Bethany Community School
Minutes
Finance Committee Meeting
Date and Time
Thursday July 30, 2026 at 5:10 PM
Committee Members Present
Ana Bumgarner, Jenna Daniels, Megan Coleman, Scott Lewis
Committee Members Absent
None
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
Jenna Daniels called a meeting of the Finance Committee of Bethany Community School to order on Thursday Jul 30, 2026 at 5:03 PM.
C.
Approve Minutes
Jenna Daniels made a motion to approve the minutes from Finance Committee Meeting on 06-18-26.
Megan Coleman seconded the motion.
The committee VOTED unanimously to approve the motion.
II. Financial Update
A.
Review Monthly Financials
B.
Review Investments
Unrealized Gain/Loss on investments for 25/26:
ESP = 3.25%
Brokerage = Annualized Since 10/06/2023 = 8.33%
C.
Review YTD Spending and Year End Projections
Reviewed YTD Spending and Year End Projections
III. New Business
A.
Establish Finance Committee Chair and Secretary
Megan Coleman made a motion to appoint Jenna Daniels as Finance Committee Chair and Megan Coleman as Secretary.
Jenna Daniels seconded the motion.
The committee VOTED unanimously to approve the motion.
B.
Establish Finance Committee Schedule
Jenna Daniels made a motion to establish Finance Committee schedule for the Thursday before each Board meeting at 5:10pm.
Megan Coleman seconded the motion.
The committee VOTED unanimously to approve the motion.
C.
Fiscal Procedures - Revision Date
Discussed Internal Fiscal Policy/Procedures. Need to add duplicate procedures, divvy cards, etc.
Deadline is set for October meeting.
D.
Finance Committee Job Description
Jenna Daniels made a motion to approve the Finance Committee Job Description with revisions made.
Megan Coleman seconded the motion.
The committee VOTED to approve the motion.
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 6:10 PM.
Respectfully Submitted,
Megan Coleman
Reviewed monthly financial statements and reports.
Will move $569.54 from restricted fund to operating.