Hill View Montessori

Minutes

Finance Committee Meeting

Date and Time

Monday April 27, 2026 at 5:00 PM

Location

Remote

Committee Members Present

G. Whitson (remote), J. Hood (remote), J. Landry (remote), T. Salvi (remote), V. Guzman (remote)

Committee Members Absent

J. Greene

Guests Present

C. Marie (remote)

I. Opening Items

A.

Record Attendance

B.

Call the Meeting to Order

J. Landry called a meeting of the Finance Committee of Hill View Montessori to order on Monday Apr 27, 2026 at 5:07 PM.

C.

Approve Minutes

V. Guzman made a motion to approve the minutes from Finance Committee Meeting on 03-23-26.
J. Landry seconded the motion.
The committee VOTED unanimously to approve the motion.

II. Financial Discussions

A.

Financials

  1. Reviewed Key Ratios - Trending low risk
  2. Budget vs Actual:
    1. School
      1. Trending favorable in both Income and Expenses.
      2. Looking to implement security camera system.
      3. Filled position for Business Manager, starting in May.
      4. Dan, Physical ED Teacher, acquired $2,500 grant for school athletics.
    2. Foundation
      1. Not a lot of activity. Rock and Roll Bingo income will be reflected in April Financials.
      2. Tax return was reviewed; ok to be filed.

 

B.

Budget

Budget FY27

  1. Tuition is based on Feb'26 published estimates from DESE.
  2. Grants are level funded
  3. Expenses are estimated to increase roughly 6% vs FY26

III. Closing Items

A.

Next Meeting

Next meeting is May 26, 2026 @ 5pm via zoom.

B.

Adjourn Meeting

There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 6:04 PM.

Respectfully Submitted,
J. Landry
Documents used during the meeting
  • March 3.31.xlsx
  • March Financial Highlights.pdf
  • FY27 Budget JPL 4.8.2026.xlsx - BUDGET.pdf