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MCCPS Board of Trustees

Finance Committee Monthly Meeting

Published on June 10, 2022 at 8:06 PM EDT
Amended on June 14, 2022 at 1:48 PM EDT

Date and Time

Friday June 17, 2022 at 8:00 AM EDT

Location

17 Lime Street

Marblehead, MA 01945

This meeting will be held in person at MCCPS, with the video link below available for those who cannot attend.

 

Join Zoom Meeting

https://zoom.us/j/99625637131?pwd=cWdFODd1b2FvZ3dEOXVtbDZhNHRJUT09

 

Meeting ID: 996 2563 7131

Passcode: MCCPSfinco

Agenda

     
I. Opening Items
 
Opening Items
  A. Record Attendance and Guests
  B. Call the Meeting to Order
  C. Approve minutes
    Minutes for Finance Committee Monthly Meeting on May 25, 2022
II. Finance - Financial Statement Review
 
Finance
  A. Committee review of Previous Month's Financial Statements
   

Documents to be attached when available
   
   
  B. Discuss Funding requests
   

FinCom needs to review and approve 2 proposals for necessary upgrades or repairs, prior to submission to the Board. These include:

1) fire panel ($16.8K) - necessary upgrades

Currently booking 4-5 weeks out. Will require a signed contract & 50% deposit check to get on the schedule. 

Jeff Barry would like to proceed as described and will enter this as a prepaid expense for FY23 (expected to be funded with FY22 operating surplus and/or FY23 grant funding)

 

2) roof repairs ($270K) - funding to be discussed with FinCom 

 

 
   
   
III. Other Business
  A. Other discussion points
IV. Closing Items
  A. Adjourn Meeting