MODERNIZATION: Fiscal (Bond) Oversight Committee (FOC)
Meeting Agenda

WEDNESDAY, NOVEMBER 2, 2005
4:00pm
Kreps Conference Center
Redwood High School, Larkspur

Americans with Disabilities: The Tamalpais Union High School District adheres to the Americans with Disabilities Act. Should you require special accommodations, or more information about accessibility, please contact the Superintendent's Office at (415) 945-3720. All efforts will be made for reasonable accommodations.

Committee Members
(as of 2-Nov-2005)

Loraine Berry
Betsey Cutler
Bruce Dorfman
Bob Ferguson
Dick Johnson
Kip Jones

Nancy McCarthy
Barbara McCune
Lori Parrish
Jill Sampson
Paul Waszink

TOPIC/DESCRIPTION

TIME

DISCUSSION/ACTION

1. OPEN MEETING

Call to Order and Roll Call

2. MINUTES

Approve minutes for meeting of March 30, 2004

5min

ACTION

3. AUDIT

Independent Auditor Reports 6/30/05, by Terri Montgomery

30min

DISCUSSION/ ACTION

1. Review and accept Financial Report

2. Review and accept Agreed-Upon Procedures Report
   • Focus
     • Teacher Moving Stipends: Review 86%
     • Change Orders Exceeding $25,000
     • Time and Materials Contracts Exceeding $100,000
     • Internal Control Procedures for Invoices
     • Awarding of Professional Contracts and Disbursement of Funds
   *If accepted, submit to Board of Trustees for approval on 11/8/05

3. Determine focus of next Agreed Upon Procedures engagement
   - Review suggested changes or scope

15min

DISCUSSION/ ACTION

4. Determine timeline for next Audit

10min

DISCUSSION/ ACTION

4. BUDGET

Review expenditures to date, including financial activity reports as of June 30, 2005, by Lori Parrish

20min

DISCUSSION

5. UPDATE

Hear update on Modernization projects/review new issues, problems and challenges, by V-Anne Chernock

15min

DISCUSSION

6. MEETINGS

Set date for next meeting

5min

ACTION

INFORMATION ITEMS

7. CHANGE ORDER REPORT

8. MODERNIZATION REVENUE — ALL FUNDS

9. ADJOURNMENT