Lumen Public School

Minutes

Monthly Finance Committee Mtg.

Date and Time

Wednesday November 17, 2021 at 11:00 AM

Location

Lumen High School - 2nd floor meeting space

Committee Members Present

C. Plager (remote)

Committee Members Absent

None

Guests Present

S. Edwards (remote), jschatz@lumenhighschool.org (remote)

I. Opening Items

A.

Record Attendance

B.

Call the Meeting to Order

C. Plager called a meeting of the Finance Committee of Lumen Public School to order on Wednesday Nov 17, 2021 at 11:00 AM.

C.

Approve Minutes

C. Plager made a motion to approve the minutes from Finance Committee Meeting on 10-20-21.
The committee VOTED unanimously to approve the motion.

II. Finance

A.

Review Budget Status

Reviewed budget status, salary and benefits slightly under budget.  Capital expenditures over budget due to timing (grant funded project).  Glow repaid loan in full in October.  

B.

Auditors will present full report to the Finance Committee, no audit findings or managment letters, one verbal exit item.

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 11:30 AM.

Respectfully Submitted,
C. Plager