Approve the agenda as submitted
By: Mitch Foster II Seconded by: Bridgett Bell
There was no notable discussion on the motion.
The Main Street Academy
Finance Committee
Regular Meeting - Tuesday June 22nd, 2021 @6:00 PM
Meeting Minutes
Attendance Summary
| Name | Status | Arrival Time | Departure Time |
|---|---|---|---|
| Kimnese Abdul-Salaam | not present member | ||
| Bridgett Bell | present member | On Time | At Adjournment |
| Willie G. Davis, Jr. | present member | 15 Minutes Late | At Adjournment |
| Virginia Smith | present member | On Time | At Adjournment |
| Mitch Foster II | present chair | On Time | At Adjournment |
| Ishmael Abdul-Salam | present member | 45 Minutes Late | At Adjournment |
| Cheryl Parker | present member | On Time | At Adjournment |
| Laura Calloway | not present member | ||
| Brittany Dunn | not present member | ||
| Tequila Douglas | not present Non-voting Administration |
Public Meeting Details
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Welcome and Call to Order
Meeting was called to order at 6:02 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.
Approval of Minutes from May 18, 2021
The Finance Committee met on Tuesday May 18th, 2021 @6:00 PM for what was scheduled to be a 2 hours and 1 minutes long meeting. Present: 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. Approval of Minutes from April 20, 2021 6. PTO Financials 7. Financial Review 8. Facility Improvements 9. Fundraiser, Sponsorship, & Grant Updates 10. Future Business The committee considered 9 motions, of which 8 passed, and 0 failed: 1. Approve the agenda as submitted (passed) 2. Approve the minutes from the March 23, 2021 meeting as presented. (passed) 3. Approve the minutes from the April 20, 2021 meeting as presented. (passed) 4. Approve the IB Program for the initial and first years not to exceed $13,500. (tabled) 5. Approve the FY 2021-2022 budget as presented. (passed) 6. To approve the adjustment in health benefits plan (Cigna) at a 20.9% increase to be split between employer and employee. (passed) 7. To waive the book dues/fines to include late fees and book replacement fees that were incurred prior to FY21. (passed) 8. Approve the facility repairs for summer projects not to exceed $25,000. (passed) 9. Extend the current janitorial services vendor through June 30, 2021. (passed) The meeting adjourned at 7:04PM
Approve the minutes as presented.
By: Mitch Foster II Seconded by: Bridgett Bell
There was no notable discussion on the motion.
PTO Financials
Not presented.
Financial Review
- YTD Financials – Candy Yu
- Savings options - Candy Yu
- FY22 Budget Draft amendments – Revised budget from Fulton County
- Additional Cares Act II funding $483k
- Staff contracts & recruitment updates
- FC pay scale updates if any (possible voting item)
- Summer leadership Retreat July 14th - $4k – Mr. Abdul-Salaam presentation
- Health benefits update
- Employee personnel reimbursement policy review from governance committe update
- Run/Walk elimination to pursue other development options request of L. Simon
- Principal updates
- Employee referral bonus
To discontinue the run/walk fundraiser beginning FY22.
By: Bridgett Bell Seconded by: Mitch Foster II
There was no notable discussion on the motion.
Approve the amended FY22 budget as presented with an adjustment of $5,000 for tuition reimbursement.
By: Bridgett Bell Seconded by: Mitch Foster II
There was no notable discussion on the motion.
Facility Improvements
- Janitorial Services – new vendor July 1st (voting item)
- Highgrove landscape proposal – Mr. Abdul-Salaam
- Basement progress
- LED Project
- VOIP Project
- Facility Repairs – summer projects updates
To extend the current janitorial services through July 31, 2021.
By: Bridgett Bell Seconded by: Mitch Foster II
There was no notable discussion on the motion.
Approve the summer leadership retreat not to exceed $4,000.
By: Bridgett Bell Seconded by: Mitch Foster II
There was no notable discussion on the motion.
Approve the employee referral program not to exceed $2,000 or $200 per position pending Governance committee policy.
By: Bridgett Bell Seconded by: Mitch Foster II
There was no notable discussion on the motion.
Approve the funding of the tuition reimbursement policy as drafted by the Governance committee not to exceed $5,000 for FY22.
By: Bridgett Bell Seconded by: Mitch Foster II
There was no notable discussion on the motion.
Fundraiser, Sponsorship, & Grant Updates
- Facility Grant – LED Project (V. Smith)
- Feminine Grant $521 (Nurse & V. Smith)
- USDA – Milk Cooler Grant $3,509 (McCoy/Smith)
- COVID Relief Grant - $150k awarded (Parker)
- 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 7:43 pm
Motion to adjourn
By: Bridgett Bell
There was no notable discussion on the motion.