Research Triangle High School
Minutes
Monthly Finance Commitee Meeting
Date and Time
Tuesday March 8, 2022 at 4:30 PM
Committee Members Present
A. Tobien (remote), B. Mitchell (remote), C. Coia (remote), C. Mugge (remote), G. Rodgers (remote), J. Webb (remote), N. Lightner (remote)
Committee Members Absent
A. Quigley
Guests Present
E. Grunden (remote)
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
C.
Approve Minutes
II. Finance
A.
February Budget Review
1. Substitute funding increased due to need for long term subs
2. All required state bonuses have been paid out.
3. School is adding a shed to increase storage. This will be capitalized.
4. CSO and DOO will provide budget predictions next month. The committee will look at ways to use the anticipated surplus.
5. Committee will review compensation ideas given inflation and keeping staff competitive with local counties.
6. Committee is looking into how better to manage our bonds and look for opportunities. We are meeting with an advisor in April.
III. Other Business
A.
New committee chair
Joey Webb appointed committee chair.
Eric Grunden appointed secretary in light of new board governance policy.
No minutes from the previous meeting.