F.W. Parker Charter Essential School
Finance Committee Meeting
Published on March 31, 2023 at 2:49 PM EDT
Amended on April 4, 2023 at 5:47 PM EDT
Date and Time
Tuesday April 4, 2023 at 5:45 PM EDT
Agenda
| Purpose | Presenter | Time | |||
|---|---|---|---|---|---|
| I. | Opening Items | 5:45 PM | |||
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Opening Items
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| A. | Record Attendance and Introductions as needed | Michelle McKenna | 2 m | ||
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record attendance |
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| B. | Call the Meeting to Order | Christina Soderman | 2 m | ||
| C. | New Committee Member | Vote | Christina Soderman | 5 m | |
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Introductions and vote in of Richard Madamba |
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| D. | Approve Minutes | Approve Minutes | Christina Soderman | 2 m | |
| Approve minutes for Finance Committee Meeting on March 9, 2023 | |||||
| II. | Finance | 5:56 PM | |||
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Finance
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| A. | Fiscal Policy Review | Vote | Michelle McKenna | 20 m | |
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Review fiscal policies as attached and vote on recommended changes. |
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| B. | Credit Rating Review | FYI | Michelle McKenna | 5 m | |
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Review of TD credit rating |
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| C. | Libor ending | FYI | Michelle McKenna | 5 m | |
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Our bond financing is indexed to LIBOR (London Interbank Offered Rate). Use of LIBOR is ending 6/30/23. New index will be SOFR (Secured Overnight Financing Rate). |
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| D. | Results of Mid Year Review | FYI | Michelle McKenna | 2 m | |
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Michelle to present results of mid-year as attached |
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| III. | Closing Items | 6:28 PM | |||
| A. | Adjourn Meeting | Vote | Christina Soderman | 2 m | |