OPRF High School is seeking a dedicated individual from the community who is interested in taking an active role in shaping the future of our school by applying to serve in a voluntary capacity on our Community Finance Committee (CFC).
Over the last several years District 200 has been managing its finances based on recommendations of the 2013 Financial Advisory Committee (FAC). The FAC recommended to the Board of Education a five-year plan to address historically financial management challenges, concerns about the District’s fund balance and planning for future investments.
The committee member will serve on the CFC for one-year terms for a maximum of eight terms. The Board is currently looking to find one additional member to serve on the CFC. Members need to commit to a one year initial term. CFC will meet at least quarterly; although based on then-current issues, the Committee may meet up to six times per year with the expectation that each CFC member will attend at least two-thirds of all meetings per term either in person or virtually as allowed by the Open Meetings Act.
The CFC consists of two Board members, the CFO, a member of the District’s ADA (All District Administrators) and five appointed community members who possess relevant experience and knowledge. The Superintendent will serve as an ex-officio member of the Committee. The Committee provides the District’s administration and the Board of Education with ongoing expertise, oversight and guidance on the District’s fiscal operations. The Committee also reviews the District’s financial performance, which includes activities, such as monitoring budget projections in comparison to actual experience, examining rolling five-year projections, and reviewing and commenting on investments, budget development and the District’s annual audit.
People can access additional information about CFC by visiting here.
If you would like to be considered for membership, please submit a brief statement of interest that proves some general background and experience and answer the following few questions:
- Why do you want to serve on the Committee?
- What specifically qualifies you to advise on financial matters?
- Do you currently have children in Oak Park or River Forest schools?
- What role can you play in advising or supporting the Board on activities, such as providing oversight and guidance on the District’s fiscal operations, monitoring budget projections in comparison to actual experience, examining rolling five-year projections, and reviewing and commenting on investments, budget development and the District’s annual audit?
- Will you agree to advise the District with a holistic and inclusive perspective, balancing the needs of the students, the school and the community?
By January 13, 2023, please email your statement, along with answers to the above questions, to Cyndi Sidor at email@example.com.