The Main Street Academy

Finance Committee

Regular Meeting - Tuesday March 23rd, 2021 @6:00 PM

Meeting Agenda

Public Meeting Details 15 minutes

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Meeting ID: 915 012 8622

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    +312 626 6799 US (Chicago)

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Meeting ID: 915 012 8622

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Welcome and Call to Order 1 minutes

Approval of Agenda 5 minutes

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.


  1. Approve the agenda as submitted

Approval of Minutes from March 23, 2021 15 minutes

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

PTO Financials 5 minutes

Financial Review 30 minutes

  1. YTD Financials – Candy Yu
  2. Savings options - Candy Yu
  3. FY22 - Planning
  4. Contract Addendum No. 4: Task 8.0 Construction Management and Administration Support
  5. Establishment of the IB Program


  1. Approve the contract addendum or construction management and administration support not to exceed $75,000.
  2. Approve the establishment of the IB Program not to exceed $13,500 for the year of consideration and year 1.


Facility Improvements 10 minutes

  1. Janitorial Services Options
  2. VOIP Project Updates
  3. Interactive boards update

Fundraiser, Sponsorship, & Grant Updates 10 minutes

  1. Facility Grant – LED Project Update

Future Business 15 minutes

  • 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