Bricolage Academy

Finance Committee

Finance Meeting - Wednesday April 28th, 2021 @4:00 PM

Meeting Minutes

Attendance Summary

Name Status Arrival Time Departure Time
Merritt Lane present Treasurer On Time At Adjournment
Yvette Jones present chair On Time At Adjournment
Melissa Carollo present member On Time At Adjournment
Harlan Bush not present member
Norman Barnum present member On Time At Adjournment
Carolyn Chandler present member 30 Minutes Late At Adjournment

Welcome and Call to Order, Merritt Lane

Public Comment Expectations

Requests for public comment will be made prior to every vote taken by the Committee Members. Members of the public are invited to sign up to speak for up to two minutes and are required to keep their comments limited and relevant to the agenda item the board is voting on.

Our meetings are open to the public and public record. As such, if your comment is about a private matter, please contact the Committee Chair, Merritt Lane at

Approval of Minutes

Approve the Minutes from 3-3-2021

By: Melissa Carollo Seconded by: Norman Barnum

There was no notable discussion on the motion.

Financial Packet Review, Anne Chapman

Review current financial package through March 31st, 2021

Anne Chapman lead the discussion on the Bricolage Financials through March 31st, 2021.

  • The discussion was had surrounding the timing of funds from State and Federal grants, specifically related to High-Cost Services and Strong Start 2020.
  • It was stated that based on data through 3-31-21, we are expected to have a change in ending cash of approximately $749K. We started the year with a Negative $236K balance. This is due to being awarded more federal funds for Special Education, the reduction in transportation costs and meal services, and that we lost no money with aftercare write-offs in 20-21.
  • The future use of ESSER II and ESSER III funds to supplement the loss of MFP revenue was discussed. All were in agreement that these funds will be used as an offset to the reduction in MFP and towards learning loss programming.

Approve the 2019-2020 - 990 Tax Return for Bricolage Academy

By: Norman Barnum Seconded by: Merritt Lane

There was no notable discussion on the motion.

Adjourn Meeting

adjourn meeting.

There was no notable discussion on the motion.

The Meeting was Adjourned

The meeting adjourned at approximately 4:47 pm

Motion to adjourn

By: Melissa Carollo Seconded by: Yvette Jones

There was no notable discussion on the motion.