DeKalb Preparatory Academy

Finance Committee

Regular Meeting - Thursday January 17th, 2019 @6:30 PM

Meeting Minutes

Attendance Summary

Name Status Arrival Time Departure Time
Mrs. Janelle Wilhite not present chair
Ms. Suzette Arnold present member 30 Minutes Late At Adjournment
Susan Wright present secretary On Time At Adjournment
Brian Woods not present member
Chris Estes present viewer On Time At Adjournment

Welcome and Call to Order

The meeting will be called to the 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 the agenda as submitted

There was no notable discussion on the motion.

Approve Minutes

Approve minutes from the last meeting.

Review December Financial Statements

Review Finance Reports.

  1. Add a school wide summary for the DPA Governing Board with the following categories:Instruction, Sports, Administration, and Facilities.
  2. Check on the status of fundraising from S. Wilhite.

Discussion of Facility and Equipment Items

Review lease space options, interactive Board Quotes, laptop purchases for teachers and students.

  1. Motion to take the recommendation for EDGE Business System for the purchase of interactive boards not to exceed $59,126. (Board Action Form Needed)
  2. Contact church about administrative offices
  3. Inventory list for teacher laptop review.


Review status of modified IT contract

Review updates.

-Legal will review the document.

Updates on credit card acceptance/draft policy review

Speak with Chase Bank representative to discus protocols and draft policies.

Other Business

ACTION ITEMS:

  1. Preliminary Revenue Budget for FY '20
  2. Contingency Budget (Interest Bearing Account Options)
  3. Begin discussing FY '20 Budget and revamping Strategic Plans to meet the needs of the school.
  4. Compensation Study

Motion to approve invoices for Ciridia in the amount $6,020 for the months of December 2018 and January 2019.

By: Susan Wright Seconded by: Ms. Suzette Arnold

There was no notable discussion on the motion.

The Meeting was Adjourned

The meeting adjourned at approximately 9:18 pm

Motion to adjourn

By: Chris Estes Seconded by: Ms. Suzette Arnold

There was no notable discussion on the motion.