Add agenda items.
By: Christian Kayemba Seconded by: Tamara Cooper
There was no notable discussion on the motion.
DeKalb Preparatory Academy
Finance Committee
Regular Meeting - Monday July 24th, 2023 @6:30 PM
Meeting Minutes
Attendance Summary
| Name | Status | Arrival Time | Departure Time |
|---|---|---|---|
| Janelle Wilhite | present chair | On Time | At Adjournment |
| Suzette Arnold | not present member | ||
| Marian Simpson | present secretary | On Time | At Adjournment |
| Christian Kayemba | present member | On Time | At Adjournment |
| Tamara Cooper | present member | On Time | At Adjournment |
| Dr. Lenise Bostic | not present member |
Welcome and Call to Order
Approval of Agenda
So that there is agreement between board members on the agenda, and the amount of time spent on the meeting, the board shall vote to approve an agenda for the meeting. To the best of its ability, it will follow that agenda, and allow for the chair to move the board through the agenda as specified.
Approve Minutes
Approve minutes from the last meeting.
Other Business
Approve the contingency budget in the amount of $$7,950,188 for total expenditures.
By: Christian Kayemba Seconded by: Marian Simpson
There was no notable discussion on the motion.
Motion to pay Avalon in the amount of $3,900 for May and June.
By: Christian Kayemba Seconded by: Tamara Cooper
Ms. Wilhite stated that there should be no more financial advisory going forward.
Review Financial Statements
Review contingency budget. Review financial reports. Ms. Wilhite asked about the auditors starting. Mr. Kayemba has stated that the initial meeting has
taken place.
Ms. Cooper asked to share the financial snapshot with Ms. Falco for reauthorization.
Ms. Wilhite has asked if Ms. Falco has set up a drop box for the school staff to drop in needed
documents for school reauthorization.
Is Ms. Falco’s contract going to be extended for her to finish?
Reauthorization documents are due October 15, 2023.
The committee can’t vote on the financials because they aren’t audited. The financials will need to be
published on the website per our charter agreement.
Ms. Cooper stated that the Business Manager position has to be posted at least 4 to 8 weeks to properly
vet the correct person for the job.
The Meeting was Adjourned
The meeting adjourned at approximately 6:44 pm
Motion to adjourn
By: Tamara Cooper Seconded by: Christian Kayemba
There was no notable discussion on the motion.