Public Meeting Notice  Board of Trustees Finance Committee Meeting

Soldiers’ Home in Holyoke
TELEPHONIC MEETING OF THE BOARD OF TRUSTEES FINANCE COMMITTEE

Location:
Conference Call Telephone Number for use during the Open Session:

1-617-315-0704

Access Code: 2531 853 6317

Date and Time:
Wednesday, September 21, 2022
5:30 p.m.

Agenda:

1. Call to Order
2. Pledge of Allegiance
3. Approval of Minutes of August 24, 2022 Finance Committee Meeting
4. Old Business
   1. Soldiers’ Home Budget Process and Capital Plan
   2. Non-veteran license plate inquiry.  Discussion of potential fundraising alternatives.
   3. Review of FY23 Trustee Fund Spending Plan/Budget
   4. Update from CFO on status of tablet access for all residents
   5. OIG Audit report dated 8/5/2022 – review of report, recommendations, need for legal clarification between OIG and new state law, and next step action items for the Board.
5. New Business
   1. Review of UBS Fund Performance and Westfield Bank Checking Account balances
   2. Review of Treasury Department I Bonds as possible investment choice
   3. A review of any new requests for expenditures from Trustee Fund
   4. Advertising support for HSH about facility turnaround plan and progress made
   5. A Donor Appeal for the benefit of the Trustee Fund
   6. Asset Control Plan from CFO – discussion of how facility manages its inventory control plan.  Review of Inventory Control Policy
   7. Inventory of all HSH Vehicles including make, model, year, mileage, grade of condition, purpose of vehicle, gas/electric fuel use, projected replacement year, and projected cost of replacement.  Discussion and review of new state policy relative to electric vehicles
   8. Report from CFO on potential audio equipment replacement for events at HSH

1. Adjourn