DeKalb Preparatory Academy

Finance Committee

Regular Meeting - Wednesday July 18th, 2018 @6:30 PM

Meeting Minutes

Attendance Summary

Name Status Arrival Time Departure Time
Mrs. Janelle Wilhite present On Time At Adjournment
Ms. Suzette Arnold not present
Monica Brown not present
Susan Wright present On Time At Adjournment
Brian Woods present On Time At Adjournment
Chris Estes present On Time At Adjournment

Welcome and Call to Order

The meeting will be called to the order.

Approve the agenda as submitted

By: Chris Estes Seconded by: Susan Wright

There was no notable discussion on the motion.

Approve Minutes

Approve minutes from the last meeting.

Review June Financial Statements

Review Finance Reports. The preliminary report will be presented at the July board meeting. The final and the July report will be submitted at August board meeting. There was discussion on payables/receivables. Other supplemental reports will be sent as well.

Review Draft Budget

Review Draft Budget. Mr. Estes wants to propose a 3% across the board. Updated narrative notes are forthcoming. Health costs increased to approx. $535 (from $480) per employee. The school will revisit adjustments to salary schedule and performance increase criteria for teachers.






Review/Vote on modified IT contract

Review updates.

Approve the Ciridia IT contract in the amount of $85,356 provided that the cost for web services have been removed and no other additional fees are included.

By: Susan Wright Seconded by: Chris Estes

There was no notable discussion on the motion.

Other Business

Adjourn

Motion to adjourn.

By: Chris Estes Seconded by: Brian Woods

There was no notable discussion on the motion.

The Meeting was Adjourned

The meeting adjourned at approximately 9:07 pm

Motion to adjourn

By: Chris Estes Seconded by: Brian Woods

There was no notable discussion on the motion.