Vertus High School
Minutes
Finance Meeting
Date and Time
Tuesday December 10, 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
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 Dec 10, 2024 at 2:04 PM.
C.
Approve Minutes
E. Gallina made a motion to approve the minutes from Finance Meeting on 11-12-24.
D. Johnson seconded the motion.
The committee VOTED unanimously to approve the motion.
II. Finance
A.
Monthly Reports Review
B.
Debt Capacity Analysis
The committee discussed the call with Davidson about their Debt Capacity Analysis.
C.
Bus Proposal
The committee discussed the proposal to buy a new bus.
D.
Investment Policy
The committee discussed following up with outside counsel about the draft investment policy.
III. 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 2:44 PM.
Respectfully Submitted,
J. O'Connell
The committee discussed the budget and a few areas that were trending high:
Student Recruitment, Classroom Supplies, and College and Career.