The Finance Committee held a discussion using the published April notes as a guide.  Main discussion items included:

• DESE deducted $7,812 from the last check and will do so every month for the remainder of the year.  We anticipate revenues to be otherwise stable and to finish the year solidly in the black
• Enrollment is currently at 221 and holding steady. Every effort is made to get to close to 230 enrollment next year
• HR professional Kim Ginsberg started and is already having a very positive impact. She attended all staff contract negotiations for next year.  These were overall positive interactions and occurred without any issues
• The timeline for the annual audit will be as such:

1. first phase: Compliance audit. Jeff to submit documents by June 20th, including grant documents, occupancy documents, leases documents, Board minutes, Attorney bills, etc.
2. second phase: financial audit, for which documents are due by Aug 29
3. As usual, audited 2021-2022 financial statements will need to be submitted to DESE by Nov 1, 2022

• Jeff Barry anticipates that a request will be submitted to FinCom before August to approve a $20K expense related to upgrading the Fire Panel System    
• The kitchen will see a major overhaul over the summer (new floor, new oven, fridge and freezer). This work will be paid for by a combination of Food Services revenues, grants and donations. 1 additional part-time FTE will also support Danette going forward
• Rockland Trust has not been very responsive of late despite several requests from Jeff.  The matters of the Letter of Credit and potential mortgage renegotiation remain outstanding
• MCCPS successfully settled its second and last enrichment claim for $6,300 in May. This essentially closes all outstanding issues with past enrichment claims.