Pullman Community Montessori
Minutes
Finance Committee (FC)
Date and Time
Tuesday April 19, 2022 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), L. Sullivan, M. Paolini (remote)
Committee Members Absent
C. Minogue, J. Cassleman
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
L. Sullivan called a meeting of the Finance Committee Committee of Pullman Community Montessori to order on Tuesday Apr 19, 2022 at 5:04 PM.
C.
Pleasantry
D.
Approve Minutes
II. Finance Committee (FC)
A.
Review & Approve March Financials
B.
Review 5-7 year plan updates
High level review.
Budget updates.
Gladish update.
Talked about potential of longevity bonus.
C.
Meet or exceed the commission financial framework monthly
Reviewed. All met.
D.
Raza CSP Bridge Loan Renewal
Agreed was a good idea but deferred vote until hear back from Carmel.
III. Goals
A.
Provide board training on key financial documents 3x this year
Glows: chunked well, visuals helpful
Grows: spending more time on 50+ questions, more check for understanding.
Level up: Having samples and having discussions around.
Ask what top 3 questions from the 50+ questions.
B.
Meet or exceed the commission financial framework monthly
Met
C.
Mock Audit for July
Aubree will send question to Carmel on what are the top 3 things you think an auditor will focus on for a 1st year school.
IV. 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 6:54 PM.
Respectfully Submitted,
A. Guyton
Make change to board member positions on the Payroll Check Summary.
Vote is pending Carmel's review.