://www.mercerschools.org/_files/ugd/61ee79_be1d0282c27443809adabc2a014875f9.pdf