A good understanding of anticipated year end results is vital to effective financial planning for a school district. The annual audit should not present surprising results. Monthly tracking of the budget provides a good understanding of the anticipated year-end financial position of the district and sets the stage for meaningful dialogue about the financial future of the school district. This session will present ways to track budget performance to effectively predict year end fund balances
Learn the basics of the different retirement plans offered by Minnesota school districts and available for Minnesota school personnel including IRAs, Roths, 403(b)s, and 457(b)s. Learn the differences between various retirement plans and how they can be used together to achieve tax savings and deferrals.
The purpose of nondiscrimination testing is to ensure that tax-free benefits are not being provided disproportionately to higher compensated employees. Learn the basics of nondiscrimination testing, some common reasons that benefit plans fail, and some strategies to try to prevent failures.
In just over a year the Menahga School was able to move from a September audit to a July audit that in the eyes of the auditors, it could not have been much more efficient and concise. Kyle Bergem, the Business Manager from Menahga and their auditor Brian Stavenger from Eide Bailly will explain the proactive strategies that led to this transformation from both perspectives.
There are several regulations, various recommendations, and many resources concerning indoor air quality in schools. This session will discuss IAQ and summarize requirements and guidelines to maintain and improve indoor air. The presentation will focus on IAQ plans, radon, ventilation, and air cleaning.
Topics include personnel policies, hiring procedures, job descriptions, performance appraisals and pay equity reports. Labor relations, contract administration, staffing projections and legislation affecting personnel and EEO coordinator will also be covered.
Topics include long term facilities maintenance, financing capital projects, facilities planning, plant management, emergency preparedness and energy management.