The Museum School

Finance Committee

Virtual Meeting - Tuesday August 13th, 2024 @7:00 PM

Meeting Minutes

Attendance Summary

Name Status Arrival Time Departure Time
Tish Craig present Non-voting Administration On Time At Adjournment
Danielle Royden 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
Ashley Rowland present chair On Time At Adjournment

Report from Finance Committee

The Finance Committee met on Tuesday July 9th, 2024 @7:00 PM for what was scheduled to be a 0 hours and 31 minutes long meeting. Present: Tish Craig, Danielle Royden, Hunter Fountain, Ashley Rowland Not Present: Dan Waltzer, Brad Summers The members considered the following items: 1. Approval of Minutes from Jun 11, 2024 2. Approval of Agenda 3. Monthly Financials 4. Adjourn The committee considered 4 motions, of which 3 passed, and 0 failed: 1. Approve minutes (passed) 2. Approve the agenda as submitted (passed) 3. Motion to Adjourn (proposed) 4. motion to adjourn (passed) The meeting adjourned at 7:43PM

Approve minutes

By: Ashley Rowland Seconded by: Brad Summers

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 the agenda as submitted

There was no notable discussion on the motion.

Approval of minutes

By: Danielle Royden Seconded by: Ashley Rowland

There was no notable discussion on the motion.

Review June Financials

  • TSI discrepancy -- no access to TSI funding as budgeted
  • Lunch adjustment
  • Adjustment for deferred foundation revenue (e.g., outdoor classroom)
  • Discussion of capitalization of consulting fees re: facility

Monthly Financials

  • Reviewed July monthly financials vs. approved spending proposal for July & Aug


Review proposed budget

Review items related to the proposed 2024-2025 budget:


  • Review of proposed personnel expenses (salary, mix, additional personnel)
  • Discussion of discretionary instructional expenses (not necessarily items that would carry on YoY) w.r.t. after school income. Item to follow up for possible budget adjustment mid-year. Possible inclusion of funding for other programs.

Action Items for Next Meeting

Summarize priorities for next committee meeting


  • Audit going smoothly
  • Board will need to vote to approve budget proposal

The Meeting was Adjourned

The meeting adjourned at approximately 8:20 pm

Motion to adjourn

By: Danielle Royden Seconded by: Ashley Rowland

There was no notable discussion on the motion.