Board recordsIvy Preparatory Academy
Ivy Preparatory Academy · Finance Committee

Minutes: Regular Meeting

Tuesday, May 11, 2021 at 5:45 pm 1807 Memorial Dr.
Approved All documents for this meeting

Attendance: 4 present · 2 absent

  • Attorney Kristie Battle (board treasurer)
  • Mrs. Laticia Sharp (NON-voting; Chief Financial Officer)
  • Ms. Kanethia Henderson (committee member)
  • Victor Tate (board member)
  • Dr. Charcia M. Nichols (NON-voting; Executive Director) · not present
  • Dr. Tony Lamair Burks II (NON-voting; Governance Specialist) · not present

  1. Welcome and Call to Order

    The meeting will be called to the order by Finance Committee Chair- Victor Tate

  2. Finance Committee Work Session


    -Salon (Flawless) lease in force, need to find the water lines and remedy separate electric service

    -FY ’22 Proposed Budget: difference of approx. $218K over FY ’21; $75K Board Fundraising Goal,

    -HoS Proposed $1K ($4K total) bonuses for Contractors (from QBE funds); Sharp, Burks, Dingle (Federal Programs), HR added to the list (APPROVED)

    -Attorney fees recommendations for streamlining the yearly amount






  3. The Meeting was Adjourned

    The meeting adjourned at approximately 5:50 pm

    Motion Carried

    Motion to adjourn

    Moved by Attorney Kristie Battle (board treasurer), seconded by Ms. Kanethia Henderson (committee member)