Final

Martin Luther King Jr. Charter School of Excellence

Finance Committee Meeting

Date and Time

Thursday January 15, 2026 at 9:30 AM EST

Agenda

Section Number Topic Number Details Purpose Presenter Time
I. Opening Items 9:30 AM
  A. Record Attendance   Diana Foskett 1 m
  B. Call the Meeting to Order   Diana Foskett
  C. Approval of Minutes Approve Minutes Diana Foskett 2 m
II. School Finance 9:33 AM
  A. Review Monthly Financial Statement Discuss 5 m
   

Review and discussion of December 2025 Financial Statements with MLKCSE accountant.  Discussion may include comparison with prior month's expenses and projected future expenses.

  
  B. Cash Diversification and Investment Vote Diana Foskett 10 m
   

Discussion regarding progress of efforts to diversify and invest school's cash holdings, including review of institutional relationships and update from Berkshire Bank.

  
  C. Discussion of Long-Term Budget and Finance Issues Discuss 5 m
   

Discussion and updates of next year's budget planning process, including issues regarding state and federal payments, grants, and other line items of income and expenditure.  Discussion regarding long-term planning for the school and budget issues and priorities.

  
III. D. Development Updates
 

Breakfast event - March 25, 2026 from 8:30 - 10:00 am

 

Concept Design Services from Johnson Roberts discussion

  
IV. Committee Administration 9:53 AM
  A. Discussion Regarding Committee Administration Vote Diana Foskett 5 m
   
  • Discussion regarding Committee administration, potential process improvements to committee, and amendments to the standing agenda,
  • Discussion regarding recruitment of new committee and/or Board of Trustees members,
  • Review and discussion of meeting agendas, minutes, records, and Open Meeting Law Compliance.
  • Discussion and scheduling of next committee meeting and requested agenda for next meeting, now set for:

February 12, 2026, 9:30 a.m., via Zoom.

 

Vote may be held to change date, time, or location of future finance committee meetings.

  
V. Other Business
 

Discussion of matters that are not reasonably anticipated at this time.  Items raised may be addressed in future meeting agendas.

  
VI. Closing Items
  A. Adjourn Meeting Vote