Galesburg Reporter

Mercer County School District 404 Board of Education Finance Committee met Oct. 14

Here is the agenda provided by the board:

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 September 22, 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

6.1.1. 10-year Health Life Safety Study estimate (HS only)

6.1.2. Updated cost estimates for HS renovation design

6.1.3. Financial components of fleet management plan

6.1.4. Financial Update for Building Project #3495

6.1.4.1. Original Contract

6.1.4.2. New Contract Sum

6.1.4.3. Balance to Finish

6.1.4.4. Paying Outstanding Bills (approach)

7. Action Items

7.1. Approval of Recommendations to the ВОЕ

7.1.1. Continue moving forward 10-year Health Life Safety Study estimate (HS only)

7.1.2. Continue moving forward with updated cost estimates for HS renovation design

7.1.3. Purchase Ford Transit Van & continue moving fleet management plan forward

7.1.4. Guidance on approach to finances related to Building Project #3495

7.1.5. Develop Deficit Reduction Plan

8. Adjourn

https://www.mercerschools.org/_files/ugd/61ee79_a666581beb054b638d2b1889689dd293.pdf