Bethany Community School
Minutes
Finance Committee Meeting
Date and Time
Thursday March 19, 2026 at 5:10 PM
Committee Members Present
Ana Bumgarner, Megan Coleman, Scott Lewis
Committee Members Absent
Jenna Daniels
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
Megan Coleman called a meeting of the Finance Committee of Bethany Community School to order on Thursday Mar 19, 2026 at 5:19 PM.
C.
Approve Minutes
Megan Coleman made a motion to approve the minutes from Finance Committee Meeting on 02-17-26.
Ana Bumgarner seconded the motion.
The committee VOTED unanimously to approve the motion.
II. Financial Update
A.
Review Monthly Financial Statements
III. Other Committee Business
A.
Utica Insurance Renewal
Scott Lewis made a motion to Bring forward the proposal from Utica to the board next week.
Megan Coleman seconded the motion.
Reviewed summary of Utica offerings 25/26 and 26/27.
B.
Prestige Engagement Letter
Discussed FD's previous concerns.
Megan Coleman made a motion to bring forward the Prestige School Solutions Engagement letter to the board next week.
Ana Bumgarner seconded the motion.
The committee VOTED unanimously to approve the motion.
IV. Salary Scale
A.
Reviewed Personnel's recommendation for salary scales. Reviewed/discussed salaries as a whole as well as revenue/salary ratio for 26/27. Will bring salary scale to board for approval next week.
Megan Coleman made a motion to bring salary scale to board for approval next week.
Scott Lewis seconded the motion.
The committee VOTED unanimously to approve the motion.
V. Closing Items
A.
Chairperson’s Remarks
B.
Adjourn Meeting
There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 6:10 PM.
Respectfully Submitted,
Megan Coleman
Reviewed monthly financial statements. Discussed reallocating budget line items to 'true up' for budget accuracy.