Meeting Summary

The Finance Committee met on Tuesday June 22nd, 2021 @7:41 PM for what was scheduled to be a 1 hours and 46 minutes long meeting. Present: Kimnese Abdul-Salaam, Bridgett Bell, Willie G. Davis, Jr., Virginia Smith, Mitch Foster II, Cheryl Parker Not Present: Ishmael Abdul-Salam

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 May 18, 2021
5. PTO Financials
6. Financial Review
7. Facility Improvements
8. Fundraiser, Sponsorship, & Grant Updates
9. Future Business

The committee considered 8 motions, of which 8 passed, and 0 failed:

1. Approve the agenda as submitted (passed)
2. Approve the minutes as presented. (passed)
3. To extend the current janitorial services through July 31, 2021. (passed)
4. Approve the summer leadership retreat not to exceed $4,000. (passed)
5. Approve the employee referral program not to exceed $2,000 or $200 per position pending Governance committee policy. (passed)
6. Approve the funding of the turition reimbursement policy as drafted by the Governance committee not to exceed $5,000 for FY22. (passed)
7. To discontinue the run/walk fundraiser beginnging FY22. (passed)

8. Approve the amended FY22 budget as presented with an adjustment of $5,000 for tuition reimbursement. (passed)

   The meeting adjourned at 7:38PM