International School of Louisiana Board of Trustees

Minutes

Rescheduled March Finance Committee Conference Call

Date and Time

Wednesday April 15, 2020 at 5:30 PM

Location

Conference Call

Committee Members Present

E. Thomas (remote), H. Rodgers iv (remote), L. Muetzel (remote), M. Tennyson (remote), Y. Zaitseva McCloskey (remote)

Committee Members Absent

G. Ligon

I. Opening Items

A.

Record Attendance and Guests

B.

Call the Meeting to Order

Y. Zaitseva McCloskey called a meeting of the Finance Committee of International School of Louisiana Board of Trustees to order on Wednesday Apr 15, 2020 at 5:57 PM.

II. Finance

A.

February 2020 Financials and HoS Credit Card

Reviewed 2020 Financials and HoS Credit Card report. 
Discussed rolling the CD that matured on 4/10 into a standard 6Mo CD.
Discussed getting details on potential opening a line of credit the our bank: amount of line credit available, associated fees.
Will revisit the CD that is coming up for maturity in May to decide if it needs to roll or transferred to our Money Market Account. 

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 6:06 PM.

Respectfully Submitted,
Y. Zaitseva McCloskey