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.
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:
- Public Meeting Details
- Welcome and Call to Order
- Approval of Agenda
- Approval of Minutes from February 16, 2021
- PTO Financials
- Financial Review
- Facility Improvements
- Fundraiser, Sponsorship, & Grant Updates
- Future Business
The committee considered 4 motions, of which 4 passed, and 0 failed:
- Approve the agenda as submitted (passed)
- Approve the minutes. (passed)
- Approve the FY21 marketing budget related to enrollment not to exceed $20,000. (passed)
- 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
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:
- Public Meeting Details
- Welcome and Call to Order
- Approval of Agenda
- Approval of Minutes from March 23, 2021
- PTO Financials
- Financial Review
- Facility Improvements
- Fundraiser, Sponsorship, & Grant Updates
- Future Business
The committee considered 5 motions, of which 4 passed, and 0 failed:
- Meeting was called to order at 6:09PM. (passed)
- Approve the agenda as submitted (passed)
- Approve the minutes as presented. (passed)
- Approve the IB Program for the initial and first years not to exceed $13,500. (tabled)
- 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
- YTD Financials – Candy Yu
- Savings options - Candy Yu
- Annual budget FY21-22 (Voting item)
- Staff contracts & recruitment updates
- FC pay scale updates and timing
- Health benefits increase & plan adjustment proposal (voting item)
- Book dues/fines waiver
- Employee personnel reimbursement policy review from governance committe update
- 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
- Janitorial Services RFP/Bid Selection
- Basement Update
- VOIP Project Update
- Interactive Boards Update
- LED Project Update
- Facility Repairs – summer projects $25k (voting item)
- 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
- Facility Grant – LED Project
- COVID Relief Grant - $150k awarded (Parker)
- Facility Grant – LED Project (V. Smith)
- Feminine Grant $521 (Nurse & V. Smith)
- USDA – Milk Cooler Grant $3,509 (McCoy)
- 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.