Finance Committee

Finance Meeting December 2020 - Monday December 7th, 2020 @4:00 PM

Meeting Minutes

Attendance Summary

Name Status Arrival Time Departure Time
Yolanda Chisolm present member On Time At Adjournment
Andrew Drake present member On Time At Adjournment
Timothy Thorn present member On Time At Adjournment
Greg Hays present member On Time At Adjournment

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Welcome and Call to Order

The meeting will be called to the order.

Approval of Finance Agenda

So that there is an agreement between committee members on the agenda, and the amount of time spent on the meeting, the committee 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 through agenda as specified.

Approve the agenda as submitted

By: Timothy Thorn Seconded by: Yolanda Chisolm

There was no notable discussion on the motion.

Approval of Minutes from Nov 10, 2020

Approve the minutes as submitted

By: Timothy Thorn Seconded by: Yolanda Chisolm

There was no notable discussion on the motion.

Financial Statement


Budget items to review-

Vending (Reduce)Category

Other Revenue Services from Local Sources (Reduce)

EMD vs TMD clerical salaries (group or not group?)

Staff Training- ask admin/Ballard (covid related)

Athletics- in general

November Reports

58% is what you should see overall.

Nothing on expenses looks off except office supplies.

Vending- Because of Covid we need to reduce the overall amount. Last year we were at 2500 (currently $123.00). Reduced coastal to $1k and Pepsi to $4K

EMD & TMD  on bottom of page 3 & 4. We can combine the salary line so we can see the total staffing vs the CCSD breakdown line for TMD. Thorn will send David the breakdown for each line. 

Training/PD- line is at 150k on page 6 if it isn't used it will be rolled over to the 21-22

Other revenue sources- running on investments interest was 16k form last year but for Capital project .5 million will reduce the total amount gained. Last year the gain was almost 20k a month. We can’t guess the rate until they change the rate cut from April/Covid related. 

Rentals- The only rental is athletics because it's closed to outside rentals per covid/CCSD Reduce to 3k.

Fundraisers we will track that.

Student fees was reduced in September

Athletics was reduced in September. Athletic/Student transportation will not be used as much as last year because of covid. (save on travel and band specialist help).  

Page 7. Plexiglass will now be closer to 186k with taxes and fees.

Per pupil allocation number will be based off of 19-20 and will get that number late December early Jan. The number will probably be stagnant.

156k for the Cares Act will be added. There are new regulations that will be used to track. Do we need to add it for revue or wait till Jan. Thorn would like to wait till Jan before we add it to the budget.

1579 kids today in Powerschool.

The Meeting was Adjourned

The meeting adjourned at approximately 4:32 pm

Motion to adjourn

By: Timothy Thorn Seconded by: Andrew Drake

There was no notable discussion on the motion.