Vida Charter School
Minutes
Finance Committee Meeting
Date and Time
Monday June 26, 2017 at 3:30 PM
Location
Eisenhower Bldg
Committee Members Present
J. Brandauer, M. Davis
Committee Members Absent
M. Rosenberger
Guests Present
Kevin Corcoran
I. Opening Items
A.
Record Attendance and Guests
B.
Call the Meeting to Order
J. Brandauer called a meeting of the Finance Committee of Vida Charter School to order on Monday Jun 26, 2017 at 3:53 PM.
C.
Approve Minutes
M. Davis made a motion to approve minutes from the Finance Committee Meeting on 06-01-17 Finance Committee Meeting on 06-01-17.
J. Brandauer seconded the motion.
The committee VOTED unanimously to approve the motion.
II. New Business
A.
Call to Public
No members of the public were in attendance.
B.
Enrollment Report/Treasurer's Report/Monthly Business Report
There were no recent updates on enrollment status.
C.
Brief financial update
Financial update by KCorcoran was optimistic indicating a positive fund balance for the year as of 5/31 (forecasted to be $38K). Some bills are still outstanding (end-of year bills, legal, etc.).
D.
2016/17 audit - starting
KCorcoran provided a brief update on SD Associates and their audit process. They may meet with MDavis in late July/early August.
E.
Review dental care packages for employees
Dental care program was reviewed. MDavis will follow up on whether a board vote is necessary.
F.
Teacher contracts
Teacher salary equity was discussed by the committee. KCorcoran was asked to provide clarification to a faculty member.
G.
Signatures for change of account
KCorcoran stated that we must provide a copy of the meeting minutes approving our banking change to Charter Choices for this change to become effective.
III. Old Business/Updates
A.
Annual goals review
The committee briefly discussed annual goals with an eye towards updating this list for 2017.
IV. 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 5:05 PM.
Respectfully Submitted,
J. Brandauer
J. Brandauer made a motion to adjourn the meeting.
M. Davis seconded the motion.
The committee VOTED unanimously to approve the motion.