Detroit FRC School District Meeting Minutes April 29, 2024

Detroit Financial Review Commission

SCHOOL DISTRICT REGULAR MEETING

Monday, April 29, 2024

Following the City’s Regular Meeting

(Begins no earlier than 1:05 p.m.)

Using Microsoft Teams

Meeting Minutes

Approved May 20, 2024

1. Call to Order
   1. Chairman, Kevin A. Smith called the meeting to order at 1:19 p.m.
2. Roll Call
3. Approval of Proposed Minutes from the February 29, 2024, Meeting
   1. Motion made by commissioner Rose and seconded by commissioner Berry to approve the draft minutes of the commission’s school district meeting as presented. Motion moved and supported; the commission approved the minutes of the above city meeting as presented.
4. Executive Director’s Report
   1. Patrick Dostine, Executive Director, informed the meeting that in reviewing the monthly financial reports for DPS and DPSCD, for the month ending February 29, 2024, the School District continues to pay its debt obligations, remains in compliance, and there is no reason to consider rescinding the waivers at this time.
5. Old Business
   1. None
6. New Business
   1. None
7. DPS/DPSCD Financial Reports for February 29, 2024
   1. CFO, Jeremy Vidito gave an overview of above-mentioned financial reports and addressed questions from the commissioners.
8. Public Comment
   1. None
9. Next Meeting Date
   1. School District Regular Meeting: Monday May 20, 2024, following the City Meeting, beginning no earlier than 1:05 pm, remotely using Microsoft Teams.
10. Adjournment
    1. Motion made by commissioner Rose and supported by commissioner Walsh to adjourn. The commission approved the motion to adjourn.
    2. There being no further business, the meeting adjourned at 1:37 p.m.

Roll Call:

Members Present -7

• Hakim Berry
• Jen Flood
• Jay Rising
• Ron Rose
• Kevin Smith
• John Walsh
• Dr. Vitti

Members Absent -3

• Dr. J. Barnwell
• Angelique Peterson-Mayberry
• Mary Sheffield