Vertus High School
Minutes
Finance Meeting
Date and Time
Tuesday August 13, 2024 at 2:00 PM
Vertus Charter School prepares leaders of character.
Committee Members Present
E. Gallina, J. O'Connell
Committee Members Absent
D. Johnson
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 Aug 13, 2024 at 2:16 PM.
C.
Approve Minutes
E. Gallina made a motion to approve the minutes from Finance Committee Meeting on 07-16-24.
J. O'Connell seconded the motion.
The committee VOTED unanimously to approve the motion.
II. Finance
A.
Monthly Reports Review
- The committee discussed the current budget and some expenses that came in higher than expected, including medical insurance.
III. Other Business
A.
Audit
- Audit - The committee discussed the state of the current audit.
- Post Audit Meeting- Mid-October - The committee proposed some dates to meet with the auditors in October.
B.
DA Davidson
- The committee discussed the debt capacity analysis for DA Davidson.
- The COO shared a presentation on potential buidlings.
IV. 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 3:21 PM.
Respectfully Submitted,
J. O'Connell