International School of Louisiana Board of Trustees
Minutes
Finance Committee Meeting
Date and Time
Tuesday August 18, 2015 at 5:30 PM
Location
Camp St.
Committee Members Present
D. Bordson-Bozzo, D. Drucker, M. Tennyson
Committee Members Absent
S. Chapman
Guests Present
B. Richard-Montgomery, Tracy Shields
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 Aug 18, 2015 at 5:39 PM.
II. Finance
A.
April, May, June Financials
Administration responded to questions regarding balance sheet balances, expenses, and revenue.
B.
Head of School Credit Card Statements
Administration responded to questions regarding various credit card charges.
C.
April, May, and June Check Register
Administration responded to questions regarding various cash disbursements.
D.
Budget Adjustments
Administration informed committee that changes to budget were less than 5%, thus the budget will not have to be amended.
E.
Update on Finance Deptartment
Administration informed committee of new hires and change in pay period.
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 7:00 PM.
Respectfully Submitted,
D. Drucker