Research Triangle High School

Minutes

Finance Committee Monthly Meeting

Date and Time

Tuesday October 10, 2023 at 10:00 AM

Location

RTHS Board of Directors is inviting you to a scheduled Zoom meeting.

Topic: RTHS Board of Directors' Zoom Meeting
Time: This is a recurring meeting Meet anytime

Join Zoom Meeting
https://rthighschool.zoom.us/j/93566460638

Meeting ID: 935 6646 0638

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Meeting ID: 935 6646 0638

Find your local number: https://rthighschool.zoom.us/u/ahcfCIgHb

The RTHS Board of Directors Finance Committee meets monthly on the second Tuesday of each month, except for December and July. Meetings are held virtually.

Committee Members Present

B. Mitchell (remote), C. Coia (remote), G. Rodgers (remote), M. Babb (remote), N. Lightner (remote)

Committee Members Absent

S. Rivers-Kobler

I. Opening Items

A.

Record Attendance

B.

Call the Meeting to Order

M. Babb called a meeting of the Finance Committee of Research Triangle High School to order on Tuesday Oct 10, 2023 at 10:06 AM.

C.

Approve Minutes

G. Rodgers made a motion to approve the minutes from Finance Committee on 09-14-23.
C. Coia seconded the motion.
The committee VOTED unanimously to approve the motion.

II. 2023-2024 Financial Review

A.

Financial Review

  • ADM is coming in at 562 (still a projection).
  • PRC118 -  spent $2k and budget was updated to amount actually received.
  • LinkSupport annual fee increased (required software by DPI) and the budget reflects this.
  • No other changes made to the budget.
  • Discussed the likely projection with the state budget information released - expecting roughly $115K of budget to identify spend on.
  • Parental Leave Policy proposal - RTHS would like to match the parental leave policy for birthing and non-birthing parents (increasing the current policy by 2 weeks or 8 weeks total for non-birthing parents). For a birthing parent, there is essentially no additional cost (~$24) and for a non-birthing parent it would roughly cost $2500. 
    • RTHS Finance Committee recommends approval of the parental leave proposal. 
  • Finance committee requested information on budget for next school year to make decisions on frozen positions.

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 11:04 AM.

Respectfully Submitted,
C. Coia