May 9, 2005

The School Budget Review Committee met in regular session on Monday, May 9, 2005, with the following members present: Director Michael Tramontina, Department of Management, Secretary; and committee members Connie Cook, Wayne Drexler, and Clark Yeager. Wayne Drexler served as chair.

1. Approval of Previous Decisions. Approved the decisions of the March 14, 2005, meeting of the School Budget Review Committee.

2. Lineville-Clio Community School District. Approved modified allowable growth for the 2004-2005 school year in the amount of $24,219 for costs associated with removal of asbestos from the elementary school.

3. Aplington-Parkersburg Community School District. Approved modified allowable growth the for the 2004-2005 school year in the amount of $139,297 for costs associated with hazardous material removal, continuing a program and loss of miscellaneous income. Denied modified allowable growth for the 2004-2005 school year in the amount of $190,000 for costs associated with reorganization.

4. BCLUW Community School District. Tabled modified allowable growth for the 2004-2005 school year in the amount of $342,806 for costs associated with conversion to the GAAP basis of budgeting pending further study by Departmental staff.

5. GMG Community School District. Tabled modified allowable growth for the 2004-2005 school year in the amount of $266,699 for costs associated with conversion to the GAAP basis of budgeting pending further study by Departmental staff.

6. Perry Community School District. Tabled modified allowable growth for the 2004-2005 school year in the amount of $750,000 for costs associated with conversion to the GAAP basis of budgeting pending further study by Departmental staff.

7. Ankeny Community School District. Tabled modified allowable growth for the 2004-2005 school year in the amount of $3,400,000 for costs associated with conversion to the GAAP basis of budgeting pending further study by Departmental staff.

8. Fort Dodge Community School District. Approved modified allowable growth for the 2004-2005 school year in the amount of $3,083,304 for costs associated with conversion to the GAAP basis of budgeting.

9. Waterloo Community School District. Approved modified allowable growth for the 2004-2005 school year in the amount of $6,434,000 for costs associated with conversion to the GAAP basis of budgeting.

10. Nevada Community School District. Tabled modified allowable growth for the 2004-2005 school year in the amount of $1,110,372 for costs associated with conversion to the GAAP basis of budgeting pending further study by Departmental staff.

11. Dallas Center-Grimes Community School District. Tabled modified allowable growth for the 2004-2005 school year in the amount of $1,049,900 for costs associated with conversion to the GAAP basis of budgeting pending further study by Departmental staff.

12. Garnavillo Community School District. Denied modified allowable growth for the 2004-2005 school year in the amount $146,000 for costs associated with reorganization.

13. West Des Moines Community School District. Approved modified allowable growth for the 2004-2005 school year in the amount of $505,988 for costs associated with asbestos removal and the costs to remove an underground storage tank.

14. Des Moines Independent Community School District. Approved modified allowable growth for the 2004-2005 school year in the amount of $777,036 for costs related to open enrollment out not included in the prior year’s headcount that had not been included on the SBRC application form previously approved.

15. Returning Dropout/Dropout Prevention Programs Amendments. Approved the amended requests for modified allowable growth for the 2005-2006 school year for the Returning Dropout/Dropout Prevention Program.

16. Excess Cash Reserve Listing. Directed the Department of Management to reduce each district’s cash reserve tax levy that is in excess of the calculation specified in the Iowa Administrative Code.

17. FY06 & FY07 Meeting Schedule. Approved the FY06 and FY07 Meeting Schedule established according to the Iowa Administrative Code.