School Board Finance Committee Meeting Minutes
October 16, 2007
Non-Approved
Committee members present: Tim Aho, Jane Fortson, Gene White, Phyllis Peterson, and Doug Lyman. Administrators Present: Katie Chambers, Business Manager and Dr. Kenneth Dassau, Superintendent. Public: Karen Cota.
The meeting was called to order at 6:23 pm when K. Chambers
arrived, as no chair or vice chair was present Mrs. Chambers was asked to
facilitate the meeting.
1. Approval of Minutes: Motion to approve the October 2nd minutes by G. White, seconded by P. Peterson. Discussion: none. Motion passes, unanimous for all present.
2. Old Business: a. Debt Financing: (handout) K.
Chambers stated that she has had no time to collect/work on the additional
information that was asked for. J.
Fortson asked that the committee be thinking forward to coming up with and
recommending a warrant article to the full board that asks for funding for a
capital fund for future building costs, stating that the fact that last years
was an expendable trust fund did not seem to work out with the district voters.
b.
MRPSOC Extension - K. Chambers
explained that D. Gurian has not yet provided information regarding the
extension, but that it has been requested.
No further discussion.
New business:
3a. Financial Reports: (handouts) K. Chambers walked the committee through the MRPSOC Summary, the Federal Grants report, the private grants/donations report and the Revenue Reports. D. Lyman questioned the difference in the amounts for the Accelera information. K. Chambers explained that it was because the report was only picking up part of the year and not the whole year.
3b. Legal Bills: K
Chambers handed out the detailed legal expense worksheet. K. Chambers stated that the NHRS appeal
amount was to be split out with Hinsdale and
4. Public Comments: K. Cota brought up putting $1,000,000 in a warrant article for the building plans.
5. Next Meeting: Tuesday, November 6th, 2007, at 6:00 pm at
the
6. Adjournment: D. Lyman made the motion to adjourn at 6:45, seconded by J. Fortson. Unanimous for all present.
Respectfully submitted
Jane Fortson