Welcome and Call to Order

The meeting will be called to the order by Mr. Thorn at 4:01 PM.

Approval of November 2022 Finance Minutes

Minutes were attached to the agenda.

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.

ESSER III Salary/Budget Adjustment

• The remainder of the money designated for "Learning Loss" can be put towards Summer Camp, Summer School, Credit Recovery, and EOC tutoring.
• ESSER funds will replenish the general accounts and cash-on-hand figures when they go through.

Financial Statement

Andrew Cilone presents from Prestige.

Main points:

• 58% of the operating budget left for the year in most accounts.
• 30 Days of Cash-on-hand is recommended for schools.
• JICHS currently has 199 days of cash on hand with all accounts.
• JICHS has 150 days of cash on hand using the General Operating account.
• After all proposed capital projects, JI would still have 128 days of cash on hand.  
• All staff salaries should now be out of the correct account and line item.

Capital Projects

General update. Baseball Press Box and Batting Cage quotes and management of the projects.

The Meeting was Adjourned

The meeting adjourned at approximately 4:43 PM.