CHESTER BOARD OF EDUCATION

REPORT OF BOARD COMMITTEES

To be given to Board Secretary no later than one day after the meeting is held, for distribution to the entire board.

NAME OF THE COMMITTEE___________Finance Committee_________________________________

NAME OF THE CHAIRPERSON_________Tim Schmidt_________________________________

DATE AND HOUR OF MEETING__10/14/03 6:00PM__ LENGTH OF MEETING__until 6:30 PM

BOARD MEMBERS ATTENDING _ Janet Hoven ___________ ___Michael Adelman________

_____________________ _______________________ _____________________

ADMINISTRATORS: __Mr. Michael Roth_____ ___Mr. Ralph Goodwin___

OTHERS: __none___

SUBJECT DISCUSSED

1. Policies, new language reviewed_for 3250 and 3290________________________

CONCLUSION(s) REACHED: Policy will be submitted to BOE for approval as amended.

2. Policy 3210, .3609, and 3811______________________________________________

CONCLUSION(s) REACHED: Policy will be submitted to BOE for discarding as they are duplicates.

3. 457(b) plans_______________________________________________________________

CONCLUSION(s) REACHED: Plans will be sent to Boe for approval.

4. Employee car damage issue ______________________________________________

CONCLUSION(s) REACHED: Letter would be sent informing the employee that the BOE would not assume responsibility of the damage.

5. Competitive contract for energy_________________________

CONCLUSION(s) REACHED: RFP was reviewed and edited by board construction attorney.

6. Rental of space for Laidlaw parking of buses_____________________

CONCLUSION(s) REACHED: The board will offer $1,000/month. The money will be used to pay lease purchase of a new 25 passenger van.

7. ACES_____________________

CONCLUSION(s) REACHED: The contract for the new ACES program will be approved by the BOE.

8. PNC – unpaid interest_____________________

CONCLUSION(s) REACHED: The matter will be turned over to the board’s attorney.

Respectfully submitted,

Ralph H. Goodwin