Jefferson RISE

Minutes

Virtual Finance Committee Meeting

Date and Time

Thursday November 19, 2020 at 12:45 PM

Location

Kathleen Sullivan is inviting you to a scheduled Zoom meeting.
Topic: Finance Committee Meeting
Time: Nov 19, 2020 12:45 PM Central Time (US and Canada)
Join Zoom Meeting
https://us04web.zoom.us/j/74695947896?pwd=VUFYUnJEOTFST21CQkxXZnhucXNRZz09
Meeting ID: 746 9594 7896
Passcode: yM98Vt
In full compliance with Open Meeting Law, Jefferson RISE posts all agendas at least 24-hours prior to the meeting at the Jefferson RISE Office and online at www.jeffersonrise.org. Minutes are available online after they have been approved at the following meeting.

Committee Members Present

Diane Jackson (remote), Kathleen Sullivan (remote), Tanya Lewis (remote)

Committee Members Absent

Trent Mackey

I. Opening Items

A.

Record Attendance

B.

Call the Meeting to Order

Tanya Lewis called a meeting of the Finance Committee of Jefferson RISE to order on Thursday Nov 19, 2020 at 12:47 PM.

C.

Approve Minutes

Diane Jackson made a motion to approve the minutes from Virtual Finance Committee Meeting on 09-23-20.
Tanya Lewis seconded the motion.
All in favor
The committee VOTED to approve the motion.

II. Finance

A.

Monthly Financials

Soft close for Oct 31 - enrollment down slightly but on track for Feb count   
Will work on closing in on fundraising goal in Spring

B.

Fiscal Policies & Procedures

Put before board with dec meeting. TL comments reviewed. School sent to lawyers.  FP&P will be final and official about week before next board mtg.                                                                                         

C.

Review Audit Report

No findings. Sent to Jeff Parish already due to guidelines.

D.

Review PPP loan forgiveness application

Have it completed - will be signed off by KH and DJ after submitting to full board.  Have satisified all metrics for standards for foregiveness. 

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 12:56 PM.

Respectfully Submitted,
Diane Jackson