Martin Luther King Jr. Charter School of Excellence
Finance Committee Monthly Meeting
Date and Time
Location
Zoom
https://mlkcs-org.zoom.us/j/2994882775?pwd=Z2R0cHcveVl4Ukp5cFJ3dGhWbWNUUT09
Meeting ID: 299 488 2775
Passcode: Sk3wMR
Agenda
| Purpose | Presenter | Time | |||
|---|---|---|---|---|---|
| I. | Opening Items | 10:30 AM | |||
| A. | Record Attendance | 1 m | |||
| B. | Call the Meeting to Order | ||||
| C. | Approve Minutes | Approve Minutes | Diana Foskett | 2 m | |
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Discussion and approval of prior meeting minutes. |
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| Approve minutes for Finance Monthly Meeting on January 16, 2025 | |||||
| D. | Welcome New Committee Member | 5 m | |||
| II. | School Finance | 10:38 AM | |||
| A. | Review Monthly Financial Statement | Discuss | Diana Foskett | 5 m | |
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Review and discussion of January 2024 Financial Statements with MLKCSE accountant. Discussion may include comparison with prior month's expenses and projected future expenses. |
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| B. | Cash Diversification Progress | Discuss | |||
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Discussion regarding efforts to diversify school's cash holdings to reduce risk and promote school's fundraising goals, as well as school's relationships with current bank (Berkshire Bank) and potential new banking relationships. |
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| III. | Committee Administration | 10:43 AM | |||
| A. | Approval of Previous Minutes | Approve Minutes | |||
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Discussion of previous minutes and publication instructions in Board on Track. |
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| Approve minutes for Finance Committee Meeting on August 28, 2024 | |||||
| B. | Approval of Previous Minutes | Approve Minutes | 5 m | ||
| Approve minutes for Finance Committee Meeting on November 17, 2023 | |||||
| C. | Approval of Previous Minutes | Approve Minutes | 5 m | ||
| Approve minutes for Finance Committee Meeting on October 27, 2022 | |||||
| D. | Approval of Previous Minutes | Approve Minutes | 5 m | ||
| Approve minutes for Finance Committee Meeting on June 14, 2022 | |||||
| E. | Approval of Previous Minutes | Approve Minutes | 5 m | ||
| Approve minutes for FINANCE COMMITTEE MEETING 2.8 on February 8, 2022 | |||||
| F. | Approval of Previous Minutes | Approve Minutes | 5 m | ||
| Approve minutes for FINANCE COMMITTEE MEETING on October 29, 2021 | |||||
| G. | Approval of Previous Minutes | Approve Minutes | 5 m | ||
| Approve minutes for FINANCE COMMITTEE MEETING 10.26 on October 26, 2021 | |||||
| H. | Approval of Previous Minutes | Approve Minutes | 5 m | ||
| Approve minutes for FINANCE COMMITTEE MEETING 7.29 on July 29, 2021 | |||||
| I. | Approval of Previous Minutes | Approve Minutes | 5 m | ||
| Approve minutes for FINANCE COMMITTEE BUDGET MEETING on February 25, 2021 | |||||
| J. | Approval of Previous Minutes | Approve Minutes | 5 m | ||
| Approve minutes for FINANCE COMMITTEE QUARTERLY MEETING on January 25, 2021 | |||||
| IV. | Committee Member Recruitment | ||||
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Discussion of Committee member recruitment and scheduling of finance committee meetings. |
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| V. | Other Business | ||||
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Discussion of matters that are not reasonably anticipated at this time. Items raised may be addressed in future meeting agendas. |
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| VI. | Closing Items | ||||
| A. | Adjourn Meeting | Vote | |||
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Confirm date, time, and zoom information for next meeting - scheduled for 10:30am on 3/13/2025 via Zoom. |
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