Advanced Math & Science Academy Charter School

Minutes

Finance & Audit Committee Meeting

Date and Time

Tuesday December 1, 2020 at 5:30 PM

Committee Members Present

Ellen Linzey (remote), Kristin Carney (remote), Liana McLaren (remote), Nicholas Poirier (remote), Roger Jarrett (remote)

Committee Members Absent

Lucy Ferrante

Guests Present

Guest

I. Opening Items

A.

Record Attendance and Guests

B.

Call the Meeting to Order

Liana McLaren called a meeting of the Finance & Audit Committee of Advanced Math & Science Academy Charter School to order on Tuesday Dec 1, 2020 at 5:30 PM.

C.

Approve Minutes

Liana McLaren made a motion to approve the minutes from Finance Committee Meeting on 11-10-20.
Kristin Carney seconded the motion.
The committee VOTED unanimously to approve the motion.

II. Finance & Audit

A.

Review October 2020 Financial Statements

Reviewed the financial statements for October 2020.  It was requested to add the revised monthly budget in the current and YTD columns.

Also reviewed the Summary page of the revised budget.  It was requested to add more assumptions on the spreadsheet.

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 7:34 PM.

Respectfully Submitted,
Liana McLaren

B.

Vote to go into executive session to discuss purchase or lease of real property

Roger Jarrett made a motion to Go into Executive Session.
Kristin Carney seconded the motion.
The committee VOTED unanimously to approve the motion.