Approve the agenda as submitted
By: Heather Wells Seconded by: Bridgett Bell
There was no notable discussion on the motion.
The Main Street Academy
Governing Board
Regular Meeting - Tuesday May 26th, 2020 @7:00 PM
Meeting Minutes
Attendance Summary
| Name | Status | Arrival Time | Departure Time |
|---|---|---|---|
| Farrah Brown | present secretary | On Time | At Adjournment |
| Jennifer Fine | present chair | On Time | At Adjournment |
| Chandra Graves | not present ex-officio | ||
| Rebecca Dearolph | not present member | ||
| Cheryl Parker | present ex-officio | On Time | At Adjournment |
| Bridgett Bell | present member | On Time | At Adjournment |
| Britton Bateman | present vice-chair | On Time | At Adjournment |
| Heather Wells | present member | On Time | At Adjournment |
| Dr. Kelly Johnson | present member | On Time | At Adjournment |
| Kristal Ramirez | not present member | ||
| Carla Wagner | not present member | ||
| Mitch Foster II | present member | On Time | At Adjournment |
| Satonja Gilbert Scott | not present member | ||
| Kristin Jackson | not present member | ||
| Willie G. Davis, Jr. | not present member | ||
| Kelly Brokenburr | present member | On Time | At Adjournment |
| Dr. Olamide Moore | present ex-officio | On Time | At Adjournment |
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.
Approval of Minutes from Mar 12, 2020
Approve the minutes as submitted
By: Heather Wells Seconded by: Mitch Foster II
There was no notable discussion on the motion.
Approval of Minutes from Mar 31, 2020
Approve the minutes as submitted
By: Heather Wells Seconded by: Mitch Foster II
There was no notable discussion on the motion.
Approval of Minutes from Apr 30, 2020
Approve the minutes as submitted
By: Bridgett Bell Seconded by: Heather Wells
There was no notable discussion on the motion.
Approval of Minutes from Apr 20, 2020
Approve the minutes as submitted
By: Mitch Foster II Seconded by: Jennifer Fine
There was no notable discussion on the motion.
Finance Committee Report
- PTO Financials: None were submitted to Finance.
- FY20 Financials:
- Executive Summary: Focus was the FY21 budget.
- Challenges: None.
- Recommendations: None.
- Financial Statements: Monthly budgeted income is $751k and our actual income is $657k. The main reason for being below budget is the ASP and SNP refunds as well as decrease in fundraising. Monthly budgted expense is $669k and our actual expenses are $578k. The main reason for being below budget is the decrease in curriculum, student activities and school nutrition program. Monthly budgeted net surplus is $81k and our actual surplus is $79k. Due to school facility closure, the reduction in monthly revenue corresponded with the expenses. YTD budgeted net surplus is $345k, and our actual surplus is $282k. Net surplus is below budget mainly due to $250K of capital outlay reserves in the YTD budget.
- Budget - FY21 budget was approved in April.
- Cash Flow - Cash bal. is $3.5M which is 193 days cash on hand. Based on our prior 12 months of expenses, we have 159 days cash on hand.
- Debt: NA
- System: NA
- Banking: NA
- Others: (Audit)
- FY21 Budget Updates
- Update on PPP loan application.
- Request to purchase a Chromebook bag for every device to ease transition to/from home not to exceed $15,000. (voting item)
- Request to purchase face masks with the TMSA logo for faculty and staff not to exceed $1,500. (voting item)
- Request from Principal Parker to remove "the box" area in the cafeteria and ancillary expenses not to exceed $10,000. (voting item)
- Basement RFP update
- Facilities grant and capital improvement updates
- Fundraiser/Sponsorship: Application for literacy grant will be submitted this month. The grant is up to $10,000. We're currently hosting a virtual race fundraiser.
Approve the request to remove "the box" area in the cafeteria and ancillary expenses not to exceed $10,000.
By: Jennifer Fine Seconded by: Bridgett Bell
There was no notable discussion on the motion.
Approve request to purchase face masks with the TMSA logo for teachers and staff not to exceed $1500.
By: Jennifer Fine Seconded by: Heather Wells
There was no notable discussion on the motion.
Approve request to purchase a Chromebook bag for every device to ease transition to/from home not to exceed $15,000.
By: Jennifer Fine Seconded by: Heather Wells
There was no notable discussion on the motion.
Faculty Report
This report comes from the staff elected faculty member to the board, Dr. Moore.
Academic & School Performance Committee Report
This report is submitted by the ASPC Chair.
- Discussion related to Master Schedule and FCS reopening mode.
Item #1 - Vote on the Master Schedule as presented from the previous meeting.
Item #2 - Vote to adopt Fulton County Schools reopening model for 2020-2021.
Approve the Master Schedule as presented by Principal Parker
By: Jennifer Fine Seconded by: Mitch Foster II
There was no notable discussion on the motion.
TMSA will mirror Fulton County Schools' yet to be adopted reopening model for 2020-2021.
By: Jennifer Fine Seconded by: Heather Wells
There was no notable discussion on the motion.
President’s Report
This report is made by the governing board President.
- Status of Charter renewal
- SY 2020-2021 Board leadership
Adjourn
Adjorn meeting at 8:14PM
By: Jennifer Fine Seconded by: Dr. Kelly Johnson
There was no notable discussion on the motion.
Communications Report
Not submitted.
Governance Committee Report
Governance did not meet; however, the focus is recruiting new board members.
Future Business
None
Welcome and Call to Order
The meeting was called to order at 7:03 p.m. by President Jennifer Fine.
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 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.
- There was no public comment.
Principal Report
Report attached provided by Principal Parker.
- Digital learning parent survey was reviewed. Only 74 responses received.
- Survey was distributed through the TMSA weekly newsletter. Boardmembers suggested keeping the survey link up, posting it to social media platforms and sending out in another email.