Voices for International Business and Education
Minutes
Finance Committee Meeting
Date and Time
Monday September 14, 2015 at 5:30 PM
Location
IHS Community Room
Voices for International Business and Education
http://public.boardontrack.com/VIBE_1
Committee Members Present
A. Anderson, H. Blumenthal, K. Turner, M. Roney, S. Wilson
Committee Members Absent
D. Deno
I. Opening Items
A.
Record Attendance and Guests
B.
Call the Meeting to Order
H. Blumenthal called a meeting of the Finance Committee of Voices for International Business and Education to order on Monday Sep 14, 2015 at 6:06 PM.
C.
READ MISSION AND VISION STATEMENTS
D.
Approve Minutes
M. Roney made a motion to approve minutes from the Finance Committee Meeting on 08-17-15 Finance Committee Meeting on 08-17-15.
K. Turner seconded the motion.
The committee VOTED unanimously to approve the motion.
E.
Approve Minutes
M. Roney made a motion to approve minutes from the Finance Committee Meeting on 05-14-15 Finance Committee Meeting on 05-14-15.
K. Turner seconded the motion.
The committee VOTED unanimously to approve the motion.
F.
Approve Minutes
M. Roney made a motion to approve minutes from the Finance Committee Meeting on 05-05-15 Finance Committee Meeting on 05-05-15.
K. Turner seconded the motion.
The committee VOTED unanimously to approve the motion.
G.
Approve Minutes
M. Roney made a motion to approve minutes from the Finance Committee Meeting on 09-10-14 Finance Committee Meeting on 09-10-14.
K. Turner seconded the motion.
The committee VOTED unanimously to approve the motion.
II. Finance
A.
REVIEW AUGUST 2015 FINANCIAL STATEMENTS
K. Turner made a motion to recommend the VIBE Board accept the Financial Statements for the past two months, ending on 08/31/15.
M. Roney seconded the motion.
The committee VOTED unanimously to approve the motion.
Financials will be attached to the Board agenda.
B.
COMPARISON OF IHS BUDGET TO SIMILAR CHARTERS
There may be discussion about making comparisons in transportation but Head of School doesn't believe there is a school in the GNO area that IHSNO could compare side by side financials.
III. Other Business
A.
REVIEW STATUS OF STRATEGIC PLAN GOALS ASSIGNED TO FINANCE COMMITTEE
The goals of the Finance Committee will be the goals of the Board Strategic Plan; under the pillar Organizational Sustainability.
The committee mentioned designating a certain amount of the budget/reserve to go towards technology, building and/or IB. HoS will make a recommendation regarding the building and administration/academic needs.
B.
PUBLIC COMMENT
N/A
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 6:53 PM.
Respectfully Submitted,
A. Anderson