'Grounding Questions' for the FC:

• Do we believe that our internal policies and procedures are being followed?
• What is our current cash balance, and is management confident in the organization's ability to meet short term cash needs?
• How are our actuals to budget performing for this fiscal year? If there have been material unfavorable variances, in expenses or revenues, what is being done to mitigate this?
• How are our "big projects" going? (ex: facilities, enrollment drives, hiring, etc).

Does your family have any Thanksgiving traditions? Matt--Do you celebrate Candian Thankgiving?!?

Please review the prior meeting minutes in advance and come to the meeting with any amendments in writing that can be added to the Zoom chat.  This makes recording changes quick and easy.

During this piece of the meeting, Matt and Laylah will share what the FC Committee should be "looking for' in order to build those habits and mindsets.

Please review the school financials below prior to the meeting. Please try to ask questions to Matt or Laylah in advance so we are prepared to vote at the meeting.

1. Dashboard (high level view of main metrics)
2. Balance Sheet
3. Profit & Loss Statement/Income Statement
4. Budget vs. Actual Report & Forecast vs Actual Report
5. Statement of Cash Flows
6. Payroll and AP Certification
7. Review Financial Dashboard to ensure meeting commission standards (mark goal as complete once reviewed)

Check in monthly on our committee goals

Proposed Goals for SY22-23

-Complete first audit.

-Address and fix any feedback from audit.

-Provide monthly Private Funding Updates to the Board

-Prepare and discuss scenarios regarding funding and enrollment to present to Board 2x this year

Did anything come up when you read through the Financial Policy, specifically around purchase processing (begins on page 20) and cash disbursements is the section right after that (page 27)?

Are there any measures we want to take to support PCM to use cards correctly and ensuring records?