International School of Louisiana Board of Trustees
Minutes
Finance Committee Meeting
Date and Time
Tuesday May 10, 2016 at 5:30 PM
Location
Camp St. Library
Committee Members Present
D. Bordson-Bozzo, D. Drucker
Committee Members Absent
M. Tennyson
Guests Present
Emily Thomas, H. Rodgers iv, L. Muetzel, Mike Dunn
I. Opening Items
A.
Record Attendance and Guests
B.
Call the Meeting to Order
D. Drucker called a meeting of the Finance Committee of International School of Louisiana Board of Trustees to order on Tuesday May 10, 2016 at 5:37 PM.
II. Finance
A.
Review of July - December 2015 Financial Reports
Committee discussed variations between budget and actual for financial statement line items.
B.
Review of 2016 1st Quarter Financial Reports
Committee discussed variations between budget and actual for financial statement line items.
C.
Discussion of Budget Timeline
Committee discussed timeline for draft copy of budget review.
III. Other Business
A.
Update on status of Finance Department
Administration responded to questions regarding current staffing, monthly financial statement expectations, and status of inside and outside reporting.
IV. 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 6:57 PM.
Respectfully Submitted,
D. Drucker