Board of Directors Highlights

Board of Directors Highlights

A regular meeting of NJSBA’s Board of Directors took place on Friday, Oct. 17 in Plainsboro. Action taken at the Board of Directors meeting included the following:

Administered the Oath of Office to Board of Directors members and alternates Marida Tindell (Cumberland), Terry Kohl (Middlesex), Arthur Jacobs (Sussex) and Gusna Rutledge (Warren).
Accepted NJSBA’s 2007-2008 Audit Report.
Approved Audit Committee’s motion to place $500,000 of surplus in the Capital Fund Account; $250,000 of surplus in an account for the maintenance and updating of the Association’s Information Technology system; $250,000 of surplus in an account for the implementation of the Strategic Plan; and increase the Association’s Free Balance account by $500,000.
Approved minutes of the Sept.19 Board of Directors reorganization meeting.
Approved the Association’s holidays for 2009-2010.
Approved the Association governance calendar for 2009-2010.
Approved first reading, waived second reading and adopted Governance and Operations policy amendments that authorized the Executive Director to, in the future, set the dates for the Association’s holidays, governance calendar and annual Workshop.
Approved appointments to the Legislative Committee.
Discussed and approved the amendments to the Executive Director’s contract.
Conducted group discussions on the Association’s Strategic Plan.
Heard an update on Workshop 2008.