Arco Iris Spanish Immersion School
Minutes
Finance Committee Meeting
Date and Time
Tuesday October 13, 2020 at 6:30 PM
Location
Zoom Meeting
https://us02web.zoom.us/j/83362393118?pwd=WENGQzJ2Nm1rN0NCcURiS0lhRlh2QT09
https://us02web.zoom.us/j/83362393118?pwd=WENGQzJ2Nm1rN0NCcURiS0lhRlh2QT09
Meeting ID: 833 6239 3118
Passcode: 2gr3yM
Passcode: 2gr3yM
Committee Members Present
C. Billings, M. Barron, M. Ston, S. Trivedi, T. Mosher
Committee Members Absent
None
I. Opening Items
A.
Record Attendance and Guests
B.
Call the Meeting to Order
C. Billings called a meeting of the Finance Committee of Arco Iris Spanish Immersion School to order on Tuesday Oct 13, 2020 at 6:39 PM.
C.
Approve Minutes
M. Barron made a motion to approve the minutes from September Finance Meeting on 09-08-20.
S. Trivedi seconded the motion.
The committee VOTED to approve the motion.
| Roll Call | |
|---|---|
| C. Billings |
Aye
|
| M. Ston |
Abstain
|
| M. Barron |
Aye
|
| S. Trivedi |
Aye
|
| T. Mosher |
Abstain
|
II. Finance
A.
Enrollment Update
- All available spots offered
- Needs to be top priority
B.
Financial Statement review
- Lunch numbers received today - Tonya, Office & Christa to meet to discuss
- Shagun & Tonya will review off line together
- PPP loan forgiveness beginning in Oct, can't book to budget yet until fully forgiven
C.
Budget Review
M. Barron made a motion to Approve revised budget to recommend to the board.
S. Trivedi seconded the motion.
The committee VOTED to approve the motion.
| Roll Call | |
|---|---|
| M. Ston |
Abstain
|
| S. Trivedi |
Aye
|
| M. Barron |
Aye
|
| C. Billings |
Aye
|
| T. Mosher |
Abstain
|
D.
Director update
- Shout out to Tonya for tracking expenses for grant
- Michelle shared impact of enrollment to staff
- PD $ to continue to improve skills in distance learning
III. 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 7:12 PM.
Respectfully Submitted,
C. Billings