SLAM ATLANTA

Governing Board

Regular Meeting - Wednesday May 19th, 2021 @6:30 PM

Meeting Minutes

Attendance Summary

Name Status Arrival Time Departure Time
Karen Womack present chair 5 Minutes Late At Adjournment
Altrenesha Ervin not present secretary
Pardes Sulaiman present Treasurer On Time At Adjournment
Henry Burkes present member On Time At Adjournment

Welcome and Call to Order

The meeting will be called to the order by the Board Chair at 6:37 pm

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

By: Pardes Sulaiman Seconded by: Henry Burkes

There was no notable discussion on the motion.

Public Comment

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.

April Meeting Minutes Approval

Approval of the previous months Board Meeting Minutes

Superintendent's Update

The Superintendent provide's updates on the status of the School District

School Leader Report

The school leader reports on the status of the school.

FY22 Proposed Budget

Alina Chester will go over the FY 22 proposed budget that will be submitted for 2 public Budget Hearing Meetings

SLAM Foundation Update

Updates from the SLAM Foundation

Academica Update

Facility Update

FY20 Auditor

Approve the auditor for the FY20 Year End

By: Henry Burkes Seconded by: Altrenesha Ervin

There was no notable discussion on the motion.

Announcements

Upcoming school or Board events

Monthly Financial Reports

Highlights

  • Total Revenue is $1,007,924.16 - Reflected on the P&L
  • Total Surplus $61,537.40 - Reflected on the P&L
  • Total Cash is $322,764.81 - Reflected on the BS (Operating Cash) 
  • Total Long Term Liability $486,460.33 - Reflected on the B&S

$171,262.57 - From Building Hope  

$174,929.36 - From SLAM Foundation (Reclassified from RC Grant to Loan at year end) 

                            $3,516.40 – Teacher Retirement Payable 

                            $15,552 – Pension

                            $121,200 – PPP Loan



The Meeting was Adjourned

The meeting adjourned at approximately 7:41 pm

Motion to adjourn

By: Pardes Sulaiman Seconded by: Henry Burkes

There was no notable discussion on the motion.