Final

Martin Luther King Jr. Charter School of Excellence

Finance Committee Monthly Meeting

Reviewing Monthly Financials and Annual Goals
Published on March 13, 2025 at 1:34 PM EDT

Date and Time

Thursday April 10, 2025 at 10:00 AM EDT

Location

Zoom

https://mlkcs-org.zoom.us/j/2994882775?pwd=Z2R0cHcveVl4Ukp5cFJ3dGhWbWNUUT09 

Meeting ID: 299 488 2775
Passcode: Sk3wMR

Agenda

Section Number Topic Number Details Purpose Presenter Time
I. Opening Items 10:00 AM
  A. Record Attendance   1 m
  B. Call the Meeting to Order  
  C. Approval of Minutes Approve Minutes
    Approve minutes for Finance Committee Monthly Meeting on March 13, 2025  
II. School Finance 10:01 AM
  A. Review Monthly Financial Statement Discuss Diana Foskett 5 m
   

Review and discussion of March 2024 Financial Statements with MLKCSE accountant.  Discussion may include comparison with prior month's expenses and projected future expenses.

  
  B. Cash Diversification and Investment Vote 10 m
   

Discussion regarding progress of efforts to diversify and invest school's cash holdings.  Discussion to be held regarding extent of cash holdings, progress on higher interest rate for Berkshire Bank CD, and potential investment advisor RFP.

  
  C. Discussion of Next Year's Budget Planning Discuss 5 m
   

Discussion and updates of next year's budget planning process, including issues regarding potential discontinuities in state and/or federal payments.  

  
III. Committee Administration
 

Discussion of scheduling for next meeting and committee member recruitment, if any.

 

May meeting currently set for: May 15 at 10:00 am via Zoom.

  
IV. Other Business
 

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

  
V. Closing Items
  A. Adjourn Meeting Vote