Meeting Summary

The Finance Committee met on Tuesday March 19th, 2019 @6:00 PM for what was scheduled to be a 1 hours and 26 minutes long meeting. Present: Erin Rodgers, Cheryl Parker, Jennifer Fine, Virginia Smith, Bridgett Bell Not Present: Kimnese Abdul-Salaam, Dr. DeAndre S. Pickett, Chandra Graves

The members considered the following items:

1. Welcome and Call to Order
2. Approval of Agenda
3. Acceptance of Minutes
4. PTO Financials
5. Other Items for Discussion
6. Financial Review
7. Fundraising, Sponsorship, & Grant Updates
8. Facility Improvements
9. Board Updates
10. Governing Board Luncheon for 1st 8th Grade

The committee considered 12 motions, of which 7 passed, and 0 failed:

1. Approve the agenda as submitted (passed)
2. Approve the Minutes of February 2019 meeting (passed)
3. Approve the request for consulting services not to exceed to $15,000 plus required travel expenses for re-charter petition and application. (passed)
4. Approve the request to increase the board's professional development and travel budget to $15,000 per fiscal year beginning FY20. (passed)
5. Approve request for contract to design TMSA's information packet not to exceed $750 for interviews, copywriting, and design plus the additional cost to print 500 inserts and packets. (tabled)
6. Approve the creation of a new full-time Communications position and to authorize staff and communications committee to finalize the job title, job description, and starting salary. (passed)
7. Approve the banking option with Regions Bank. (passed)
8. Approve an external grant writer. (tabled)
9. Approve the replacement of the treads on all stairwells not to exceed $25,000. (tabled)
10. Approve request for mobile scoreboard not to exceed $7,000. (tabled)
11. Approve funding to cover gaps between partitions and walls in all bathrooms not to exceed $. (tabled)

12. Approve the governing board luncheon for 8th grade graduating class not to exceed $15,000. (passed)

    The meeting adjourned at 9:15PM