Jefferson RISE

Minutes

January 2021 RISE Finance Committee Meeting

Date and Time

Wednesday January 27, 2021 at 12:30 PM

Location

Chris Daniels is inviting you to a scheduled Zoom meeting.
 
Join Zoom Meeting https://us02web.zoom.us/j/83647771116 Meeting ID: 836 4777 1116
 
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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

Guests Present

Chris Daniels (remote), Laura Thurman (remote)

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 Wednesday Jan 27, 2021 at 12:31 PM.

C.

Approve Minutes

Tanya Lewis made a motion to approve the minutes from Virtual Finance Committee Meeting on 12-16-20.
Diane Jackson seconded the motion.
The committee VOTED to approve the motion.

II. Finance

A.

Monthly Financials

  • Committee discussed financial position as of end of December, including cash on hand.
  • Committee discussed enrollment, including what to do if under enrolled.

B.

Updated FY21 Projections

  • Chris shared revised projections for current FY, including estimates from Executive Team on revised expenses for Spring 2021 semester. 
  • Committee discussed EOY projections. 

C.

C. Daniels and K. Sullivan Benefits Adjustments

  • Discussed revised offer letter for K. Sullivan
  • Discussed C. Daniels benefits

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 12:49 PM.

Respectfully Submitted,
Chris Daniels