Vida Charter School
Minutes
Finance Committee
Date and Time
Monday December 11, 2017 at 3:30 PM
Location
Vida Charter School
Committee Members Present
G. Murry, L. Leonard, M. Davis
Committee Members Absent
None
Guests Present
Kevin Corcoran
I. Opening Items
A.
Record Attendance and Guests
B.
Call the Meeting to Order
G. Murry called a meeting of the Finance Committee of Vida Charter School to order on Monday Dec 11, 2017 at 3:41 PM.
C.
Approve Minutes
G. Murry made a motion to approve minutes from the Finance Committee Meeting on 11-13-17, pending rewording of the director's report. Finance Committee Meeting on 11-13-17.
L. Leonard seconded the motion.
The committee VOTED unanimously to approve the motion.
II. Finance
A.
Auditor's Report
G. Murry made a motion to Recommend the 2016-2017 financial audit and the 2016-2017 management report for approval by the Board.
L. Leonard seconded the motion.
The committee VOTED unanimously to approve the motion.
The auditor gave a few small management recommendations, but otherwise noted that no material modifications need to be reported.
B.
Director's Report
The Executive Director reported on the need for two additional positions: an assistant in sixth grade and a paraprofessional.
Salary line is still under budget.
The ESL position has been advertised.
Salary line is still under budget.
The ESL position has been advertised.
C.
Approve November Financials
G. Murry made a motion to Recommend November financials for approval by the Board.
L. Leonard seconded the motion.
The committee VOTED unanimously to approve the motion.
No unexpected changes. The financials have been reviewed for special education needs.
D.
Spring Grove Bus Stop
The committee discussed this and were in consensus that the Spring Grove Bus stop is not economically feasible with the current budget. We will review again in the new budgeting cycle.
III. Closing Items
A.
Adjourn Meeting
G. Murry made a motion to adjourn the meeting.
L. Leonard seconded the motion.
The committee VOTED unanimously to approve the motion.
There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 4:48 PM.
Respectfully Submitted,
G. Murry