The minutes to the previous meeting were not finalized and will be voted on at the next scheduled FinCom meeting.

The group discussed the accrued expenses, and Jeff explained this is a long outstanding state unemployment (SUI) matter.  The amount and situation is well know by the auditors and treatment is considered appropriate. 
Jeff reviewed the current figures for revenue and indicated the last payment for the fellows was made and that the grant reimbursement request was submitted in March.
Jeff fielded some question on how the SPED costs are captured and tracked as well as the state allocation through the class funds and how the amount fluctuates depending on the school's population.
A general discussion regarding enrollment figures and waiting lists ensued, and the general consensus was that the new HOS should provided us with the opportunity to push for more enrollment / positive benefits of attending MCCPS.
Bill Sullivan indicated that based on discussion with DESE it is possible the school may be able to draw from Lynn in 2021 at the earliest..

 

Policies updates were briefly discussed and Julie volunteered to fully finalize the updated document for the group to complete and eventually present to the board.

The group discussed a few scenarios involving differing levels of enrollment and prepared for possible response plans and programming updates as well as budget line items which could be adjusted initially.
Artie remains an advocate to search out other potential and sustainable revenue streams.