DeKalb Preparatory Academy

Finance Committee

Regular Meeting - Tuesday October 15th, 2024 @6:30 PM

Meeting Minutes

Attendance Summary

Name Status Arrival Time Departure Time
Mrs. Janelle Wilhite present chair On Time At Adjournment
Ms. Suzette Arnold not present member
Mr. Wayne Dennis present member On Time At Adjournment
Ms. KathyAnn Young present Non-voting Administration On Time At Adjournment
Dr. Lenise Bostic present member On Time At Adjournment

Welcome and Call to Order

The meeting was called to the order by the Finance Chairperson, Janelle Wilhite, at 6:38 p.m.

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.

Motion to approve the agenda as submitted

By: Dr. Lenise Bostic

There was no notable discussion on the motion.

Approve Minutes

Approve minutes from the last meeting.

Motion to approve the minutes from the last meeting.

By: Dr. Lenise Bostic Seconded by: Mr. Wayne Dennis

There was no notable discussion on the motion.

Review Financial Statements

Review Finance Reports. Ms. Lee presented the financials, including the budget and projections, and confirmed the reconciliation for September. Ms. Wilhite raised concerns about vendor payments and requested further information on salaries and benefits before moving forward with amendments. Discussions included the Kaiser renewal and the pending audit, which is awaiting data from Dekalb County School District. Ms. Young also addressed the vacancy in the School Business Administrator position, highlighting the need for consistent interview procedures.

The Meeting was Adjourned

The meeting adjourned at approximately 7:58 pm

Motion to adjourn

By: Dr. Lenise Bostic Seconded by: Mr. Wayne Dennis

There was no notable discussion on the motion.