The Exploris School
Minutes
Finance Committee Monthly Meeting
Date and Time
Thursday January 16, 2025 at 3:30 PM
Location
http://meet.google.com/syd-qvpa-zcr
Committee Members Present
G. Bayo (remote), J. Corbat (remote), K. Morgan (remote), W. McLamb (remote)
Committee Members Absent
S. Darroch
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 Jan 16, 2025 at 3:31 PM.
C.
Approve the Minutes from the Last Meeting
G. Bayo made a motion to approve the minutes from Finance Committee Monthly Meeting on 11-21-24.
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 discussed the monthly reports.
- No major concerns were raised.
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
- The Committee will be requesting the Board to approve a plan to complete our Budget Revision in March 2025. This will provide us with more actionable data, as more annual spending will have occurred closer to the fiscal year end.
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
G.
Facilities financing - Short-term bridge financing and long-term financing
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 4:25 PM.
Respectfully Submitted,
J. Corbat