Vertus High School
Minutes
Finance Meeting
Date and Time
Tuesday April 8, 2025 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
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 Apr 8, 2025 at 2:06 PM.
C.
Approve Minutes
D. Johnson made a motion to approve the minutes from Finance Meeting on 03-11-25.
E. Gallina seconded the motion.
The committee VOTED unanimously to approve the motion.
II. Finance
A.
Monthly Reports Review
B.
Investment Policy & Endowment
The committee reviewed the revisions to the Investment Policy and Gift Policy and decided to bring the revised drafts to the Board for approval at the next meeting.
C.
Draft 25-26 Budget Review
The committee reviewed the draft budget for 2025-2026.
D.
Building Updates
The committee discussed some updates to possible buildings to lease or purchase.
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 3:18 PM.
Respectfully Submitted,
J. O'Connell
The committee discussed the monthly reports and in particular the Farash grant.