1/8 Business Services Committee

The Business Services Committee met at the District Office on 1/8. The committee was shown an initial budget forecast that showed a significant deficit for the upcoming year. As more information is gathered over the next couple of weeks the actual deficit will become clearer.

The committee also discussed the proposed energy savings contract with McKinstry. The original contract is for just over 2.7 million dollars. This contract is to be funded thru a lease purchase financing arrangement. A lease purchase financing arrangement is used to allow the district to purchase the equipment and install it without incurring any debt. It will be paid for by the savings from the reduced cost of monthly utilities. No action was taken as more information was asked of McKinstry regarding cost breakouts by building.

The committee at the recommendation of Mary Ellen Van Valin passed a motion to change the format of the 1 page budget flyer. Instead a post card showing the website link for the budget information will be distributed. The post card will also have the phone number of the district office for those that want a copy of the report mailed to them.

The next Business Services Committee will meet on January 28th in the District Office.