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Board reviews unaudited October financials, approves amended Oct. 22 minutes
Summary
The board accepted unaudited financial statements as of Oct. 31, 2024, noted the Series 2022A note will be closed and applied to prepay bond debt, and approved amended Oct. 22 meeting minutes with multiple textual corrections.
Mrs. Adams presented the unaudited financial statements as of Oct. 31, 2024 and informed the board that the Series 2022A Note will be closed with funds applied to prepay bond debt. Mr. Blumenthal asked why an Oct. 1 insurance payment was not listed in the check register; Mrs. Adams said she would investigate and report back to him.
The board reviewed edits to the Oct. 22, 2024 Regular Meeting Minutes, agreeing to multiple corrections of names and text (for example, changing “Bradbury” to “Batterberry” and correcting several other line items). On motion by Mr. Blumenthal and seconded by Mr. Mountford, the amended minutes were approved unanimously.
The minutes also list active action and agenda items' status and note several items completed; specific budget amendments were listed for informational purposes only.
