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Detroit FRC School District Meeting Minutes February 26, 2024

Detroit Financial Review Commission


Monday, February 26, 2024

Following the City’s Regular Meeting

(Begins no earlier than 1:05 p.m.)

Using Microsoft Teams

Meeting Minutes

  1. Call to Order
    1. Chairman, Kevin A. Smith called the meeting to order at 1:31 p.m.
  2. Roll Call
  3. Approval of Proposed Minutes from the December 18, 2023, and January 29, 2024, Meetings
    1. Motion made by Commissioner Peterson-Mayberry and supported by Commissioner Walsh to approve the draft minutes of the commission’s December 18, 2023, and January 29, 2024, School District Meetings.The commission unanimously approved the minutes of the December 18, 2023, and January 18, 2024, as presented.
  4. Executive Director’s Report
    1. Patrick Dostine, Executive Director, informed the meeting that in reviewing the monthly financial reports for DPS and DPSCD, for the month ending December 31, 2023, the School District continues to pay its debt obligations, remains in compliance, and there is no reason to consider rescinding the waivers at this time.
    2. Mr. Dostine also reported that the governor’s FY25 proposed budget for schools is lower than the year before. The proposed per student increase in FY25 is $241, last year’s allowance was $458. School officials have a measure optimism, Mr. Dostine reported, that the proposed funding will be revisited in the legislative budget process and likely revised up.
  5. Old Business:
    1. None
  6. New Business:
    1. None
  7. DPS/DPSCD Financial Reports for December 31, 2023 – FYI Only
    1. CFO, Jeremy Vidito gave an overview of above-mentioned financial reports and addressed questions from the commissioners.
  8. Public Comment:
    1. Mr. William Davis
  9. Next Meeting Date
    1. School District Regular Meeting: Monday, March 25, 2024, following the City Meeting, beginning no earlier than 1:05 pm, remotely using Microsoft Teams.
  10. Adjournment
    1. There being no further business, the meeting adjourned at 2:01 p.m.

Roll Call:

Members Present

  • Dr. J. Barnwell
  • Hakim Berry
  • Angelique Peterson-Mayberry
  • Ron Rose
  • Kevin Smith
  • John Walsh
  • Dr. Vitti

Members Absent

  • Jen Flood
  • Jay Rising
  • Mary Sheffield