Finance Committee Meeting Agenda

August 8, 2024, 12:00-1:00 PM

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Published on August 8, 2024 at 11:26 AM EDT

Thursday August 8, 2024 at 12:00 PM EDT

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Section Number	Topic Number	Details	Purpose	Presenter
I.	Opening Items
	A.	Record Attendance		Susan Whipkey
	B.	Call the Meeting to Order		Brian Langley
II.	Ad-Hoc Agenda Items
	None
III.	Standard Agenda Items
	A.	Financial Audits	Discuss	Joe Drago
	B.	Financial Health of the Portfolio	Discuss	Joe Drago
	C.	Budget vs. Actual Dashboard/Spending Report	Discuss	Amy Allen
		FY24 Reconciled Year-End Financials
		FY24 MCSC Budget vs Actual Report as of 8.1.24.pdf
	D.	Amendment Requests/Fund Requests	Discuss	Lana Ewing
		Maine Arts Academy's Request to Expand Grade Levels to Include Grade 7 and Grade 8 (PREVIEW)
		Final MEAmendmentGuideforEnrollmentandGradeSpan.pdf
	E.	Requests to Incur Debt	Vote	Lana Ewing
		None
	F.	Updates/Announcements	FYI	Lana Ewing
		Using FY24 QTR 4 financials to report Financial Outcomes in the Annual Monitoring Reports
IV.	Next Month's Topics
	SY2022-23 Annual Monitoring Reports Addendum Committee Recommendation on Maine Arts Academy's Request to Add Grade Levels FY25 Spending Dashboard (Budget vs. Actual Report)
V.	Next Meeting Date/Time
	September 5, 2024 (Zoom)
VI.	Closing Items
	A.	Adjourn Meeting	FYI	Brian Langley