MCCPS Board of Trustees
Minutes
Finance Committee Meeting
Date and Time
Friday April 26, 2024 at 11:00 AM
Location
Please note that the in-person meeting will not be suspended or terminated if technological problems interrupt the remote connection.
Committee Members Present
Emily Promise (remote), Jeff Barry, Julie Santosus, Katie Holt (remote), Lindsay Smith, Paul Baker (remote), Rodolphe Herve (remote), Stephanie Brant, William Rockwell (remote)
Committee Members Absent
Melinda Way
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
Rodolphe Herve called a meeting of the Finance Committee of MCCPS Board of Trustees to order on Friday Apr 26, 2024 at 11:04 AM.
C.
Approve Minutes
Jeff Barry made a motion to approve the minutes from Finance Committee Meeting on 03-22-24.
Stephanie Brant seconded the motion.
The committee VOTED to approve the motion.
Roll Call | |
---|---|
Lindsay Smith |
Aye
|
Stephanie Brant |
Aye
|
Jeff Barry |
Aye
|
Julie Santosus |
Aye
|
William Rockwell |
Aye
|
Katie Holt |
Aye
|
Paul Baker |
Aye
|
Emily Promise |
Aye
|
Melinda Way |
Absent
|
Rodolphe Herve |
Aye
|
II. Financial Statements Discussion
A.
Committee review of Previous Month's Financial Statements
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 12:00 PM.
Respectfully Submitted,
Rodolphe Herve
Documents used during the meeting
- FinCom notes March 2024.docx
- MCCPS-Mar-2024-Financial Statements v1.xlsx
The discussion followed the notes provided.
Enrollment
Mortage interest rate
Still on track for a net loss for the year in the $200-300K range, although expected grant payments will hopefully mitigate parts of it