The Museum School

Finance Committee

Regular Meeting - Monday September 11th, 2023 @7:00 PM

Meeting Minutes

Attendance Summary

Name Status Arrival Time Departure Time
Tish Craig present Non-voting Administration On Time At Adjournment
Andrew Tashiro present chair On Time At Adjournment
Danielle Royden present member On Time At Adjournment
Ashley Rowland present member On Time At Adjournment
Dan Waltzer present member On Time At Adjournment
Brad Summers present secretary On Time At Adjournment
Hunter Fountain present member On Time At Adjournment

Welcome and Call to Order

Finance Committee Chair and Governing Board Treasurer, Andrew Tashiro, will call the public budget input hearing to order

Approve minutes from prior meeting

By: Andrew Tashiro Seconded by: Hunter Fountain

There was no notable discussion on the motion.

Approval of Agenda

So that there is agreement between board members on the agenda, and the amount of time spent on the meeting, the board shall vote to approve an agenda for the meeting. To the best of its ability, it will follow that agenda, and allow for the chair to move the board through the agenda as specified.

Approve agenda

By: Andrew Tashiro Seconded by: Ashley Rowland

There was no notable discussion on the motion.

Discussion of Capital Expenditure policy

Dan & Ashley discussed processes for approving capital expenditures out of surplus funds such that they remain in accordance with charter

Monthly Financials

Review August financials. Items discussed:

  • Misc revenue item related to Chromebook insurance; consensus recommendation to count as deferred revenue
  • Follow up on "technology related supplies/services" expense
  • Discussed process for better tracking facilities expenses via Dan as liaison



Audit Update

Items discussed:

  • Recognition of ERTC and Foundation Funds
  • Discussion of open items to awaiting response from Aprio
  • Ashley to reach out
  • NDA document update

Adjourn

Committee Meeting Adjourned

Motion to Adjourn at 7:52 pm

By: Andrew Tashiro Seconded by: Ashley Rowland

There was no notable discussion on the motion.

The Meeting was Adjourned

The meeting adjourned at approximately 7:54 pm

Motion to adjourn

By: Andrew Tashiro Seconded by: Ashley Rowland

There was no notable discussion on the motion.