The Main Street Academy

Finance Committee

Regular Meeting - Tuesday May 18th, 2021 @6:00 PM

Meeting Minutes

Attendance Summary

Name Status Arrival Time Departure Time
Kimnese Abdul-Salaam present member On Time At Adjournment
Bridgett Bell present member On Time At Adjournment
Willie G. Davis, Jr. present member On Time At Adjournment
Virginia Smith present member On Time At Adjournment
Mitch Foster II present chair On Time At Adjournment
Ishmael Abdul-Salam present member On Time At Adjournment
Laura Calloway not present member
Brittany Dunn not present member
Tequila Douglas not present Non-voting Administration

Approval of Minutes from March 23, 2021

The Finance Committee met on Tuesday March 23rd, 2021 @6:00 PM for what was scheduled to be a 1 hours and 46 minutes long meeting. Present: Cheryl Parker, Kimnese Abdul-Salaam, Bridgett Bell, Willie G. Davis, Jr., Virginia Smith, Mitch Foster II Not Present: none The members considered the following items: 1. Public Meeting Details 2. Welcome and Call to Order 3. Approval of Agenda 4. Approval of Minutes from February 16, 2021 5. PTO Financials 6. Financial Review 7. Facility Improvements 8. Fundraiser, Sponsorship, & Grant Updates 9. Future Business The committee considered 4 motions, of which 4 passed, and 0 failed: 1. Approve the agenda as submitted (passed) 2. Approve the minutes. (passed) 3. Approve the FY21 marketing budget related to enrollment not to exceed $20,000. (passed) 4. Approve the extension of the FFCRA Sick Leave (American Rescue Plan Act of 2021) through 9/30/2021. (passed) The meeting adjourned at 7:35PM

Approve the minutes from the March 23, 2021 meeting as presented.

By: Mitch Foster II Seconded by: Virginia Smith

There was no notable discussion on the motion.

Approval of Minutes from April 20, 2021

The Finance Committee met on Tuesday April 20th, 2021 @6:00 PM for what was scheduled to be a 1 hours and 46 minutes long meeting. Present: Cheryl Parker, Kimnese Abdul-Salaam, Bridgett Bell, Willie G. Davis, Jr., Virginia Smith, Mitch Foster II, Ishmael Abdul-Salam Not Present: none The members considered the following items: 1. Public Meeting Details 2. Welcome and Call to Order 3. Approval of Agenda 4. Approval of Minutes from March 23, 2021 5. PTO Financials 6. Financial Review 7. Facility Improvements 8. Fundraiser, Sponsorship, & Grant Updates 9. Future Business The committee considered 5 motions, of which 4 passed, and 0 failed: 1. Meeting was called to order at 6:09PM. (passed) 2. Approve the agenda as submitted (passed) 3. Approve the minutes as presented. (passed) 4. Approve the IB Program for the initial and first years not to exceed $13,500. (tabled) 5. Approve the contract addendum for Construction Management and Administration Support not to exceed $73,000 (passed) The meeting adjourned at 7:24PM

Approve the minutes from the April 20, 2021 meeting as presented.

By: Mitch Foster II Seconded by: Kimnese Abdul-Salaam

There was no notable discussion on the motion.

PTO Financials

Not presented.

Financial Review

  1. YTD Financials – Candy Yu
  2. Savings options - Candy Yu
  3. Annual budget FY21-22 (Voting item)
  4. Staff contracts & recruitment updates
  5. FC pay scale updates and timing
  6. Health benefits increase & plan adjustment proposal (voting item)
  7. Book dues/fines waiver
  8. Employee personnel reimbursement policy review from governance committe update
  9. IB Program - Updates by Managing Principal

Approve the IB Program for the initial and first years not to exceed $13,500.

There was no notable discussion on the motion.

Approve the FY 2021-2022 budget as presented.

By: Bridgett Bell Seconded by: Mitch Foster II

There was no notable discussion on the motion.

To approve the adjustment in health benefits plan (Cigna) at a 20.9% increase to be split between employer and employee.

By: Bridgett Bell Seconded by: Mitch Foster II

The motion is tabled until we receive additional information from Fulton County regarding pay scale increases. 

To waive the book dues/fines to include late fees and book replacement fees that were incurred prior to FY21.

By: Bridgett Bell Seconded by: Mitch Foster II

There was no notable discussion on the motion.

Facility Improvements

  1. Janitorial Services RFP/Bid Selection
  2. Basement Update
  3. VOIP Project Update
  4. Interactive Boards Update
  5. LED Project Update
  6. Facility Repairs – summer projects $25k (voting item)
  7. Rental use requests – Football fields & summer camp


Approve the facility repairs for summer projects not to exceed $25,000.

By: Bridgett Bell Seconded by: Mitch Foster II

There was no notable discussion on the motion.

Extend the current janitorial services vendor through June 30, 2021.

By: Bridgett Bell Seconded by: Mitch Foster II

There was no notable discussion on the motion.

Fundraiser, Sponsorship, & Grant Updates

  1. Facility Grant – LED Project
  2. COVID Relief Grant - $150k awarded (Parker)
  3. Facility Grant – LED Project (V. Smith)
  4. Feminine Grant $521 (Nurse & V. Smith)
  5. USDA – Milk Cooler Grant $3,509 (McCoy)
  6. GA Shape Grant $6,000 (Monti & Parker)


Future Business

  • Resurface tennis courts, football/track field, baseball field, and courtyard (discuss artificial turf or pavers).
  • Activity vans for small groups.
  • Remodel the conference room and library.
  • Strategic plan update
  • Leader in Color – Principal’s request



The Meeting was Adjourned

The meeting adjourned at approximately 7:04 pm

Motion to adjourn

By: Bridgett Bell

There was no notable discussion on the motion.