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WCPSS--Board of Education

OPEN SESSION

CALL TO ORDER - 3 p.m.

QUORUM DETERMINATION


PLEDGE OF ALLEGIANCE


INFORMATION

Chair's Comments
Superintendent's Report

APPROVAL OF MEETING AGENDA


INFORMATION ITEMS


1. WCPSS STUDENTS WITH MULTIPLE ACADEMIC RISKS: ACHIEVEMENT PATTERNS AND SCHOOL EXPERIENCES

This study focused on effective practices for students with multiple academic risk factors (students with disabilities, students eligible for free or reduced-price lunch, and/or students with limited English proficiency). We found that achievement patterns over several years differ between students making stronger and weaker achievement growth on End-of-Grade tests. Sixteen case studies revealed that students with positive achievement patterns were more likely to show signs of resilience in their personal characteristics, school experiences, and/or home support than were students with negative achievement patterns. Fiscal Implications: None. Recommendation for Action: Information only.

2. NAME SELECTION FOR NEW ELEMENTARY SCHOOL IN CARY (E-30)

On or about August 28, 2007, the Board of Education acquired approximately 19 acres for use as an elementary school. The elementary school site for the E-30 target area to be located thereon has a scheduled opening date of 2009. Naming of the new elementary school facility is now required. The following names are proposed for consideration (1) Kit Creek Elementary, (2) Alston Avenue Elementary, and (2) Northwest Cary Elementary.
Kit Creek Elementary is proposed because water draining from the site will flow into Kit Creek which is located south of the property, a tributary of which runs along the western boundary of the property and is the nearest notable geographic or natural feature. Kit Creek Road also intersects Alston Avenue at the northeastern corner of the property, and is planned to extend along the northern boundary of the property in the future. Alston Avenue is proposed as it identifies the road from which the school will be accessed and will help to specifically identify the location of the site. Northwest Cary Elementary is proposed as it identifies the area of Cary within which the school site is located and will help to identify the location of the site. Staff recommends name selection of Kit Creek Elementary. Fiscal Implications: None. Recommendation for Action: None, as this item is presented for information only and Board approval will be requested at the second presentation to the Board.

3. NAME SELECTION FOR NEW ELEMENTARY SCHOOL IN GARNER (E-31)

On or about August 10, 2007, the Board of Education acquired approximately 50 acres for use as a combination site for an elementary school and a middle school in the E-31 target area. The elementary school site for the E-31 target area to be located thereon is scheduled to open in 2009. Naming of the new elementary school facility is now required. The following names are proposed for consideration (1) Mahlers Creek Elementary, (2) Bryan Road Elementary, and (3) South Garner Elementary.
Mahlers Creek Elementary is proposed because water draining from the site will flow into Mahlers Creek located west of the property, a tributary of which is located along the eastern boundary of the property, and is the nearest notable geographic or natural feature. Bryan Road Elementary is proposed as it identifies the road from which the school will be accessed and will help to specifically identify the location of the site. South Garner Elementary is proposed as it identifies the area of Garner within which the school site is located and will help to identify the location of the site. Staff recommends name selection of Bryan Road Elementary. Fiscal Implications: None. Recommendation for Action: None, as this item is presented for information only and Board approval will be requested at the second presentation to the Board.

4. NAME SELECTION FOR NEW ELEMENTARY SCHOOL IN APEX (E-32)

On or about June 7, 2007, the Board of Education acquired approximately 31 acres for use as a combination site for an elementary school and to pursue a joint development opportunity with Town of Apex for town park facilities in the E-32 target area. The elementary school site for the E-32 target area to be located thereon does not currently have a scheduled opening date. Naming of the new elementary school facility is desired. The following names are proposed for consideration (1) Beaver Creek Elementary, (2) Scotts Ridge Elementary, and (3) Apex Barbecue Road Elementary.
Beaver Creek Elementary is proposed because water draining from the site will flow into Beaver Creek which is located west of the property, a tributary of which runs along the southern boundary of the property and is the nearest notable geographic or natural feature. Scotts Ridge Elementary is proposed as the intersections of Scotts Ridge Trail, and Apex Barbecue Road on the north side of the site helps to specifically identify the location of the site. Apex Barbecue Road Elementary is proposed as it identifies the road from which the school will be accessed and will help to specifically identify the location of the site. Staff recommends name selection of Scotts Ridge Elementary. Fiscal Implications: None. Recommendation for Action: None, as this item is presented for information only and Board approval will be requested at the second presentation to the Board.

5. NAME SELECTION FOR NEW MIDDLE SCHOOL IN HOLLY SPRINGS (M-9)

On or about March 13, 2003, the Board of Education acquired approximately 91 acres for use as a combination site for a high school, a middle school, and an elementary school in the M-9 target area. The site is the location of Holly Springs High and Holly Grove Elementary. The middle school site for the M-9 target area, which is located thereon, is scheduled to open in 2010. Naming of the new middle school facility is now required. The following names are proposed for consideration (1) Buckhorn Creek Middle, (2) Avent Ferry Road Middle, (3) Holly Grove Middle.
Buckhorn Creek Middle is proposed because water draining from the site will flow into Buckhorn Creek, which begins near the southern boundary of the property, and is the nearest notable geographic or natural feature. Avent Ferry Road Middle is proposed as it identifies the road from which the school will be accessed and will help to specifically identify the location of the site. Holly Grove Middle is proposed because of the prior frequent references to the site, the common association of the site with the name, and the adjacency of the site to Holly Grove Elementary. Staff recommends name selection of Holly Grove Middle. Fiscal Implications: None. Recommendation for Action: None, as this item is presented for information only and Board approval will be requested at the second presentation to the Board.

6. NAME SELECTION FOR NEW MIDDLE SCHOOL IN GARNER (M-12)

On or about August 10, 2007, the Board of Education acquired approximately 50 acres for use as a combination site for an elementary school and a middle school in the E-31 target area. The middle school site for the M-12 target area, to be located thereon, has not yet been scheduled for an opening date. Naming of the new middle school facility is now required. The following names are proposed for consideration (1) Mahlers Creek Middle, (2) Bryan Road Middle, and (3) South Garner Middle.
Mahlers Creek Middle is proposed because water draining from the site will flow into Mahlers Creek located west of the property, a tributary of which is located along the eastern boundary of the property, and is the nearest notable geographic or natural feature. Bryan Road Middle is proposed as it identifies the road from which the school will be accessed and will help to specifically identify the location of the site. South Garner Middle is proposed as it identifies the area of Garner within which the school site is located and will help to identify the location of the site. Staff recommends name selection of Bryan Road Middle. Fiscal Implications: None. Recommendation for Action: None, as this item is presented for information only and Board approval will be requested at the second presentation to the Board.

7. NAME SELECTION FOR NEW HIGH SCHOOL IN WAKE FOREST (H-2)

On or about January 10, 2000, the Board of Education acquired approximately 110 acres for use as a high school site for the H-2 target area, which is scheduled to open in 2010. Naming of the new high school facility is now required. The following names are proposed for consideration (1) Smith Creek High, (2) Forestville Road High, (3) Heritage High.
Smith Creek High is proposed because water draining from the site will flow into Smith Creek, which borders the property on the western side, and is the nearest notable geographic or natural feature. Forestville Road High is proposed as it identifies the road that the school will front on and will help to specifically identify the location of the site. Heritage High is proposed because of the prior frequent references to the site, the common association of the site with the name, and the adjacency of the site to the Heritage Elementary and Heritage Middle school campus. Staff recommends name selection of Heritage High. Fiscal Implications: None. Recommendation for Action: None, as this item is presented for information only and Board approval will be requested at the second presentation to the Board.

PUBLIC COMMENT - 4 P.M.

Citizens who signed up to address the board during public comment will be called on in priority order first for items on the agenda and then for items not on the agenda. Each individual speaker will be allowed three minutes for remarks. Issues or concerns involving personnel matters are not appropriate for this public comment setting. After 30 minutes of public comment, any speakers remaining will be recognized at the end of the agenda for their comments.

CONSENT ITEMS


APPROVAL OF MEETING MINUTES

April 11, 2007-Human Resources Committee Meeting Minutes
October 17, 2007-Joint Board of Education & County Commissioners Meeting Minutes
October 17, 2007-Community Relations Committee Meeting Minutes
November 6, 2007-Committee of the Whole Meeting Minutes

FINANCE


1. REPORT OF ADMINISTRATION APPROVED CONTRACTS

The attached summaries are provided as information in accordance with Board Policy 8361. The summaries list all change orders, and contracts having a value greater than $50,000 and not over $100,000, and purchase orders in excess of $250,000 for October, 2007. Fiscal Implications: Not applicable. Recommendation for Action: Not applicable

FACILITIES


1. UTILITY EASEMENT: PROGRESS ENERGY- BANKS ROAD ELEMENTARY (E-23)

As part of the construction process and in order to provide service to the Banks Road Elementary site, Progress Energy Carolinas, Inc., requires an easement to construct, relocate, maintain, and operate electric and/or communication facilities thereon consisting of poles, cables, wires, underground conduits, enclosures, and other pertinent facilities. The easement to be granted will allow for installation of utility service equipment where needed upon the site, with the precise location to be determined by mutual agreement and to be memorialized by site maps or drawings upon installation. The requested easement will not interfere with the Wake County Public School System's present or future use of the property. A copy of the proposed Easement and drawing is attached. Fiscal Implications: None. Recommendation for Action: Board approval is requested.

2. WATER LINE EASEMENT ACQUISITION AND DEDICATION: PROGRESS ENERGY-LAUREL PARK ELEMENTARY (E-26)

As part of the development of Laurel Park Elementary, a water line must be installed to accommodate the new structures. As a condition of site plan approval, the Town of Cary is requiring the dedication of the water line easement. The proposed water line easement route will cross a portion of the southwest corner of the neighboring property interest of Carolina Power and Light Company, dba Progress Energy (PE); it will then cross under CSX Railroad; then under Old Apex Road; and then continue within the right-of-way of Old Apex Road and tie in to an existing Town of Cary water main. An encroachment agreement has been obtained with DOT and the Town of Cary which allows for the water line to cross under Old Apex Road. CSX Railroad has also granted an easement to allow the water line to cross under the railroad tracks. In order to allow construction to proceed on schedule, it is necessary to obtain easements from Progress Energy. An easement must be acquired from PE for the portion of the water line that will cross PE's property in the southwest corner and temporary construction easements must be acquired for three bore and jack receiving pits that will be used to install the water line by boring under the railroad, Old Apex Road, and the PE service road to tie into the water main. Terms have been reached with Progress Energy to acquire the land needed for the easement acquisition and for the temporary construction easements. The requested easements will not interfere with the Wake County Public School System's present or future use of the property. A copy of the easement drawing is attached with the area of the easements identified thereon. Fiscal Implications: Progress Energy will be compensated an amount not to exceed $7,500 for the acquisition of the temporary construction easements and the acquisition of the permanent easement which crosses a portion of Progress Energy's land. Recommendation for Action: Board approval is requested.

3. CHANGE ORDER NO. GC-118: MILLBROOK HIGH

Board approval is requested for Change Order No. GC-118 to D. H. Griffin Construction, LLC. This change order, a reduction of $155,794.96, is to reconcile unused earthwork allowances and miscellaneous interior allowances associated with the Millbrook High School renovation project. Fiscal Implications : Savings will be applied to the total project budget of $30,319,168, of which $1,321,955 is from the PLAN 2000 Start Up funds, $28,865,743 is from PLAN 2004, and $131,470 is from PLAN 2000 Deferred Maintenance. Recommendation for Action: Board approval is requested.

4. CONSTRUCTION DOCUMENTS: E-30 ELEMENTARY

Staff has reviewed the construction documents and requests Board approval and authorization to advertise for the construction of E-30 Elementary School located near the intersection of Wake Road and Alston Avenue in Western Wake county. Fiscal Implications: Funding is available from the total project budget of $22,822,608, all of which is from CIP 2006. Recommendation for Action: Board approval is requested.

5. ARCHITECTURAL SERVICES AGREEMENT: PARTNERSHIP ELEMENTARY

Negotiations have been completed with HH Architecture, P.A., to provide architectural design services for roof and window replacement, painting, and masonry repair at Partnership Elementary School, in accordance with the Individual Project Proposal Agreement. Fiscal Implications: Funding is available from the total budget of $67,813,687 for CIP 2006 Life-Cycle Replacement of Building Components which includes the $1,212,900 budget for this project. Proposed compensation for the designer is $108,200. Recommendation for Action: Board approval is requested.

6. SOFTWARE LICENSE/MAINTENANCE RENEWAL: CONTRACT MANAGER

Negotiations have been completed with Primavera Systems, Inc. to provide three years of maintenance and support for the 100 Contract Manager (formerly Expedition) licenses owned by Wake County Public School Systems. The current quote to renew these licenses for a twelve month period for 2008 is $407.43 per license per year. However, if the licenses are renewed for a three year period, the cost is $341.10 per license per year with an expiration date of 1/31/2011. The three year renewal option would save almost $20,000 over 3 years even with no increase in the annual rates. Board approval is requested for the three year renewal amount of $102,330. Fiscal Implications: Funding is available from CIP 2006 Program Management budget of $22,669,394. Recommendation for Action: Board approval is requested.

7. BIDS: RELOCATE EIGHT-CLASSROOM MODULAR UNIT TO JOYNER ELEMENTARY

Bids for the modular classroom addition at Joyner Elementary were received on October 30, 2007. This includes the disassembly of an eight-classroom unit at Enloe High, and subsequent relocation and reassembly, with all services (power, water, sewer, ADA access, data, fire protection, security) required for permitted occupancy at Joyner Elementary. Staff and Rotman Architecture, PA recommend award of the single-prime contract to C. Blake Lewis Construction, Inc., in the amount of $337,448. Fiscal Implications: Funding is available from the total project budget of $16,935,553, all of which is from the CIP 2006 Mobile Classroom Relocation and Leasing, 2007-2009 project. Recommendation for Action: Board approval is requested.

8. BIDS: EIGHT-CLASSROOM MODULAR UNIT FOR DILLARD DRIVE ELEMENTARY

Bids were received on October 25, 2007 for connecting/installing all services (power, water, sewer, data, ADA access, fire protection, and security) required for permitted occupancy for an eight classroom modular unit at Dillard Drive Elementary School. Staff and HH Architecture, P.A., recommend award of the single-prime contract to C. Blake Lewis Construction, Inc., in the amount of $219,462. C. Blake Lewis Construction, Inc., was the lowest of three bidders. Fiscal Implications: Funding is available from the total project budget of $16,935,553, all of which is from the CIP 2006 Mobile Classroom Relocation and Leasing, 2007-2009 project. Recommendation for Action: Board approval is requested.

9. DESIGNER SELECTION AND AGREEMENTS: PROFESSIONAL SERVICES PACKAGE 07-B

In accordance with the designer selection procedures adopted by the Wake County Board of Education, the selection committee hereby recommends that the Board select firms in accordance with the attached recommendation summaries for the indefinite delivery service agreements for: mobile classroom design; design of capital projects under $1,000,000; civil engineering; geotechnical, material testing, special inspections, or wetland delineation; environmental design; roof consulting; landscape architecture; mechanical and electrical engineering; and surveying that comprise Professional Services Package 07-B. The selected firms will execute the appropriate form of agreement, as approved by the Board's attorney. These agreements are for work beginning January 1, 2008 through June 30, 2009. Fiscal Implications: Negotiations for the actual fee will be done on an individual project basis and funded by the specific project. Recommendation for Action: Board approval is requested.

10.TERMINATION OF MASTER JOB ORDER CONTRACT (JOC) WITH ELEVATOR SPECIALISTS, INC.

On June 19, 2007, the Board awarded the primary two year Master Job Order Contract (JOC), in the amount of $85,000, to Elevator Specialists, Inc., for elevator, wheelchair lift, and dumbwaiter installation and repair at various schools. After repeated attempts to get adequate responses and a final meeting, staff recommends a termination of the agreement with Elevator Specialists, Inc., for inadequate performance. A secondary contract also exists with Triangle Elevator for the same services and it will be increased to meet the needs for this fiscal year. Fiscal Implications: Payment will be made for work orders that have been completed to date. Recommendation for Action: Board approval is requested.

11. ENERGY AND PHYSICAL PLANT ELEVATOR INSTALLATION AND REPAIR CONTRACT

At the June 19, 2007 Board meeting, Elevator Specialist, Inc. was selected as the primary contractor for elevator, wheelchair lift and dumbwaiter installation and repair at various schools. Termination of that contract is recommended in another précis on this Board meeting agenda. Currently, there is a two year Master Job Order Contract (JOC) with Triangle Elevator to handle the overflow of calls. Staff now recommends that the contract for Triangle Elevator be increased from $10,000 to $75,000, for the first year of the two year contract, in order to meet the need. The two year Master JOC contract has been previously reviewed and approved by the Board. Fiscal Implications: No additional appropriation of funding is necessary. Recommendation for Action: Board approval is requested.

INSTRUCTIONAL PROGRAM


1. ABC ACCOUNTABILITY COMPONENTS FOR ALTERNATIVE SCHOOLS

Alternative schools are included in the 2007-2008 ABCs under a special policy adopted by the North Carolina Board of Education (HSP-C-013). The evaluation of alternative schools will be based on two state mandated achievement-based components and three local options. Local options defined by the state include attendance, dropouts, school safety/student conduct, higher expectations for student achievement, student progress and proficiency, parent involvement, community involvement, and customer satisfaction. Schools achieving five of the five components will be determined to have made high growth, at least three of the five will be expected growth, at least two of the five will be no recognition, and one or none of the five will be low performing. As part of their school improvement plans for 2007-2008, the alternative schools identified three local options that reflect their school's mission. The local options selected by the schools have been approved by the school improvement teams and must in turn be approved by the local school board. Mt. Vernon School, Mary E. Phillips High School, and River Oaks Middle School are designated as alternative schools. Longview is designated as a special education school, which does not submit local objectives. Fiscal Implications: ABC incentive funds will be received from the state for the system's three alternative schools, Mt. Vernon School, Mary E. Phillips High School and River Oaks Middle School if they achieve their objectives. Recommendation for Action: Board approval is requested.

2. GRANT PROPOSALS

Competitive (#1197): The Woman's Club of Raleigh / Individual schools.
Competitive (#1198): Hamburger Helper / Individual schools.
Competitive (#1199): National Gardening Association / Individual schools.
Fiscal Implications: Any required cash and/or in-kind matching contributions vary by grant program. Recommendation for Action: Staff is requesting Board approval.

HUMAN RESOURCES


1. RECOMMENDATIONS FOR EMPLOYMENT

A. Professional
B. Support

2. RECOMMENDATION FOR CAREER STATUS


BOARD ADVISORY COUNCIL NOMINATIONS

This represents new nominations to the Board Advisory Councils. The nomination forms are attached for the Board's review and consideration. Fiscal Implications: None. Recommendation for Action: Board approval is requested.

COMMITTEE CHAIRS' REPORT


ACTION ITEMS


FACILITIES


1. DEVELOPMENT AGREEMENT: WENDELL FALLS DEVELOPMENT, L. L. C. - SITE INFRASTRUCTURE (E-34)

Wendell Falls Development, LLC (WFD) and the Board of Education entered into a certain Offer to Purchase and Contract dated January 23, 2007, wherein WFD agreed to sell and convey a certain portion of property it owns to the Board for a future elementary school site (E-34). Pursuant to the contract, WFD agrees to construct road, water and sewer infrastructure to the property to permit the Board's use of the property for the future elementary school, as well as a sewer line across the property that will serve both the future school and a WFD development project currently under construction. The Board and WFD desire to enter into a Development Agreement to set out the parties' rights and obligations with respect to the construction of the above-referenced infrastructure at WFD's expense. The proposed Development Agreement has been reviewed by the Board Real Estate Attorney and is attached. Fiscal Implications: None. Recommendation for Action: Board approval is requested.

2. DESIGN CONSULTANT AGREEMENT: WAKE FOREST-ROLESVILLE HIGH

A high priority project to be considered for the next building program is the construction of an addition and renovations to the Wake Forest-Rolesville High school. Negotiations have been completed with Davis Kane Architects, P.A., for the design of this project. The form of agreement is the standard form approved by the Board attorney, which has been reviewed by the Board Real Estate Attorney. Fiscal Implications: The total proposed budget will be determined with the development of the next building program. The current estimated budget is approximately $55,000,000, of which $2,500,000 is currently available from the CIP 2006 School Building Program. The remaining funds will be provided from the next building program. The total project budget includes proposed compensation for the design consultant of $2,828,047. Separate agreements for Pre-Design services in the amount of $209,206 have already been issued, of which the Owner will be credited $71,500 to this agreement. The amount authorized by this contract funds the design through the Schematic Design Phase. Thus, this agreement is for $352,707 ($424,207 through schematic design - $71,500). The remaining amount of $2,403,840 will be authorized by change order. Recommendation for Action: Board approval is requested.

3. REQUEST FOR QUALIFICATIONS (RFQ) FOR PUBLIC-PRIVATE PARTNERSHIPS

Public-Private Partnership (PPP) legislation was approved by the legislature in 2006. The legislation allows public school systems to enter into capital build-to-suit leases for school facilities. Staff will present the RFQ which was developed by the Board counsel for PPP, Kilpatrick Stockton, L.L.P., and reviewed by the Board Attorney, for the design, construction, and leasing of school facilities using the PPP process. This RFQ/RFP is for the E-25 Elementary School that will be used as a pilot project. Staff recommends Board approval. Fiscal Implications: Upon receipt of first-step proposals, staff will make a recommendation to the Board to continue or not continue the public-private project process for construction of E-25 elementary school. Recommendation for Action: Board approval is requested.

4. ASSIGNMENT OF NEW SUBDIVISION

Highland Creek is a development that is planned to have 1045 housing units. Phase 1 includes 157 single family homes and 188 townhouses. Staff recommended on November 6, 2007 that a new spot node be created for Highland Creek and assigned to Harris Creek Elementary (current), East Millbrook Middle (current), and Knightdale High School (change). Thirteen (13) spot nodes have been created during the past three years and assigned to Knightdale High School. Wake Forest-Rolesville High School is the current assignment for the existing node and Wake Forest-Rolesville will face crowding problems for the next several years. Fiscal Implications: Facility-related costs related to potential overcrowding at the Wake Forest-Rolesville High School Ninth-grade center will be avoided. Recommendation for Action: Staff is presenting for Board approval.

5. FACILITIES UTILIZATION REPORT PRESENTATION

The staff of Growth and Planning Department will present and discuss the 2007-2008 Facilities Utilization Report (previously called the School Capacity Report) to the Board of Education. The 2007-2008 Facilities Utilization Report was reviewed by the Facilities Committee on November 13, 2007 and forwarded to The Board of Education for adoption. Fiscal Implications: Board policy calls for an annual capacity report on school capacity. Recommendation for Action: Staff is presenting for adoption.

6. REQUEST FOR FUND BALANCE FOR DIESEL FUEL

When the budget process was completed last year, the State of North Carolina had not supplied LEAs with a current average cost of fuel for buses. The budget was built using the figure of $1.97 per gal. The State has now announced the average cost of fuel Statewide for fiscal year 2006-2007 was $2.21. However, as this year began, fuel continued its upward spiral, with cost as of today of $2.73 per gal.
This increased cost per gallon, along with the increased mileage due to additional bus routes required to transport students attending traditional calendar optional schools, will cause the fuel budget to be under-funded for this fiscal year. This request is for additional funds to be appropriated from fund balance to cover this deficit. Fiscal Implications: Total funds requested from fund balance $2,203,360. Recommendation for Action: Staff recommends board approval of $2,203,360 from fund balance for the purchase of diesel fuel.

INSTRUCTIONAL PROGRAM


1. K-3 CLASS SIZE WAIVER REQUESTS

Chapter 4, section III B of The School Attendance & Student Accounting Manual states in part
Local boards of education are responsible for assuring the class size and teacher daily load requirements set forth in G.S. 115C-301 are met. The superintendent shall immediately determine whether the requirements have in fact not been met. If the superintendent determines the requirements have not been met, he/she shall make a report to the next local board of education meeting. The local board of education shall take action to meet the requirements of the statute (area superintendents have worked with individual schools to correct all overages to the extent possible). If the local board cannot organizationally correct the exception and if any of the conditions set out below are met; it shall immediately apply to the State Board of Education for additional personnel or waiver from the standards set above.
Within 45 days of receipt of the request, the State Board, within funds available, may
allot additional positions or grant waivers for the excess class size or daily load if the
exception resulted from exceptional circumstances, emergencies, or acts of God; large
changes in student population; organizational problems caused by remote geographic
location; or classes organized for a solitary curricular area and if the local board cannot organizationally correct the exception. Fiscal Implications: None at this time. Recommendation for Action: Board approval is requested to submit K-3 class size waivers to the State Board of Education.

POLICY


1. POLICY 8101 - UNDESIGNATED OPERATING FUND BALANCE

First Reading.
Good business practice suggests a policy guiding the use of this key fiscal resource. The Policy provides guidelines related to the utilization of Undesignated Fund Balance. Adoption of an Undesignated Fund Balance Policy will provide the Board additional fiscal management guidelines and further communicate commitment to fiscal accountability.

ADJOURNMENT


Meetings will be held in the Administration Building, 3600 Wake Forest Road, Raleigh, NC unless otherwise indicated.