It was determined that the minutes available for previous meetings would be reviewed and approved at the next meeting as several members were not able to adequately review them.

The minutes to the April meeting will be voted on at the next FinCom meeting

Jeff Barry began the review of the financials and indicated April is the time during the fiscal year where the funding commences to balance out overall.  The various grants and related funds should start evening out and any imbalance should be identifiable and easily explained.
The group discussed extensively the challenges faced with health care costs as well as other possible approaches.
At the time of the discussion given the recent updates and changes to the plan, no additional actions were considered.

The committee also reviewed the importance of demonstrating to those enrolled in the plan their total overall benefit when included within the total overall compensation.
Other areas covered included direct student support, occupancy, office and administration, and maintenance.

 

The committee reviewed the latest budget version drafted along with the per pupil tuition reimbursement figures most recently released by the DESE.  It was agreed that the original figures were considered conservative, and that in creating the budget, the approach was to start conservative.

An additional analysis of Full Time Equivalents was requested at the last board meeting and some discussion ensued as to how to approach that exercise.
Nina and Jeff discussed some of their thoughts and possible approaches to staff updates with some overall thoughts on how best to maximize the available funds.
Various other items from the proposed budget were reviewed and discussed.
 

Martin Trice lead the discussion surrounding the status of the Education Fund, the progress toward the fundraising goal for the fiscal year, and the proposed activities and programs.
Next year's mentoring program as directed by the Anti-Defamation League was noted as one program to benefit from this fiscal year's fundraising efforts.
Martin explained to the group that a phone-a-thon would be taking place over the next month and a half to reach out to any parent or business that donated last year that has yet to contribute during the current fiscal year.
Some general discussion regarding the Strategic plan and other development efforts ensued.