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Finance & Audit Committee approves minutes and line-item transfers
Summary
The New London Board of Education Finance & Audit Committee on Sept. 23 approved its Aug. 26 minutes and several line-item transfers, heard the monthly financial report, and recorded no public comments; all motions passed 3-0.
The New London Board of Education Finance and Audit Committee approved its Aug. 26, 2024 minutes and a set of line-item transfers at a brief meeting Sept. 23 in the New London Public Schools Welcome Center and via Zoom.
Committee Chair Elaine Maynard-Adams called the meeting to order at 6:33 p.m. and the committee recorded that no members of the public spoke during the public-comment period. Committee Member Alisha Blake moved to approve the Aug. 26 minutes; Susan Hambey seconded, and the motion carried, 3-0.
Rob Funk, the district’s Chief Financial Officer, reviewed the Monthly Financial Report and advised committee members the full report is available upon request. Funk then reviewed proposed line-item transfers. Maynard-Adams moved to approve the transfers, Blake seconded, and the motion carried, 3-0.
The committee concluded business with a motion by Blake, seconded by Hambey, to adjourn; the motion carried, 3-0, and the meeting ended at 6:41 p.m. The minutes were signed as respectfully submitted by Kristea A. Francolino, Manager of Executive Support Services.
