CENTRAL BUCKS SCHOOL DISTRICT · Central Bucks School District Finance Committee Board Room of the Education Services Center – 16 Welden Drive Wednesday March 21st, 2018, 6:00pm

Finance Committee Meeting March 21, 2018

1 | P a g e

CENTRAL BUCKS SCHOOL DISTRICT

Committee Members Present Mrs. Beth Darcy, Chairperson Mrs. Tracy Suits, Member Mrs. Jodi Schwartz, Member Mr. Dave Matyas, Business Administrator Mrs. Karen Smith, Member

Others in Attendance Mrs. Sharon Collopy, Board Member Dr. Scott Davidheiser, Asst. Superintendent Dr. John Kopicki, Superintendent Mrs. Mary-Kay Speese, Director of Student Services

The meeting was called to order at 6:05 p.m. by Mrs. Darcy PUBLIC COMMENT There was no public comment. REVIEW OF MEETING NOTES The February 21, 2018 Finance Committee Meeting minutes were reviewed and approved without changes. INFORMATION/DISCUSSION/ACTION ITEMS Review of Finance Information Items: Mr. Matyas provided a review of General Fund disbursements, receipts and balances. Details were provided for the Capital Fund Checking Account and the Food Service Account. The Investment Portfolio for the month of February was reviewed. Professional Services Contracts: 300 and 500 Objects – Special Education: Mrs. Speese provided a comprehensive review of the 300 and 500 Object Vendor Summary. Typical items included expenses for the ESY program, Psychiatric Evaluations, Speech Services, and Physician Services. Audit Services Request for Proposals (RFP) Discussion: Discussion was held regarding the RFP to provide Auditing Service to the district. Details of the bid results were originally presented at the last Finance Committee meeting. Additional vetting of the firms was completed by Mr. Matyas and Mrs. Darcy, all firms received good recommendations from the clients contacted. Mr. Matyas responded to inquires from the Committee that the Business Department would be comfortable with any of the firms. The Committee agreed that the low bidder, Dreslin & Company, would be awarded the contract. Mr. Matyas will move forward with finalizing details for final board approval. 2017-2018/2018-2019 Budget Status: Mr. Matyas provided an update on the district budget. He reviewed the Governor’s Budget for 2018-2019 and its impact on our district. He noted that the State’s Independent Fiscal Office is projecting a $1.7 billion deficit for 2017-2018, which will grow through 2021-2022. The proposed 2018-2019 state budget is balanced between revenues and expenses at $32.9 billion. Discussion was held regarding the continued drain PSERs contributions continue to place on school district budgets. Mr. Matyas anticipates a 0% tax increase will be necessary in the 2018-2019 budget. He reviewed some major goals for the 2018-2019 budget, including minimizing the growth in health care costs by leaving the health care consortium, refining staffing needs and a $4 million decline in debt payments and transfers to Long Term Capital Projects. Tax Reform Senate Bill 76 (Eliminating Real Estate Taxes) was discussed, Mr. Matyas noted the bill will likely be a big topic of discussion during the 2018 election cycle. Consideration of the Proposed Final Budget will be on the agenda at the April 24th School Board meeting, with Final Budget Adoption scheduled for June 12.

Finance Committee Meeting March 21, 2018

2 | P a g e

CENTRAL BUCKS SCHOOL DISTRICT

Budget Initiatives for Staffing – Review: The Staffing Review was postponed until the next Finance Committee Meeting.

Sale of Surplus Equipment: Mr. Matyas noted the funds from the FEMO sale of obsolete equipment totaled $45,738.97, far surpassing expectations. Funds from the sale of obsolete equipment can be used for district security initiatives.

ADJOURNMENT: The meeting was adjourned at 7:46 p.m.

NEXT MEETING: The next meeting of the Finance Committee will be April 18, 2018.

Central Bucks School District Finance Committee

Board Room of the Education Services Center – 16 Welden Drive Wednesday March 21st, 2018, 6:00pm Projected time – 90 minutes

Beth Darcy, Chairperson Karen Smith, Member

Jodi Schwartz, Member Tracy Suits, Member

Dave Matyas, Business Administrator Susan Vincent, Director of Finance

Agenda

Information Items * Treasurers Report Pages 17 – 30

* Investment Report Pages 31 – 36

Other Funds Report Page 37

Tax Collection Report Page 38

Payroll Report Page 39

Benefit Report Page 40

LOGIC Report on Banking Handout

* This item(s) may be on the public board agenda for action. ~ This item(s) may require an executive session.

Please note: Public comment should be limited to three minutes

1) Call to Order Chairperson Start Time

2) Public Comment Chairperson

3) Approval of Prior Meeting Minutes Chairperson/Committee Pages 1 - 3

4) Information / Discussion / Action Items

a. Review of Finance Information Items 15 minutes Susan Vincent Pages 17 – 40

b. Professional Services Contracts: 300 and 500 Objects Special Ed. 15 minutes Mary Kay Speese / Susan Vincent

Pages 4 – 14

c. * Audit Services Request for Proposals (RFP) Discussion 5 minutes Dave Matyas Page 15

d. 2017-18 Budget Status 15 minutes Susan Vincent Handout

e. 2018-19 Budget Status 20 minutes Dave Matyas Presentation

f. Budget Initiatives for Staffing – Review 15 minutes Matyas / Dr. Kopicki Handout

g. Sale of Surplus Equipment - Update 5 minutes Dave Matyas Page 16

h.

i.

j. 5) Adjournment Chairperson End Time

6) Next Meeting Date: April 18th, 2018

Committee Members Present

Mrs. Beth Darcy, Chairperson Mrs. Susan Vincent, Director of Finance Mrs. Jodi Schwartz, Member Mr. Dave Matyas, Business Administrator Mrs. Karen Smith, Member Mrs. Tracy Suits, Member

Others in Attendance Mr. Glenn Schloeffel, Board President Ms. Andrea DiDio-Hauber, Director of Human Resources Mrs. Sharon Collopy, Board Member Mr. Robert Kleimenhagen, Jr., CFM, SFP, Director of Operations Dr. John Kopicki, Superintendent Mrs. Mary-Kay Speese, Director of Student Services Dr. Scott Davidheiser, Asst. Superintendent Mr. Jim Czyz, Director of Transportation Mrs. Danielle Turner, District Director of Athletics

The meeting was called to order at 6:05 p.m. by Mrs. Darcy PUBLIC COMMENT There was no public comment. REVIEW OF MEETING NOTES The January 17, 2018 Finance Committee Meeting minutes were reviewed and approved without changes. INFORMATION/DISCUSSION/ACTION ITEMS Review of 2016-2017 Audit: Dale Oppenauer from Maillie LLP presented an overview of the 2016-2017 Budget review, including details on required communications, audit scope and timing, and the financial report. He provided details on data extraction, including general ledger, payroll analysis and revenue analysis. He reviewed the Benford report, used to identify areas that need further investigation. He included details of a financial statement for the district for last 6 years, and commented that the Net Pension Liability has increased exponentially over the last three years. He noted the Net Position for the district was -$14,500,505. Mrs. Darcy remarked that the net position represented where the district would be if all debt needed to be paid off immediately, not a representation of the actual current financial position. Mr. Matyas commented that the net position also included the state’s portion of the liability. Mr. Oppenauer continued with a review of the statement for Governmental Funds and the Food Service Fund. Mrs. Darcy noted the net change in the Fund Balance for the General Fund showed the district was better utilizing taxpayer monies – the money brought in from taxpayers was being spent efficiently. She thanked the Business Department for their efforts regarding the audit. Review of Transportation Advisory Service Efficiency Report: Mr. Chris Andrews of T.A.S. (participating via telephone) provided a summary of the efficiency study conducted by his company. He highlighted several recommendations, including replacement of buses, optimization issues with Edulog, moving Dispatchers/Routers to a different bargaining unit and best practices for driver recruitment. He summarized the study findings by stating the CB Transportation Department is well managed and operating efficiently. Mr. Schloeffel asked for an evaluation of the findings regarding current bus routes. Mr. Andrews noted the current route structure is making efficient use of vehicles and available drivers. Central Bucks is utilizing the Edulog program for routing, which is one of the top three programs available. Mrs. Darcy asked if other districts have dispatchers/routers in separate bargaining units. Mr. Andrews noted that they did, which T.A.S. feels is a better option for dealing with the dispatcher/driver dynamic. Mr. Matyas agreed that it would be a good idea to move the dispatchers to another contract, commenting that it would be possible to move those positions to the next support contract. Mrs. Smith asked if T.A.S. considered the use of later start times during the study. Mr. Andrews noted they did look at some options, but the district would need to be more specific regarding the exact start times. Edulog would be able to offer a sample routing package based on a change in start times. Mr. Andrews

Finance Committee Wednesday March 21, 2018 . Page 1 of 40 .

commented that a change in bell times is a complex and expensive change. An important piece to consider regarding moving high schools to a later start time would be the impact on high school sports programs. Mrs. Darcy asked if T.A.S. reviewed how well First Student was meeting their contract. Mr. Andrews noted they were meeting their contract for the most part, but were having difficulties due to the driver shortage (nationwide). He commented that CB was lucky to have kept vehicles in house that could be used to cover needs not met by First Student. Mrs. Darcy asked if the district was completing a monthly recap to Administration as recommended by T.A.S, Mr. Matyas indicated there was no formal monthly report but he felt it could be done. Mrs. Suits asked if the survey encompassed all buses without differentiating between CB buses and First Student buses, Mr. Andrews indicated it did not differentiate. Mrs. Suits wondered if parent were ever surveyed, Mr. Andrews commented that T.A.S. has not done so. Mrs. Schwartz asked if transportation was provided to students on designated “hazardous” routes regardless of the distance to the school, Mr. Matyas stated yes - the district is responsible for transportation on any route designated “hazardous” unless a crossing guard can be provided. Mrs. Smith inquired if building principals receive a list of students and their transportation arrangements, Mr. Czyz noted a list is provided at the beginning of every school year. Updates are given electronically and available on Infinite Campus. Mrs. Schwartz asked if a parent survey regarding transportation could be done, Dr. Kopicki noted it would be a worthwhile venture but the Board should decide the goals of a parent survey before moving forward. Mrs. Darcy commented that it seemed from a parent perspective there were more issues with First Student routes than CB routes. When asked, Mr. Andrews noted the study did not address the idea of another CB bus depot but did recommend the addition of more parking. Mr. Czyz provided information on details regarding special needs and homeless students. Mrs. Darcy expressed support of the idea the district pay mechanics for getting and maintaining ASE School Bus Certification. Audit Services Request for Proposal Update: The district has used the same audit firm since 2008. At the Board’s request, an RFP was sent to seven firms, four responded. All four are highly recommended and can meet district criteria. Mr. Matyas noted the Business Department would be comfortable using any of the four firms. Mr. Schloeffel asked if a four-year contract renewable yearly would be an option, Mr. Matyas indicated it could be structured as such. Mrs. Darcy indicated she would like to make some phone calls to other districts regarding their experience with some of the firms. The Business Department will continue to vet the firms. Mrs. Suits suggested that they be asked if their proposed fees were firm or if there were overages. Mrs. Vincent noted a determination on which firm should be made by the end of March to ensure CB would get on their schedule. Dr. Kopicki suggested a recommendation be given at the next Committee meeting, for inclusion on the full Board agenda at the end of March. Review of Finance Information Items/Review of Long Term Investing: Mrs. Vincent provided a review of financial information including disbursements, general fund balance, capital fund disbursements and food service disbursements. She reviewed investments placed, noting that other than Quakertown National Bank there were no opportunities for good rates on long-term investments lasting more than a year. Investments were made at a 1.75-1.8% interest rate. She reviewed the district investment portfolio. Professional Services Contracts: 300 Object Special Education: Mrs. Vincent presented a report of the contracted services for Special Education/Student Services during the 2016-2017 school year. Mrs. Speese summarized the specific services covered in the report. Mrs. Vincent noted the 1200 Object items will provided separately. Review of Possible Changes to Transportation for Sports Trips: Mr. Matyas noted that a review of transportation expenses related to sports trips had been completed by himself, Mr. Czyz, Dr. Davidheiser and Mrs. Danielle Turner. Mrs. Turner presented information regarding suggested transportation changes for sports trips. Combining sports trips does create issues, including loss of instructional class time, considerable wait time when events end at different hours, and lack of space for equipment needs. The purchase of a larger bus could help with those issues. The district utilizes two buses when JV and Varsity events have different start times due to several concerns, including supervision and the


unavailability of locker room facilities at away games (students would be in the stands in all types of weather with their equipment waiting for their event to start). Current district policy dictates that students may not ride home with parents after sporting events unless there is an exceptional need. Mrs. Turner noted that if there were a policy change, it may be possible to have two buses transport athletes to an event with only one required to return them home. However, that situation would require an extreme amount of coordination to ensure each student’s safe return from a sporting event. Mrs. Turner’s recommendation would be to purchase three 90 passenger buses with adequate under storage. Those buses could then be utilized to combine some team events. Mr. Matyas indicated a larger bus (90 passenger) would cost an additional $30,000 over the cost of a regular bus (77 passenger). The purchase of the larger capacity buses for sport use would allow current buses to be moved back in the rotation for general transport. Budgeted funds for bus replacement could be directed to purchasing larger capacity buses. Mr. Czyz will prepare specifications and a bid will be put out, results will be brought back to Committee for review. Mrs. Turner presented details regarding a bid held for a uniform sponsorship deal with approved Costars vendor BSN Sports. Game day apparel items normally purchased and issued by the school district would be provided by Nike through BSN. It is a five-year deal (negotiated yearly), requiring all high school athletes wear Nike gear within 3 years and middle school athletes within five years. Nike will provide the district with $40,000 every year of the five-year deal, covering the cost of middle school uniforms and coaching shirts – that money will offset the current cost to the district for middle school uniforms. Parent groups would be provided with a discount opportunity on team apparel/products. Mrs. Darcy asked if neighboring districts participate in this type of program, Mrs. Turner indicated there were several. Mr. Schloeffel asked about the possibility of Nike offering sports scholarships as part of the deal, Mrs. Turner will approach BSN with that idea. Mrs. Turned noted the deal will be reviewed by the district solicitor. She will have a conversation with BSN regarding all concerns addressed by the Committee. The deal will be included for approval on the next full Board agenda, and further discussion can be held at that time. Farm Real Estate Tax Credits: Mr. Matyas noted that after the January 23rd Board meeting there had been discussion concerning whether the district could create an extra real estate tax credit for farms within district boundaries. District Solicitor Jeff Garton stated that the district cannot develop extra tax credits to benefit a sub group of real estate tax payers without state statutory authority. Analysis of 6% Budgeted Increase for 400 Series of Expense Objects: Mrs. Vincent provided a review of preliminary budget items for the 400 Object series. Discussion: State Senate Bill 2 – Voucher Proposal: Mrs. Smith provided details about the proposed Senate Bill 2 regarding vouchers for students in under-performing school districts. She stated that PSBA is proposing that school districts consider adopting a resolution opposing the bill. Mrs. Collopy remarked that she was not in favor of signing a resolution that has nothing to do with our school district, noting board members could offer their own opinions to their own local legislators if they chose to. Mrs. Darcy commented that she felt the same way, board members should focus on the concerns of our district. Mrs. Smith stated that there should be times the district looks at the bigger picture and does not focus only on CB concerns. Mr. Schloeffel noted he would have a hard time voting to sign the resolution if not all board members were in favor. Mrs. Schwartz indicated she would have no issue signing the resolution. Dr. Kopicki suggested Mrs. Smith speak with the rest of the board members regarding the issue of signing the resolution and then a final decision could be made. ADJOURNMENT: The meeting was adjourned at 8:28 p.m. NEXT MEETING: The next meeting of the Finance Committee will be March 21, 2018.


Amount Source Name Description

G/L Account No.

Obj Code

COST CENTER 78 - SPECIAL ED 300 OBJECT VENDOR SUMMARY15,746.64 BUCKS COUNTY IU #22 FAIR SHARE BILLING 2016-17 1200 322

863,265.87 TOTAL BCIU

387.75 MONTGOMERY COUNTY I.U. MCIU Cost Plan 1200 322129.25 MONTGOMERY COUNTY I.U. MCIU Cost Plan 1200 322517.00 TOTAL Montgomery IU

14,580.00 DELAWARE CO. INTERMEDIATE UNIT ESY Tuition 1290 33014,580.00 TOTAL Delaware IU

360.00 KINETIC REHABILITATION SERVICE OT Services 1290 3304,395.00 KINETIC REHABILITATION SERVICE ESY Professional Services 1290 3304,755.00 TOTAL Kinetic Rehailitation

7,472.50 ZENCAK, MR. & MRS. KEVIN ESY Camp Reimbursement 1290 3307,472.50 Total Zencak

1,675.00 CZERWINSKI, SANDRA ESY Camp Reimbusement 1290 3301,675.00 Total Czerwinski

6,489.00 SPEECH PATHOLOGY CONSULTANTS, INC. ESY Speech Services 1290 3306,489.00 Total Speech Pathology Consutlants

3,600.00 FUDALA, LINDA ESY Camp Reimbursement 1290 3303,600.00 Total Fudala, Linda

6,325.73 AUSTILL'S REHABILITATION SERVICES Blanket - OT/PT 1290 3301,407,858.82 Total AUSTILL'S REHABILITATION SERVICES

780.00 DANTZIC, SONDRA ESY Camp Reimbursement 1290 330780.00 Total DANTZIC, SONDRA

5,735.00 CARBON LEHIGH INTERMEDIATE UNIT #21 OT 1290 3305,735.00 Total CARBON LEHIGH INTERMEDIATE UNIT #21

360.00 HENDRI, JENNIFER ESY reimbursement 1290 330360.00 Total HENDRI, JENNIFER



G/L Account No.

Obj Code

480.00 MORRISON, CATHARINE ESY Reimbursement - Math & Language Instruct1290 330200.00 MORRISON, CATHARINE ESY - Speech & Language Reimbursement 1290 330680.00 Total MORRISON, CATHARINE

524.40 BURKE, DAVID & LULA ESY - OT/Speech Therapy Reimbursement 1290 330524.40 Total BURKE, DAVID & LULA

1,700.00 SALVATI, DONNA & DAVID ESY Camp Reimbursement 1290 3301,700.00 Total Salvati, Donna & David

1,614.00 PLUMMER, LAWRENCE AND KAREN ESY Reimbursement 1290 3301,614.00 Total PLUMMER, LAWRENCE AND KAREN

6,750.00 THE NEXUS SCHOOL ESY Tuition 1290 3306,750.00 Total THE NEXUS SCHOOL

16,350.00 MARPLE NEWTOWN SCHOOL DISTRICT ESY Tuition 1290 33016,350.00 Total Marple Newtown School

1,512.00 MCCAULEY, TIFFANY ESY Camp Reimbursement 1290 3301,512.00 Total MCCAULEY, TIFFANY

384.00 WADDELL, RYAN & BRITTANY Private Tutor Reimb. 1290 330384.00 Total WADDELL, RYAN & BRITTANY

0.20 SANDRA HENDEL ESY Speech service reimbursement 1290 330262.00 SANDRA HENDEL ESY Speech service reimbursement 1290 330262.20 Total SANDRA HENDEL

152.95 RUSH, JENNIFER AND MICHAEL ESY Private reimbursement 1290 330226.64 RUSH, JENNIFER AND MICHAEL Reimbuse for Private S/L services 1290 330379.59 Total RUSH, JENNIFER AND MICHAEL

4,452.84 CHESTER COUNTY INTERMEDIATE UNIT ESY Tuition 1290 3302,109.24 CHESTER COUNTY INTERMEDIATE UNIT ESY Tuition 1290 3306,562.08 Total CHESTER COUNTY INTERMEDIATE UNIT

2,921.00 FOUNDATIONS BEHAVIORAL HEALTH ESY Tuition 1290 3302,921.00 Total FOUNDATIONS BEHAVIORAL HEALTH

2,356,727.46



G/L Account No.

Obj Code

IDEA53,086.24 BUCKS COUNTY IU #22 IU Agreed Upon Service Fee 1200 322

180,703.28 BUCKS COUNTY IU #22 trnsf portion of I.U. exp to IDEA 1200 32918,425.50 BUCKS COUNTY IU #22 ESY Professional Services 1200 329

252,215.02

ACCESS15,840.00 HOUGHTON MIFFLIN HARCOURT Read 180 1200 329

502.00 INTEGRA ONE p.o.#17003005 1200 329502.00

1,890.00 LAKESIDE EDUCATIONAL NETWORK Blanket - Consulting Services 1200 32979,860.52 Total

725.00 DAVID A NOVER. M.D., P.C. Blanket - Psychiatric Evaluations 1200 329725.00 Total

770.00 SCHMIDT, BRIDGET Blanket - Counsulting Services 1200 32948,014.50 Total

2,470.00 THE DEVEREUX FOUNDATION CTR Blanket - Behavioral Support Services 1200 32958,757.50 Total

948.00 SPEECH PATHOLOGY CONSULTANTS, INC. Blanket for Speech Services 1200 3296,257.25 Total

1,123.75 EPIC DEVELOPMENTAL SERVICES Blanket - Behavior Support Services 1200 3298,233.75 Total

46.00 KING, KIMBERLY Speech License Renewal 1200 32946.00 Total

840.00 FERTIG, RICK Blanket - Speech Servies - Del Val 1200 32917,640.00 Total



G/L Account No.

Obj Code

82.50 THE CONSERVATORY Blanket - The Conservatory 16.17 SY 1200 3291,320.00 Total

2,420.00 SHERRY COX Group Therapy 1200 3296,325.00 Total

68,886.00 LEADER SERVICES IEP Writer 1200 32968,886.00 Total

490.00 EBS HEALTHCARE Blanket for Speech Services 1200 32914,210.00 Total

500.00 ERIK X RAJ, LLC Speech Services 1200 329500.00 Total

2,500.00 LAZAR, MARY F. PSY.D. Educational Evaluation 1200 3292,500.00 Total

253.38 THE COMMUNICATION CONNECTION, INC. Blanket - Hearing Services 1200 3291,231.04 Total

46.00 LIPPMAN, LESLIE Speech License Renewal 1200 32946.00 Total

46.00 ROTHSTEIN, MICHELE Speech License Renewal 1200 32946.00 Total

46.00 BACALLES, LINDSAY Speech License Riembursement 1200 32946.00 Total

46.00 GORDON, CARRIE Speech License Renewal 1200 32946.00 Total

46.00 MUSITANO, NATALIA Speech License Renewal 1200 32946.00 Total

46.00 DIMARZIO, GILLIAN Speech License Renewal 1200 32946.00 Total



G/L Account No.

Obj Code

2,029.00 BARTNETT, KAREN Nurse Insurance Reimbursement 1200 3292,029.00 Total

345,555.56

Physician Services 2400-300 Function7,500.00 WERNER, JOSEPH M.D. Physician Services 2400 3307,500.00 WERNER, JOSEPH M.D. Physician Services 2400 3304,250.00 DR. LOUIS MARINO Physician Services 2400 3304,250.00 DR. LOUIS MARINO Physician Services 2400 3305,460.00 BOYLAN, DOUGLAS M.D. Physician Services 2400 3305,460.00 BOYLAN, DOUGLAS M.D. Physician Services 2400 3303,900.00 DR. KIERAN CODY Physician Services 2400 3303,900.00 DR. KIERAN CODY Physician Services 2400 3305,000.00 DR. SUSAN KRESSLY Physician Services 2400 3305,000.00 DR. SUSAN KRESSLY Physician Services 2400 33052,220.00 Total



G/L Account No. Obj Code

1400 - 300 Function/Object600.00 BUCKS COUNTY IU #22 Homebound 1430 329

7,950.00 Total

90.00 THE CHILDREN'S HOSPITAL OF PHILADELPHIA Homebound 1430 3291,035.00

58.00 KIDS PEACE NATIONAL CENTERS Homebound 1430 329899.00

870.00 FOUNDATIONS BEHAVIORAL HEALTH HB 1430 329870.00 FOUNDATIONS BEHAVIORAL HEALTH

360.00 PROFESSIONAL EDUCATION SERVICES Homebound 1430 3292,160.00 PROFESSIONAL EDUCATION SERVICES

196.00 HORSHAM CLINIC Homebound at Horsham Clinic 1430 32910,276.00

300.00 EDUCATION INC Homebound 1430 3292,370.00 Total

200.00 NEMOURS/ALFRED I. DUPONT HOSPITAL FOR CHILDREN Homebound 1430 329360.00 NEMOURS/ALFRED I. DUPONT HOSPITAL FOR CHILDREN Homebound 1430 329560.00 Total

3,229.00 EDUCERE, LLC Homebound - Virtual 1430 32923,018.00 Total

150.00 THE MEADOWS Homebound 1430 329150.00 Total

2,655.00 BELMONT BEHAVIORAL HOSPITAL, LLC Homebound 1430 3293,465.00 Total

52,753.00

1412 Total THE CHILDREN'S HOSPITAL OF PHILADELPHIA

1658 Total KIDS PEACE NATIONAL CENTERS

005245 Total HORSHAM CLINIC




2100-300 Vendor Summary487.50 SWEET, STEVENS, KATZ & WILLIAMS LLP Spec. Ed Legal Services 2190 330195.00 SWEET, STEVENS, KATZ & WILLIAMS LLP Spec. Ed Legal Services 2190 330682.50 Total

225.00 INTERQUEST DETECTION CANINES CANINE PATROL DOGS FOR 2016-2017 2190 3303,150.00 Total

1,046.32 HARTZELL, GLENN M. Professional Svcs 2190 330522.91 HARTZELL, GLENN M. Professional Svcs 2190 330

1,569.23 Total

500.00 PEACE PRAXIS EDUCATIONAL SERVICES Professional Development 2190 330500.00

9,900.00 THE COUNCIL OF SE PENNSYLVANIA, INC SAP Program 2190 33017,200.00 THE COUNCIL OF SE PENNSYLVANIA, INC SAP Program 2190 33027,100.00 Total

3,000.00 DR. KATHERINE DAHLSGAARD Speaking Engagment 2190 3303,000.00 Total

350.00 BUCKS COUNTY OPPORTUNITY COUNCIL, INC Staff Training Session 2190 330350.00 Total

450.00 AUTISM SPECTRUM DIAGNOSTICS & CONSULTING Presentation for Special Needs 2140 330450.00 Total

500.00 JANE AJAYA Presentation on Student Anxiety 2140 330500.00 Total

2,500.00 WYDIAH HUDSON Private Eval. Reimbursement 2140 330431.78 WYDIAH HUDSON MEDICAL EXPENSE FOR JESSICA 2190 330150.00 WYDIAH HUDSON FOR HAYDEN MEDICAL EXP 2190 330

3,081.78 Total

39,896.01


Amount Source Name


90,694.26 DELAWARE CO. INTERMEDIATE UNIT 1200 568182,000.00 COMPREHENSIVE LEARNING CENTER 1200 568569,508.89 NEW HOPE ACADEMY 1200 56852,660.00 VALLEY DAY SCHOOL 1200 568

149,190.27 RADNOR TOWNSHIP SCHOOL DISTRICT 1200 56883,930.00 MARPLE NEWTOWN SCHOOL DISTRICT 1200 5689,867.00 SCHOOLS OF SPECIAL EDUCATION 1200 568

50,000.00 PA LEADERSHIP CHARTER SCH 15-16 RECONCILIATION1,187,850.42 1200 568




17,232.56 REACH CYBER CHARTER SCHOOL Total 1290 56217,094.39 ACHIEVEMENT HOUSE CHARTER SCHOOL Total 1290 562

115,813.98 THE PA CYBER CHARTER SCHOOL Total 1290 562122,277.85 COMMONWEALTH CHARTER ACADEMY Total 1290 56289,428.23 AGORA CYBER CHARTER SCHOOL Total 1290 56222,378.91 PA DISTANCE LEARNING CHARTER SCHOOL Total 1290 56223,112.97 21ST CENTURY CYBER CHARTER SCHOOL Total 1290 56212,405.46 PA LEADERSHIP CHARTER SCHOOL Total 1290 5623,788.00 BASIC ED DEDUC PA LEADERSHIP CHRT SCH PMT Total 1290 562

284,697.52 BASIC ED JUNE 1- SUBSIDY DED-APS 2015-16284,697.52 BASIC ED JUNE 1- SUBSIDY DED-APS 2015-16 Total 1290 567

2,472.44 BASIC ED JUNE 1- SUBSIDY DED-IU INST CHILD 15-162,472.44 BASIC ED JUNE 1- SUBSIDY DED-IU INST CHILD 15-16 Total 1290 594997,872.27


Amount

Sour Source Name Description


63,757.58 21 CENTURY CYBER CHARTER SCH RECLASS ACCT Total 1100 56254,630.02 21ST CENTURY CYBER CHARTER SCHOOL Total 1100 5627,802.42 ACHIEVEMENT HOUSE CHARTER SCH RECLASS ACCT Total 1100 5623,533.57 ACHIEVEMENT HOUSE CHARTER SCHOOL Total 1100 562

-6,435.45 AGORA CHARTER SCH REFUND 1617 Total 1100 56251,837.91 AGORA CYBER CHARTER SCH RECLASS ACCT Total 1100 56241,420.15 AGORA CYBER CHARTER SCHOOL Total 1100 5625,863.10 ARTS ACADEMY CHARTER SCH RECLASS ACCT Total 1100 5624,850.71 ARTS ACADEMY CHARTER SCHOOL Total 1100 562

50,326.27 BASIC ED DEDUC PA LEADERSHIP CHRT SCH PMT Total 1100 56212,142.54 BASIC ED JUNE 1- SUBSIDY DED-PRRI NEW LIFE YFS 12- Total 1100 568

173,317.91 COMMONWEALTH CHART ACADEMY RECLASS ACCT Total 1100 562127,833.12 COMMONWEALTH CHARTER ACADEMY Total 1100 562

4,022.14 CORR ACHIEVEMENT HOUSE CHART SCH CODING Total 1100 562316.21 LEHIGH VALLEY CHARTER SCH RECLASS ACCT Total 1100 562

112,006.72 PA CYBER CHARTER SCH RECLASS ACCT Total 1100 562-6,646.19 PA CYBER SCH CORR CODING FOR CREDIT ISSUED Total 1100 5626,945.42 PA DISTANCE LEARN CHARTER SCH RECLASS ACCT Total 1100 5624,013.16 PA DISTANCE LEARNING CHARTER SCHOOL Total 1100 562

-46,500.00 PA LEADERSHIP CHARTER SCH ACCR 1516 Total 1100 56261,716.34 PA LEADERSHIP CHARTER SCH RECLASS ACCT Total 1100 56263,357.87 PA LEADERSHIP CHARTER SCHOOL Total 1100 56232,665.82 PA VIRTUAL CHARTER SCH RECLASS ACCT Total 1100 56231,092.30 PA VIRTUAL CHARTER SCHOOL Total 1100 56218,181.26 REACH CYBER CHARTER SCH RECLASS ACCT Total 1100 5628,026.32 REACH CYBER CHARTER SCHOOL Total 1100 5627,285.39 SCHOOL LANE CHARTER SCHOOL Total 1100 5623,792.18 SOUDERTON CHARTER Total 1100 5623,350.34 SOUDERTON CHARTER SCH RECLASS ACCT Total 1100 562

78,536.47 THE PA CYBER CHARTER SCHOOL Total 1100 562973,041.60



G/L Account No.

Obj Code

5,938.00 R. Rodrigo Total CREFELD SCH PREPD DEP FOR 1617 SY R RODRIGO 1442 56953,884.35 Berkeley Heights Total ACCR BERKELEY HEIGHTS TUITION INV 1442 56975,000.00 Camphill Spec School Total ACCR CAMPHILL SPEC SCH INV 1617 TUITION SETTLEMENT 1442 5691,168.50 BERKS COUNTY I.U. Total Tuition 1441 569

545,828.00 BUCKS COUNTY IU #22 Total Tuition 1441 569246,330.00 BUCKS LEARNING ACADEMY Total Tuition 1442 569

9,922.50 CENTRAL SUSQUEHANNA IU Total Tuition 1441 56936,132.00 CREFELD SCHOOL Total Tuition 1442 569

196,450.00 FOUNDATIONS BEHAVIORAL HEALTH Total Tuition - Lifeworks 1442 5695,215.56 GROVE CITY AREA SCHOOL DISTRICT Total Tuition - GJR 1441 569

34,600.00 HILL TOP PREPARATORY SCHOOL Total Tuition 1442 56995,900.00 HMS SCHOOL FOR CHILDREN WITH C.P. Total Tuition - J.Shotz at HMS 1442 56935,000.00 KNEDLER, MR & MRS NATHAN Total Tuition 1442 569

551,041.50 LAKESIDE EDUCATIONAL NETWORK Total Tuition 1442 56928,866.25 LEVINE, WENDY & SCOTT Total Tuition 1442 5693,952.00 MCHUTCHISON, JONATHAN & ERIN Total Settlement Funds 1442 569

18,909.70 MERAKEY Total Tuition 1442 56910,678.25 MONTOUR SCHOOL DISTRICT Total Tuition 1441 5693,191.25 NESHAMINY SCHOOL DISTRICT Total Tuition 1441 569

912.00 NEW HOPE ACADEMY Total Tuition 1442 5691,350.00 PACKLAIAN, CLAUDIA Total Settlement 1442 569

13,452.00 PENNRIDGE SCHOOL DISTRICT Total Tuition 1441 56924,300.00 PLA, MARYCECELIA & GEORGE Total Settlement 1442 5695,844.00 QUAKERTOWN COMMUNITY S. D. Total Tuition 1441 5693,300.00 THE CENTER FOR NEUROPSYCHOLOGY & COUNSELINsee po #17003245 1442 569

124,250.00 THE NEXUS SCHOOL Total Tuition 1442 56914,500.00 TRUST UNDER THE WILL OF JANE B. JACKSON Total Tuition 1442 569

2,145,915.86


Barbacane, Thorton & Company LLP Gorman & Associates, P.C. BBD, LLP Dreslin & Company, Inc

Office locations Wilmington , DE Northampton, PA Philadelphia, PA East Norriton, PAMedia, PA West Chester, PA

Firm Established 1978 2006 1997 1920

Firm specialty Nonprofit & Governmental Nonprofit & Nonprofit &Government Sector Audits Government Sector Government Sector

Staff Size 20 w/ 5 Partners Audit performed by 70 w/ 8 Partners overall 12 Professionals5 staff Accountants and 1 Principal 25 w/ 3 Partners devoted to 1 Shareholder-dedicated to CBSD

Nonprofit & Government Sector 4 Accountants/2 Professionals

West Chester Area SD Bethlehem Area SD Council Rock SD School District of JenkintownClients Bensalem Township SD East Penn SD Downingtown Area SD School District of Springfield Twp

Delaware County IU Brandywine Heights SD Garnet Valley SD Middle Bucks Institute of TechnologySchool District of Philadelphia Northern Lehigh SD Perkiomen Valley SD Eastern Center of Arts & Tech

Allentown SD (past client) Upper Bucks Technical School School District of Lancaster Quakertown Community SD (past client)

CAFR Award Delaware County IU & SD of Philadelphia

Peer Review Pass Pass Pass Pass

Pre- audit conference - May 2018 Informational packet - June 2018 Pre-audit conference - TBD Planning phase - May-July 2018Schedule Interim field work - June 2018 Field work - Before/After Fiscal Year End Interim fieldwork - June/July 2018 Audit fieldwork - Sept 10

Audit Plan - June 2018 Completed Audit Report - Dec 1, 2018 Audit Plan - Prior to Full on-site Draft Financials/Mgmt Letter - Oct 10Full on-site - Sept 2018 Full on-site - Sept 2018 Discussion/Analysis to Dreslin - Nov 1

Draft financials/Mgmt Letter - Oct 10, 2018 Draft Financials/Mgmt Letter - Oct 10, 2018 Final Financial Report - Dec 1Final Financial Report - Dec 1, 2018 Final Financial Report - Dec 1, 2018

School Board Presentation - Dec 2018 School Board Presentation - TBD by CBSD

Fees2017-18 $45,000 $45,400 $40,000 $29,5002018-19 $45,500 $45,400 $40,000 $29,5002019-20 $46,000 $45,400 $41,000 $29,5002020-21 $46,500 $45,400 $42,500 $29,500

Total $183,000 $181,600 $163,500 $118,000

Add'l Services hourly rate: $95-$325 hourly rate: $85 Partner/Staff hourly rate: $80-$250 hourly rate: $80-$140

Notes

Annually host client only seminars free of charge that cover new GASB and related standards.

Firm's philosophy is to perform more quality oriented audit procedures in testing of balances and transactions versus reliance upon internal controls that can be circumvented at any time.

Ranked as one of the 25 largest CPA firms in the Greater Philadelphia Area by Philadelphia Business Journal.

Significant knowledge in regards to the requirements of conducting Uniform Guidance and Single Audits.

Dedicates all resources to the nonprofit and government industry sectors.

Firm has an on-going rapport with the Comptroller's office in Harrisburg where they discuss various accounting issues pertaining to school districts.

Nonprofit is approximately 40% of the firm's business.

Will audit PLANCON forms

Significant knowledge in regards to the requirements of conducting Uniform Guidance and Single Audits.

Member of AICPA since 1980.

Firms not responsing to RFP: Rainer & Company,Newtown Square, PA, Parentebeard LLC, Huntington Valley, PA, William Smith & Brown, PC, Princeton, NJ

Central Bucks School DistrictProposal to Provide Auditing Service



DMATYAS

Text Box

The funds from the sale of obsolete equipment can be used for district security initiatives.

























Documents

CENTRAL BUCKS SCHOOL DISTRICT · Central Bucks School District Finance Committee Board Room of the Education Services Center – 16 Welden Drive Wednesday March 21st, 2018, 6:00pm