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Board News: January 2021 Meeting Overview

Greetings from the ISD Board of Trustees!

We held our January Board meeting on Thursday, January 21, 2021.

The main highlight was an initial discussion on the 2021 – 2022 budgets that will guide ISD financially in the next school year. This annual process helps the school put careful thought and considerations into its needs and choices for the coming year.

The Board also discussed a first reading of the school’s 2019-2020 Financial Statements pending the report from the independent auditor certifying that those financial statements are accurate and give a fair presentation of ISD’s financial position, financial performance, and cash flows for the year ended July 31st, 2020.

An amendment to the audit policy also had a first reading and discussion. This policy determines the process through which the school selects external auditors to certify the robustness and dynamism of our internal financial processes.

After a second reading, the Board also voted to approve a proposed change in the Bylaws to be put to the vote by the association. The proposed change is one that will allow the Board to select and vote for up to two honorary Board Members when needed skillsets are lacking in the Board Composition at any point in time

The next Board meeting will be held virtually on Thursday, February 18th at 6:00 pm

Kind regards,


Chair, ISD Board of Trustees

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