F.W. Parker Charter Essential School
Minutes
Finance Committee Meeting May 2019
Date and Time
Wednesday May 8, 2019 at 6:00 PM
Committee Members Present
B. Muldoon, J. Appleton, M. McKenna, T. Espinola, T. Sumner, T. Testa
Committee Members Absent
None
I. Opening Items
A.
Record Attendance and Guests
B.
Call the Meeting to Order
M. McKenna called a meeting of the Finance Committee of F.W. Parker Charter Essential School to order on Wednesday May 8, 2019 at 6:04 PM.
C.
Approve Minutes
B. Muldoon made a motion to approve minutes from the Finance Committee Meeting on 03-06-19 Finance Committee Meeting on 03-06-19.
T. Testa seconded the motion.
The committee VOTED unanimously to approve the motion.
John Appleton abstained
II. Finance
A.
Q3 FY 19 Update
Michelle presented the Q3 Dashboard as attached noting that a favorable year is expected and things appear to be going smoothly for FY19.
B.
Investment Policy Annual Review
Committee reviewed the Investment Policy as required annually. No changes were recommended. Michelle highlighted the location and investment of school funds.
C.
Audit planning
Committee did not have any recommendations for areas of focus.
III. Closing Items
A.
Adjourn Meeting
T. Espinola made a motion to adjourn the meeting.
B. Muldoon seconded the motion.
The committee VOTED unanimously to approve the motion.
There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 6:35 PM.
Respectfully Submitted,
M. McKenna