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Board ratifies payroll and financial reports, adopts depository resolution and policy readings
Summary
The board ratified payroll and bills (April payments totaling $1,008,932.54 plus multiple payroll runs), approved Resolution 3-26 designating fund depositories, renewed the RELAY Medicaid billing contract for three years, and completed first/second readings of multiple board policies.
The board approved and ratified multiple financial items on the consent agenda, including checks and wires for April and May totaling $1,008,932.54 and payroll deposits and checks across the April pay cycles (amounts and check numbers listed in the minutes). Trustees also approved the Imprest Fund for April, monthly financial reports and student activity fund reports, and authorized continuance of investments of unencumbered funds.
The minutes record adoption of Resolution 3-26 designating a set of depositories (including Grundy Bank, Standard Bank, Charter One, PMA/Harris Bank (ISDLAF), First Midwest Bank of Joliet, Harris Bank - Joliet, Edward Jones, and Raymond James and Associates) for various account types. The board also approved the three-year renewal of RELAY (formerly R&G) for the district’s Medicaid billing (July 1, 2026–June 30, 2029).
On policy matters the board approved first reading of new policy 6:30 and second readings with approvals for several policies (2:200, 2:220, 2:250, 2:260, 4:165, 5:30, 5:250, 5:330, 6:65, 6:100, 6:145, 6:170, 6:180, 7:20, 7:50, 7:100, 7:185, 7:240, 7:260, 7:300, 8:90, 2:140-E, 7:220, 7:230, 7:280) as presented in the agenda.
