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.

Welcome and Call to Order

The meeting will be called to the order at 6:31 PM by Chair person Mr. Pardes Suliaman

Meeting Minutes Approval for September 15 & 21 and 29 Board Meetings

Approval of the previous months Board Meeting Minutes

Monthly Financial Reports

Attached please find the August 2022 Financials. 

Highlights

• Total Revenue is $238,958.00 - Reflected on the P&L
• Total Deficit $(97,750.78) - Reflected on the P&L
• Total Cash is $135,477.19 - Reflected on the BS (Operating Cash) 
• Total Long Term Liability $2,298,116.12 - Reflected on the B&S

$14,929.36 - From SLAM Foundation (Addition of $90,000 loan) 

                            $(1,534.24) – Teacher Retirement Payable 

                             $2,284,721.00 – ROU Liability per GASB 87

The Foundation has provided a loan of $400,000.

Public Comment

There were no public comments from the public at this meeting.

Superintendent's Update

Next Leader Advisor Program is October 24th. Ms. Womack passed out a growth plan that was put together from her Superintendent support coach.

School Leader Report

The school leader reports on the status of the school.

SLAM Foundation Update

Updates from the SLAM Foundation

Review of ESP and SLAM Foundation Contracts

The SLAM Foundation License agreement is a standard agreement. This contract is scheduled for 10 year.

Because we have so many new Board members I thought it was important to share this information with each person so that they will know exactly what we are contracted to do.

@Pardes Sulaiman suggest the change the contract to a year to year contract instead of a 5-year contract. @Charles Jones suggest that we have a spreadsheet that outlines who does what. @Pardes Sulaiman we already have that information. I will have Angelia send it out to all the Board members.

Danny Diaz if you look at the contract in letter C it says that you can terminate the agreement at any time. @Pardes Sulaiman I understand that

The fee is $650 per student but when you consider the services that are provided its worth the cost. Once enrollment increases you will have more of a need for the services.

Academica Update

The good news is that the play ground is finished. The Volley Ball nets will have to be dropped off the next time they come to Georgia.

They did the

ESP Survey Discussion

We will table this item until after this document has been shared to all the Board members. If you can review the questions and send in your feedback for any possible changes.

SLAM Contract Renewal Timeline and discussion

Announcements

Upcoming school or Board events

Meeting Adjourned

The Meeting was Adjourned

The meeting adjourned at approximately 7:34 pm