All committee members participated in the meeting. 

There were no public comments. 

K. Dietz, EdTec Representative, presented the February 2018 financials and gave details per school site and on the home office regarding actuals through February 2018. She gave details on the net income and changes from prior months. All questions were addressed, this was a discussion item no actions were taken. 

C. Young, MPS Chief Executive Officer, introduced the Back Office Service Provider item to the Board. She explained the bidding process, request of proposal and stated that 4 bids were received. N. Montijo, MPS Chief Financial Officer, explained the reasoning behind the staff recommendation to award the bid to Delta Management Solutions (DMS). She informed the finance committee members of the recommendation presented by the committed who reviewed the proposals. She explained that DMS would train MPS staff in what is needed with the transition of back office service provider and she went over the work that this back office service provider would be completing such as check and balances and audit compliance. N. Montijo, explained that the plan is to on board 4 finance clerks that would report to schools to reduce some of the responsibilities that principals are currently in charge of for finance purposes. C. Young elaborated on the plan to hire the clerical positions and she explained how the additional clerical positions are related to the DMS contract. Finance Committee members and MPS staff discussed this item in depth.