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New London finance committee approves line-item transfers, adopts minutes

New London Board of Education Finance & Audit Committee · June 1, 2026
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Summary

At its May 27, 2025 meeting, the New London Board of Education Finance & Audit Committee approved line-item transfers over $25,000 and adopted minutes from March 24 and April 24; Chief Financial Officer Rob Funk reviewed the monthly financial report. All motions carried 3-0 by roll call.

The New London Board of Education Finance & Audit Committee on May 27, 2025, approved line-item transfers over $25,000, adopted minutes from previous meetings and reviewed the district's monthly financial report.

Committee Chair Elaine Maynard-Adams called the meeting to order at 6:32 p.m. at the New London Public Schools Welcome Center; Committee Member Alisha Blake attended virtually and Susan Hambey attended in person. Chief Financial Officer Rob Funk reviewed the Monthly Financial Report and stated the full report is available upon request.

The committee approved the March 24, 2025 minutes on a motion by Committee Member Susan Hambey, seconded by Alisha Blake; the motion carried 3-0 by roll call. The committee also approved the April 24, 2025 special-meeting minutes on a motion by Chair Elaine Maynard-Adams, seconded by Hambey; that motion carried 3-0.

Rob Funk reviewed recommended line-item transfers exceeding $25,000 and the committee voted to approve those transfers on a motion by Chair Elaine Maynard-Adams, seconded by Alisha Blake; the motion carried 3-0 by roll call. The transcript notes that because a board member attended virtually, all votes were taken by roll call.

No members of the public spoke during the public comment period, and no committee member comments were recorded under that agenda item. A motion to adjourn, moved by Susan Hambey and seconded by Chair Elaine Maynard-Adams, carried 3-0 and the meeting was adjourned at 6:50 p.m. The minutes were filed as "Respectfully submitted" by Kristea A. Francolino, Manager of Executive Support Services.

The committee did not record further action items or schedule follow-up at the meeting; requests for the full Monthly Financial Report or line-item transfer details are available from the district upon request.