DeKalb Preparatory Academy

Finance Committee

Regular Meeting - Monday February 23rd, 2026 @6:30 PM

Meeting Minutes

Attendance Summary

Name Status Arrival Time Departure Time
Mr. Wayne Dennis present member On Time At Adjournment
Ms. KathyAnn Young present Non-voting Administration On Time At Adjournment
Dr. Brian Merritt not present member
Traquita Lee present member On Time At Adjournment
Diane Mingo present chair On Time At Adjournment

Welcome and Call to Order

The meeting was called to order and a quorum ascertained at 6:02 p.m.

Approval of Agenda

Motion to approve the agenda with the addition of an Approval of the Minutes section.

By: Ms. KathyAnn Young Seconded by: Mr. Wayne Dennis

There was no notable discussion on the motion.

APPROVAL OF MINUTES

Motion to approve the minutes from the previous meeting

By: Ms. KathyAnn Young Seconded by: Mr. Wayne Dennis

There was no notable discussion on the motion.

January 2026 Financials

Budget and Personnel Planning Approved

The committee approved the January 2026 financials and reviewed vendor payments exceeding $5,000, which require Finance Committee and board approval. Dr. Bostic reported spending remains below the $480 contingency threshold and will present budget recommendations at next month’s meeting. Proposed hires include a third-grade teacher and a certified long-term substitute for fifth grade.

Other Business-Executive Session

The Meeting was Adjourned

The meeting adjourned at approximately 6:32 pm

Motion to adjourn

By: Mr. Wayne Dennis Seconded by: Traquita Lee

There was no notable discussion on the motion.