November 13, 2018 at 11:00 AM - Finance, Audit, and Budget Committee Meeting
| Finance, Audit & Budget Committee | |
| Attendance Taken on 11/13/2018 at 10:56 AM | |
| Greg Barnes | Absent |
| Geraldine Erickson | Present |
| Mowinkel ESU 08 | Present |
| Dr. Bill Heimann | Absent |
| Dr Kraig Lofquist | Present |
| Dr. Dan Schnoes (NE) | Present |
| Liz Standish | Absent |
| Present: 4, Absent: 3 | |
| Minutes | |
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1. Call to Order
Speaker(s):
Committee Chair
Agenda Item Type:
Information Item
Discussion:
Call to order at 11:00 AM.
Staff: David M Ludwig, Deb Hericks, Priscilla Quintana |
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2. Roll Call
Speaker(s):
Committee Chair
Agenda Item Type:
Procedural Item
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3. Agenda Item
Speaker(s):
Committee Chair
Agenda Item Type:
Information Item
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3.1. Approve Claims, Financials Statements, and Assets for Month of September and October
Speaker(s):
Committee Chair
Agenda Item Type:
Action Item
Action(s):
No Action(s) have been added to this Agenda Item.
Discussion:
Committee Chair reviewed the budget reports. Budget reports are for September and October.
Attachments:
()
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3.2. Approval of October Expenses to be paid in November.
Speaker(s):
Committee Chair
Agenda Item Type:
Action Item
Action(s):
No Action(s) have been added to this Agenda Item.
Discussion:
Committee Chair reviewed the budget reports. Total Expenses: $227,496.55.
Attachments:
()
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3.3. Recommend approval of December Claims as approved by Executive Director
Agenda Item Type:
Action Item
Action(s):
No Action(s) have been added to this Agenda Item.
Discussion:
Recommend approval for Executive Director to pay bills in December to be re-approved at January Board meeting.
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3.4. Long Term Fiscal Goals
Speaker(s):
Executive Director
Agenda Item Type:
Information Item
Discussion:
Committee Chair shared some long term fiscal goals. Executive director will work to get a MOU with NDE by Janaury to secure funding for NROC and some salary/benefits. Innovation Grant could possibly apply for extension of grant through December 2019. Other possbilities could include lease spaces, back-up software to a sustainable, and hardware to be included in the sustainability efforts.
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3.5. Monthly Staff Budget Meeting
Speaker(s):
Committee Chair
Agenda Item Type:
Information Item
Discussion:
They met to discuss the monthly budget reports.
Links:
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4. Next Meeting Agenda Items
Speaker(s):
Committee Chair
Agenda Item Type:
Information Item
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5. Executive Session
Speaker(s):
Committee Chair
Agenda Item Type:
Information Item
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6. Adjournment
Speaker(s):
Committee Chair
Agenda Item Type:
Procedural Item
Discussion:
Motion to adjourn at 11:35 AM.
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