New London School District finance committee approves April minutes, line-item transfers

The New London Board of Education Finance & Audit Committee voted unanimously to approve the April 29, 2024 minutes and to approve proposed line-item transfers at its May 28, 2024 meeting.

Committee Chair Elaine Maynard-Adams called the meeting to order at 6:01 p.m. The committee—Maynard-Adams, Committee Member Alisha Blake and Committee Member Susan Hambey—voted 3-0 on both motions. Ms. Blake moved to approve the April 29 minutes; Ms. Hambey seconded the motion, which carried 3-0. Later, after a review by Chief Financial Officer Rob Funk, Ms. Blake moved to approve the line-item transfers and Ms. Maynard-Adams seconded; that motion also carried 3-0.

Rob Funk reviewed the Monthly Financial Report for the committee and said the fuller report is available upon request. The minutes record that the line-item transfers were discussed and approved; specific dollar amounts or account details were not included in the committee summary and are available in the full reports referenced by staff.

The Finance & Audit Committee adjourned at 6:27 p.m. The minutes were respectfully submitted by Kristea A. Francolino, Manager of Executive Support Services.