Adam Gray invited the Committee's guest, Marcia Rodriguez to make any comments or ask any questions she might wish to make.  Ms. Rodriguez noted that she had made a FOIA request to the School and received a letter of answer.  She asked whether the Board of Directors had voted to authorize a certain sum be paid to a search firm assisting the School in the search for an Executive Director.  Kerry Kelly explained that the Board had authorized discussion with potential search firms, but had not established an amount approved for expenditure nor authorized a search to begin.  

Dan presented his report, touching on each point described in the Meeting Agenda, and answering questions.  

Shanan Egger presented the interim financial statements for September 30 2023 and answered questions from the Committee, and from the guest present.  

Dan reported on the progress in establishing the three banking accounts at BlackHawk Bank, including the interest-bearing account and two checking accounts.  He noted that his goal is to have all three fully established by Friday Oct. 27th, provided that ISBE's quarterly PCTC payment is made early in the week, as it should be.  

The ORBA Compliance Audit is complete for FY23.  It was a clean audit with no findings.

The TKO independent financial audit report for FY23 is close to finalization, Shanan Egger and Douglas DeJong reported.  They expect no issues/findings.

This is to be deferred until later in the year, as new information becomes available.  

Dan reviewed the reports attached to the Agenda, and the Committee discussed each.  

In light of the Thanksgiving holiday, the Committee decided to meet next at 7:45am on Friday, December 1st.