SLAM ATLANTA

Governing Board

Regular Meeting - Thursday May 7th, 2020 @6:30 PM

Meeting Agenda

Welcome and Call to Order 1 minutes

The meeting will be called to the order

Approval of Agenda 5 minutes

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.

Actions:

  1. Approve the agenda with the following changes: Add selection of 2020-2021 Auditor selection right after the Academica Financial update

Public Comment 10 minutes

Our Public Comment period is for members of the public to address the board. Each member of the public may sign up to comment at the meeting, and will be allotted two minutes. The board will listen, but may not directly respond to any comments. Our meetings are open to the public and a matter of public record. As such, if your comment is about a private matter, please contact the board via email, or speak to the board chair privately.

Approval of April 2, 2020 Board Meeting Minutes 5 minutes

Actions:

  1. Approve the April 2, 2020 Meeting Minutes

Attachments

School Leader Report 20 minutes

The school leader reports on the status of the school.


Attachments

Final Grade Calculations and Discussion 5 minutes

Actions:

  1. Approve the final grades for SLAM Academy of Atlanta as Pass/Fail for the 2019-2020 school year

Monthly Financial Reports 10 minutes

Balance Sheets 

P&L Statement




Attachments

2020_2021 Proposed School Budget 15 minutes


Attachments

Auditor Selection 5 minutes

Select the Auditor for the 2020 school year


Approved Auditor Program

Over the past decade, authorizers and researchers throughout the nation have identified the issue of inconsistent financial reporting within the charter sector as a barrier to operational success. Difficulties can arise in a variety of areas-from improper accounting to the hiring of unqualified auditors. SCSC staff and commissioners understand that identifying, selecting, and compensating the "right" auditor can be challenging for state charter schools operating as newly formed LEAs. As a result, the SCSC instituted its Approved Auditor Program, through which the SCSC vets and approves highly-qualified CPA firms that meet both state and national accounting standards and covers the cost of annual audits for state charter schools that utilize an SCSC-approved auditor. Selected firms have extensive charter school experience and will provide a level of service from which state charter school governing boards can benefit.

State charter schools are required to receive annual independent audits conducted by a certified professional accountant authorized to do business in Georgia each year. To facilitate timely, accurate, and high-quality audits, the SCSC approves auditors that state charter schools may select to conduct their required audit at the expense of the SCSC.

SCSC Announces Approved Auditor Program Selections for Fiscal Year 2020

The SCSC has selected three qualified CPA firms to participate in its Approved Auditor Program for Fiscal Year 2020. The firms along with links to each of their websites are listed below. 


These firms meet both state and national accounting standards required to conduct a charter school’s annual financial audit (for Fiscal Year 2020) for any and/or all SCSC schools.These firms have extensive charter school experience and will provide a level of service from which state charter school governing boards can benefit. 


Actions:

  1. Select the 2020-2021 School Auditor for SLAM Academy from within the SCSC list of approved companies: Bambo Sonaike, CPA LLC Mauldin & Jenkins, LLC C. Douglas Erwin =, Jr. =, LLC, Inc.

Approval of New and/or updated Policies and Procedures 5 minutes

Actions:

  1. Approve the New Fire Drill Policy

Attachments

Academica Update 15 minutes

Updates from the Education Service Provider

  • Facility Updates

Board Resolution Letter for PPP 5 minutes

Actions:

  1. Approve the Board Resolution for SLAM Academy of Atlanta, Inc. PPP

Attachments

Proposed 2020/2021 School Calendar 5 minutes

Actions:

  1. Approve the 2020/2021 School Calendar pending that there are not any budget implications.

Attachments

Amend the Agenda to move the 2020-2021 new Calendar vote 1 minutes

Actions:

  1. Move the 2020 - 2021 Calendar approval before the SLAM Foundation Update

SLAM Foundation Update 10 minutes

Updates from the SLAM Foundation

Proposed New Board Member Pool 15 minutes


Attachments