Voices for International Business and Education
Minutes
Finance Committee Meeting
Date and Time
Thursday June 11, 2015 at 6:00 PM
Location
IHSNO Community Room, 727 Carondelet St., NOLA
Voices for International Business and Education
http://public.boardontrack.com/VIBE_1
Committee Members Present
A. Anderson, D. Deno, H. Blumenthal, S. Wilson
Committee Members Absent
K. Turner
Guests Present
K. Dwyer, Mariska Roney, S. Retzlaff
I. Opening Items
A.
Record Attendance and Guests
B.
Call the Meeting to Order
K. Dwyer called a meeting of the Finance Committee of Voices for International Business and Education to order on Thursday Jun 11, 2015 at 6:14 PM.
C.
Approve Minutes
Karen Dwyer approved minutes from the Finance Committee Meeting on 05-14-15.
D.
Approve Minutes
Karen Dwyer approved minutes from the Finance Committee Meeting on 05-05-15.
II. Finance
A.
'15-2016 Budget Hearing
The Finance Committee recommends a resolution to the Board to adopt the Budget for the 15-2016 SY.
Resolution will read:
The V.I.B.E. Board of Directors adopts the Budget for 15-2016 School Year as advertised.
B.
Review May 2015 Financial Statements
III. Other Business
A.
Credit Card transfer resolution
The resolution will read:
The V.I.B.E. Board of Directors authorize the Head of School and the Director of Finance to assign and transfer credit cards to staff as needed. This authorization requires signatures of Head of School and the Director of Finance. This authorization does not permit for increase in total credit card limit or total debt load of the organization.
B.
Resolution for Auditors for '14-2015 Fiscal Year
Resolution will read:
The V.I.B.E. Board of Directors will authorize Bernard & Franks to engage as auditors for the ’14-2015 Fiscal year.
C.
Process for earmarking funds from FY to FY
D.
American Express - School Credit Card
A resolution will be presented to the Board. Resolution will read:
The V.I.B.E. Board of Directors authorize the Head of School and the Director of Finance the opening of a new American Express credit card account in place of the First NBC credit card.
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 7:06 PM.
Respectfully Submitted,
A. Anderson