The Exploris School

Minutes

Finance Committee Monthly Meeting

Date and Time

Thursday September 19, 2024 at 3:30 PM

Location

http://meet.google.com/syd-qvpa-zcr

Committee Members Present

G. Bayo (remote), J. Corbat (remote), K. Morgan (remote), S. Darroch (remote), W. McLamb (remote)

Committee Members Absent

None

I. Opening Items

A.

Opening Remarks

B.

Call the Meeting to Order

K. Morgan called a meeting of the Finance Committee of The Exploris School to order on Thursday Sep 19, 2024 at 3:30 PM.

C.

Approve the Minutes from the Last Meeting

J. Corbat made a motion to approve the minutes from Monthly Finance Committee Meeting on 10-19-23.
K. Morgan seconded the motion.
The committee VOTED unanimously to approve the motion.

II. Finance Committee Agenda

A.

Review and discussion of monthly financial packet/reports

  • The Committee reviewed the August Financial Report.

B.

Requests for the Finance Committee that we need to address from the board

C.

Requests from the Finance Committee we would like to present to the board

D.

~3 month outlook for upcoming significant or unusual transactions

E.

Other items related to bonds/budget/audit/990/legal/contracts

F.

Finance Committee Items related to the Foundation or PTO

  • Josh and Koren will soon be meeting with Parent/Teacher Organization and Foundation leadership to discuss alignment and budgeting.

G.

Facilities financing - Short-term bridge financing and long-term financing

  • Josh gave an update on the Capital Campaign and Facilities Project.

H.

All other Finance Committee items

I.

Notes on status of local funding, outstanding AP items, etc.

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 4:30 PM.

Respectfully Submitted,
J. Corbat