Ivy Preparatory Academy Finance Committee Meeting Information

LOCATION: Committee meetings are held at Ivy Preparatory Academy at Kirkwood, located at 1807 Memorial Drive, SE Atlanta, GA 30317.

AGENDA: Committee meeting agenda items are scheduled to be considered as noted in this agenda; however, agenda items may be taken out of the order presented on the agenda at the discretion of the chair. 

ACCOMODATIONS: Reasonable efforts will be made to assist and accommodate persons with a disability. Please contact Dr. Charcia Nichols at 404-622-2727. Request should be made as early as possible to arrange the accommodations, no later than 24 hours prior to the meeting.

PUBLIC COMMENTS: The Public Comment time period is for the public to address the Committee. Those who wish to speak must sign-up before the start of the meeting. Speakers may have up to three minutes to speak. 

Approval of Agenda

Approve Committee Meeting Agenda - Committee Chair

Welcome and Call to Order

Meeting Called to Order at 6:49pm - Committee Chair

Public Comment

Public Comments - Committee Chair - No one signed up

Transparency: Committee meetings are a public forum to provide transparency into the governance of the school. Engagement from the community is strongly encouraged and vital to that governance.

Time Limit: A total of 30 minutes shall be set aside for public comment. Each speaker will have a maximum of 3 minutes to speak. A speaker may not sign up to speak more than once during the same public comment period.

Board Action: Committee members shall not provide responses nor engage in direct conversation with speakers during public comments. The committee will bring the matter to the board to engage the Head of School or the Chief Financial Officer in responding at a later time as necessary and appropriate.

Civil Discourse: Speakers are encouraged to maintain decorum and present their comments in a civil manner. The committee reserves the right to request any speaker engaging in personal attacks, or the use of obscene or derogatory language, to restate their position in a manner more appropriate for a school environment.

Finance Committee Work Session

Finance Committee Remarks - Committee Chair

Finance Updates and Work - Chief Financial Officer

1. Determined public hearing dates for the FY22 Amended Budget and the FY23 Proposed Budget. Both to be held on same day: May 10, 2022 (1st Public Hearing); May 24, 2022 (2nd Public Hearing).
2. Discussed possible FY23 Annual Fundraising Events and possible months to be held: 1 or 5K Run (July); Golf Tournament (September); Gala (December); and Celebrate Women in the Community (March). 
3. Discussed the creation of social media enrollment postings that Board members and Teachers can send out to their followers.
4. Updated committee on FY23 enrollment as of the meeting date.
5. Updated committee on conversation regarding refinancing of the bond with Brandon Comer of Comer Capital.

Items to be included in the April 26, 2022 board meeting agenda:

• Recommending approval of $2K plus FICA to be paid to those staff members not included in the Teachers and School Workers state bonus plan.

Items to be included in the May 10, 2022 finance committee meeting agenda:

• Discuss changing the day and time of the finance committee meetings
• Discuss RDIA committee

The Meeting was Adjourned

The meeting adjourned at approximately 1:30 pm