F.W. Parker Charter Essential School

Finance Committee Meeting

Published on November 12, 2024 at 12:46 PM EST

Date and Time

Thursday November 14, 2024 at 5:30 PM EST

http://parker.school/financecommittee

Agenda

Section Number Topic Number Details Purpose Presenter Time
I. Opening Items 5:30 PM
 
Opening Items
 
  A. Record Attendance and Introductions if needed   Michelle McKenna 1 m
   

record attendance

 
  B. Call the Meeting to Order   Christina Soderman 1 m
  C. Approve Minutes Approve Minutes Christina Soderman 2 m
    Approve minutes for Finance Committee Meeting on October 10, 2024  
II. Finance 5:34 PM
  A. FY25 Q1 Results and projection Discuss Michelle McKenna 15 m
   

Michelle to present FY25Q1 Dashboard with results and year end projections

 
  B. Goals Vote Christina Soderman 5 m
   

Michelle and Christina to review and finalize committee goals for the year

 

Draft: 

Support the strategic plan implementation and facilities upgrades by creating a model for investing and risk-taking including utilization of reserves (when, how much, and under what condition)​, reviewing and updating reserve policy as needed​

​

Succession planning for chair position, as needed

 

 

 
  C. Implementation of Strategic Plan and Reserve Use and Staff Salary changes midyear Discuss Christina Soderman 35 m
   

Committee to look at reserve fund requirements and use for implementation of strategic plan along with a brief preview of potential mid year salary adjustment for staff

 
III. Closing Items 6:29 PM
  A. Adjourn Meeting Vote Christina Soderman 1 m