Meeting Summary

The Finance Committee met on Tuesday July 20th, 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 June 22, 2021
5. PTO Financials
6. Financial Review
7. Facility Improvements
8. Fundraiser, Sponsorship, & Grant Updates
9. Finance committee update
10. Future Business

The committee considered 5 motions, of which 5 passed, and 0 failed:

1. Approve the agenda as submitted (passed)
2. Approve the minutes from the June 22, 2021 meeting. (passed)
3. Approve proposed ASP monthly rate adjustment across the board, remove the service fee from the before care and after care programs and continue the three fee waivers for late fees (not monthly fees). (passed)
4. Approve up to $15,000 for urgent grounds maintenance with the current vendor. (passed)

5. Elect Mitch Foster, II as chair of the finance committe. (passed)

   The meeting adjourned at 7:00PM