The North Penn School District Finance Committee approved a set of routine budget items, including October 1 budget transfers and four assessment‑appeal settlements, and authorized staff to advertise an RFP for an insurance broker for the 7/1/26 contract cycle.

Mrs. Hauser presented the budget‑transfer item and noted that the district allows transfers beginning in October; the committee moved the transfer to action and approved it by voice vote. Hauser also presented assessment‑appeal settlements for agenda items 3b–e, saying those settlements had been vetted and approved by the full council; the committee approved the grouped settlements after clarifying whether the budget contains contingency for such appeals.

A board member asked whether the forthcoming budget will need a higher contingency for appeals; Hauser said the district budgets annually for assessment appeals and that trends will become clearer as the year progresses. “We build that into every budget that there could be assessment appeals every year,” Hauser said, and she added the impact will depend on the trend over the course of the fiscal year.

On procurement, Hauser requested permission to advertise for an insurance‑broker RFP to begin for the 7/1/26 contract start; the committee approved advertising the RFP by voice vote.

Hauser also gave an informational audit update: auditors have completed the fund statements and are finalizing footnotes but are waiting on federal guidance for the single‑audit component before issuing an opinion.

Next steps: staff will advertise the insurance‑broker RFP, continue audit closeout work pending federal guidance, and monitor assessment‑appeal trends for next year’s budget.