Bethany Community School
Minutes
Finance Committee Meeting
Date and Time
Tuesday September 17, 2024 at 5:10 PM
Committee Members Present
Ana Bumgarner, Jeff Morris, Jenna Daniels, Megan Coleman
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 Tuesday Sep 17, 2024 at 5:07 PM.
Megan Coleman made a motion to approve the minutes from Finance Committee Meeting on 08-21-24.
Jenna Daniels seconded the motion.
The committee VOTED unanimously to approve the motion.
II. Financial Update
A.
Review Monthly Financial Statements
B.
Review Investment Statements
Ana Bumgarner presented investment statements.
III. Finance Committee Policies/Procedures
A.
Review Internal Fiscal Policies
Reviewed internal fiscal policies. Jeff Morris and Ana Bumgarner to review separately and present next meeting.
B.
Review Finance Committee Job Description
Megan Coleman made a motion to Approve finance committee job description as presented.
Jenna Daniels seconded the motion.
Will present to board at September meeting.
C.
Review Board-Staff Agreement for Financial Accountability
Reviewed board-staff agreement for financial accountability. Jeff Morris and Ana Bumgarner to review separately and present next meeting.
D.
Review Finance Committee Goals
Reviewed finance committee goals.
IV. 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 7:00 PM.
Respectfully Submitted,
Megan Coleman
Documents used during the meeting
- August First National Bank 9660894.pdf
- August First National Bank 95372222.pdf
- 79A August FY25 Financial Reports.pdf
- 79A August FY25 Financial Reports - Board.pdf
- Raymond James August Statement.pdf
- Internal_Fiscal_Policies.docx
- Finance Committee Job Description (draft).pdf
- Board-Staff Agreement for Financial Accountability.pdf
Ana Bumgarner presented monthly financial statements. Moving forward, Ana will create a monthly AP Summary for the finance committee.