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Meeting Date:
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8/20/2024 - 5:30 PM
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Category:
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ITEMS OF BUSINESS
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Type:
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Action
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Subject:
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5. Action on a Request to Revise a Memorandum of Understanding (MOU) with the Milwaukee Public Schools Foundation, Inc.
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Strategic Plan Compatibility Statement:
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Goal 3 Effective and Efficient Operations
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Attachments
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Revised MOU.pdf
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File Attachment:
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Background:
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The Milwaukee Board of School Directors (MBSD) maintains a relationship with the MPS Foundation, a tax-exempt 501(c)(3) entity, through a Memorandum of Understanding (MOU). The most current MOU was approved by the Board in March of 2023 and provides for the Foundation to receive various financial and in-kind support from MPS. Specifically, it provides for loaned MPS employees to the Foundation to perform work for the Foundation and support its purpose.
The attached MOU contains updated language to ensure clarity regarding the role of OAE-Audit Services under Board Governance Policy 2.12 for these taxpayer funded positions.
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Fiscal Impact Statement:
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Implementation and Assessment Plan
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Recommendation:
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The OAE recommends the approval of the revised MOU.
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Approvals:
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Recommended By:
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Signed By:
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Matt Chason - Senior Director, Office of Accountability and Efficiency
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Signed By:
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Dr. Tina Owen-Moore - Board Clerk
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