Vertus High School
Minutes
Finance Committee Meeting
Date and Time
Tuesday May 14, 2024 at 2:00 PM
Vertus Charter School prepares leaders of character.
Committee Members Present
D. Johnson (remote), E. Gallina, J. O'Connell
Committee Members Absent
None
Guests Present
A. Brisson, J. Locey, T. Hill
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
J. O'Connell called a meeting of the Finance Committee of Vertus High School to order on Tuesday May 14, 2024 at 2:03 PM.
C.
Approve Minutes
E. Gallina made a motion to approve the minutes from Finance Meeting on 04-09-24.
D. Johnson seconded the motion.
The committee VOTED unanimously to approve the motion.
II. Finance
A.
Monthly Review
- The committee discussed current budget and cashflow.
III. Other Business
A.
Wilmington Trust investment Proposal
- The committee discussed Wilmington Trust's proposal for cash and/or investments.
B.
Drafting Investment Policy
- The committee discussed preparing a draft investment policy.
IV. 2024-2025
A.
2024-2025 Budget Review
- The committee discussed the proposed budget.
B.
Building Updates
- There were no updates on buildings.
V. Closing Items
A.
Adjourn Meeting
There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 3:13 PM.
Respectfully Submitted,
J. O'Connell