Pullman Community Montessori
Minutes
Finance Committee (FC)
Date and Time
Tuesday October 19, 2021 at 5:00 PM
Location
Keeping safety as our top priority, until further notice, all committee meeting will be conducted virtually over Zoom.
PCM's Mission: to prepare all students to reach their full potential for future success in high school, college, career, and life, using the rich resources of our community.
PCM's Vision: to serve as an instrument of change, helping to progress our education system to better meet the needs of students, families, and educators. We nurture students to be self-empowered lifelong learners, global citizens, environmental stewards, and compassionate and collaborative leaders, bringing positive changes to their communities and the world!
PCM's Vision: to serve as an instrument of change, helping to progress our education system to better meet the needs of students, families, and educators. We nurture students to be self-empowered lifelong learners, global citizens, environmental stewards, and compassionate and collaborative leaders, bringing positive changes to their communities and the world!
Committee Members Present
A. Guyton (remote), C. Minogue (remote), L. Sullivan, M. Paolini (remote)
Committee Members Absent
J. Cassleman
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
A. Guyton called a meeting of the Finance Committee Committee of Pullman Community Montessori to order on Tuesday Oct 19, 2021 at 5:05 PM.
C.
Pleasantry
D.
Approve Minutes
A. Guyton made a motion to approve the minutes from Finance Committee (FC) on 09-21-21.
L. Sullivan seconded the motion.
The committee VOTED unanimously to approve the motion.
II. Finance Committee (FC)
A.
Review & Approve September Financials
September financials were reviewed but in their draft form. The FC chair will present the information to the Board but no vote will be recommended at the October board meeting. Matt is working on updating the September financials fully before the October board meeting and will share with the FC. We are waiting for final documents on construction loan and a few other items. Carmel also recommended taking a second look at the payroll tax alignment to confirm they are correct.
August AP was reviewed. The FC reviewed the signature page and associated supporting documents. The FC agreed, that before voting on the August AP, to look into assigning an Auditing Officer in order to be in full alignment. It was recommended Matt consider assuming this role. This will be investigated by JPG. The FC chair will present the information to the Board but no vote will be recommended at the October board meeting.
B.
21-22 enrollmentupdate
There have been no changes to enrollment.
C.
Finance Committee Goals
The FC agreed to ask for an extension on FC Goal setting.
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 6:36 PM.
Respectfully Submitted,
A. Guyton
Documents used during the meeting
None