Review Agenda Item
Meeting Date: 8/29/2024 - 5:30 PM
Category: Report of the Committee on Accountability, Finance, and Personnel (AFP)
Type: Action
Subject: 5. Action on a Request to Revise a Memorandum of Understanding (MOU) with the Milwaukee Public Schools Foundation, Inc.
Strategic Plan Compatibility Statement:
Goal 3
Effective and Efficient Operations
Policy: 2.12 - Board Audits: Annual Plan and Coordination
Attachments Revised MOU.pdf
File Attachment:
MPS Foundation MOU Redline REV.pdf
Background: 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.
Fiscal Impact Statement:
Implementation and Assessment Plan
Recommendation: Your Committee recommends the approval of the revised MOU, as determined in the best interests of the district.
Approvals:
Recommended By:
Signed By:
Dr. Tina Owen-Moore - Board Clerk