June 14, 2010
SPECIAL BOARD MEETING
(1) CALL TO ORDER:
A Special Board meeting of the Cape Breton-Victoria Regional School Board was called to order today beginning at 5:08 p.m.
(2) RECORD OF ATTENDANCE:
|Present:||Lorne Green,Chair||Jackie Organ||Sandra Margettie|
|Barb Mercer||Darrell Flynn||Charlie Keagan|
|Cathi Pierrard||Joan Currie||Darren MacNeil|
|Kevin Ruelland||Steve Parsons||Fred Tilley|
|Darlene Morrison||Gary Fraser|
|Also Present:||Dr. N.E. Davis, Superintendent of Schools|
|Beth MacIsaac, Director of Human Resources|
|George Boudreau, Director of Financial Services|
|John Astephen, Director of Programs and Student Services|
|Mary Passerini, Coordinator of Human Resources|
Sandra Burke, Coordinator of Finance and Accounting
Joe Chisholm, Coordinator of Human Resources
|Michelle MacLeod, Board Recording Secretary|
(3) AUDITORâ€™S REPORT FOR THE 2009-2010 BUDGET YEAR:
Mr. Boudreau, Director of Financial Services thanked Ms. Sandra Burke, Coordinator of Finance and Accounting for her hard work and diligence in preparing the attached report. Mr. Gerry MacKenzie, managing partner with the Accounting firm MGM reviewed the Audit Report with the Board. Mr. MacKenzie noted that the Audit report is qualified for the completeness of school based funds as they are not subject to satisfactory audit verification. He further stated that not many Boards in the Province were able to achieve unqualified status.
Management is in agreement with the observation and will continue to strive towards the improvement of school base funds accounting practice.
Ms. Sandra Burke reviewed the Statement of Financial statement as of March 31, 2010 with comparative figures for 2009. Ms. Burke reviewed with the Board a high level variance analysis. This document provided the positive variances, negative variances and the summary results of income statement.
Ms. Burke noted School based funds; expenditures and revenue which was highlighted on page three of the Financial Statement.
Moved by Commissioner Tilley
Seconded by Commissioner Currie
That the Board accept the audited Financial statements for the year 2010. . .
Commissioner Morrison noted that Mr. MacKenzie advised the Audit committee that he had received full cooperation from both Mr. Boudreau and Ms. Burke and the accounting staff.
(4) PERSONNEL ISSUE:
Moved by Commissioner Pierrard
Seconded by Commissioner Parsons
that the Board go to an in-camera session. . .
Commissioner Tilley chaired the in-camera session. . .
Moved by Commissioner Mercer
Seconded by Commissioner Pierrard
that the Board rise and report . .
Commissioner Green resumed the Chair. . .
Moved by Commissioner Mercer
Seconded by Commissioner Margettie
that the Board confirm the recommendation brought forward by Management. . .
(5) NEW BUSINESS:
(6) Adjournment of the meeting. . .
the meeting adjourned at 5:39 p.m.
|LORNE GREEN||GEORGE BOUDREAU|
|BOARD CHAIR||BOARD SECRETARY|