FC Meeting June 19, 2025

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Agenda

1. Land Acknowledgement: The Foundation of Administrative Justice respectfully acknowledges that our courses are offered on traditional lands of First Nations, Metis, Inuit, or First Peoples in Canada. We respect the histories, languages, and cultures of First Nations, Metis, Inuit, and all First Peoples in Canada whose presence continues to enrich our vibrant community.
2. May 2025 – Month-End Statements
   1. Income Statement
   2. Income Statement Comparative to Budget
   3. Income Statement Comparative to Previous Year
   4. Balance Sheet
   5. Balance Sheet Comparative to Previous Year
   6. ATB Chequing and Notice Demand
   7. Servus Credit Union Bank Reconciliation
   8. Customer Aged
   9. Supplier Aged
3. Cash Flow Projection Forecast
4. 2025 Revised Budget
   1. CDT Report
5. GICs
   1. $42,552.78 Matures July 10, 2025
   2. $47,700.61 Matures August 8, 2025
6. Current Terms of Reference – Finance Committee
7. Draft Terms of Reference – Financial Sustainability and Viability Committee

8. No Go Line-can the committee agree on a calculation to arrive at a number that if we dip below, it triggers windup

9. Next Meeting Dates

• August 14, 2025 (12:00-1:00 MT)
• November 6, 2025 (12:00-1:00 MT)

Approved Budget – November 2024

• Monthly hard costs are $33,603.12
• All monthly costs are $46,901.38
• Costs directly related to courses are $307,153.42 and would not be paid if all courses were canceled.