International School of Louisiana Board of Trustees
Minutes
Finance Committee Meeting
Date and Time
Tuesday October 18, 2016 at 5:30 PM
Location
Camp Street - Library
Committee Members Present
D. Drucker, M. Tennyson
Committee Members Absent
D. Bordson-Bozzo
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 Oct 18, 2016 at 5:30 PM.
II. Finance
A.
Review July's Financial Statements
Committee discussed actual versus budget variances.
B.
Review HOS July credit card statements
Records not available at time of meeting.
C.
Review August's Financial Statements
Committee discussed variances between budget and actual line items. Admin responded to questions regarding cash disbursements.
D.
Review HOS August Credit Card Statements
Administration responded to questions regarding credit card charges.
III. Other Business
A.
Board Policy Updates
Committee agreed to revise board finance policies for presentation to board by December 2016.
B.
Finance - Training Presentation
Committee will coordinate with board to present charter school finance seminar.
C.
Long-Term Goals
Committee will develop long term goals.
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 6:35 PM.
Respectfully Submitted,
D. Drucker