The Anchor School
Minutes
Finance Committee Meeting
Date and Time
Tuesday September 16, 2025 at 7:00 PM
Location
Virtual
Committee Members Present
A. Pressey (remote), J. Whittington (remote), N. LeBlanc (remote), S. Kollu (remote), V. Thompson (remote)
Committee Members Absent
T. Winston
Committee Members who arrived after the meeting opened
V. Thompson
Guests Present
Brittany Clay (remote), J. Pinto Taylor (remote)
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
A. Pressey called a meeting of the Finance Committee of The Anchor School to order on Tuesday Sep 16, 2025 at 7:08 PM.
C.
Approve Minutes
N. LeBlanc made a motion to approve the minutes from Finance Committee Meeting on 08-19-25.
S. Kollu seconded the motion.
The committee VOTED unanimously to approve the motion.
N. LeBlanc made a motion to approve the minutes from Finance Committee Meeting on 08-19-25.
S. Kollu seconded the motion.
The committee VOTED to approve the motion.
II. Monthly Financial Review & Budget
A.
August Financial Updates & Dashboards
V. Thompson arrived.
- Approved Budget/Forecast vs. Current Forecast
- Operating Net Income: Budgeted $290K, Current Forecast $163
- Decreased enrollment has reduced operating income by $290,354
- Monthly Cash Balance & Projections
- Ended August with $358K/24 DCOH
- Projected to end FY26 with $376K
- Future Cash Inflows: $165K NSVF in Sept, $100K CSGF in Jan, $550K CSP in Jan - Jun, $200K CSP
- SCSC Dashboard
- Updated CPF metrics at the end of June to shift they calculate our score
- Brittany will present a new scorecard once available
- Changes noted here: https://scsc.georgia.gov/school-accountability-renewal/scsc-comprehensive-performance-framework/cpf-updates
- Other Items
- Dr. Pinto-Taylor gave insight into variables in enrollment
B.
Audit Update
- Jamaal will get an update from Bernard and will update the board in the next board meeting
C.
Review DE046 Financial Analysis Report (Current Year)
- Brittany received the needed information from Bambo today so that documents can be submitted for the audit by Friday 9/19 at 5pm.
- Dr. Pinto-Taylor and team are gathering documents as well to submit.
- DE46 Initial FY26 Budgets due 10/17.
D.
Review Student Class Data Selection (GaDOE)
- Dr. Pinto-Taylor and team is closely monitoring this report student class report; it will be submitted in October.
E.
FY25 Financials Review
- Brittany gave this update in August.
III. Other Business
A.
Urgent:Confirm minutes for August FC meeting
Completed.
- This is confirmed and complete.
B.
Enrollment Report
- Dr. Pinto-Taylor confirmed that we are still enrolled in the Secure Deposit Program.
- 6th grade enrollment is lagging.
- 7th grade enrollment is exceeding expectations.
- 8th grade enrollment is meeting expectations.
V. Thompson made a motion to Amend agenda to discuss Cooper Carry Proposal.
J. Whittington seconded the motion.
The committee VOTED to approve the motion.
Design Vendor Discussion
- Received updated proposal from Cooper Carry, contract under review.
- Cooper Carry budget was driven down by ~$27k from contract negotiations.
- Dr. Pinto Taylor will send updated proposal to Finance committee for review.
- Finance committee should review by EOW so that project can begin.
- Dr. Pinto-Taylor will determine if we can start things earlier before we finalize the contract.
IV. Closing Items
A.
Adjourn Meeting
A. Pressey made a motion to Adjourn meeting.
V. Thompson seconded the motion.
The committee VOTED to approve the motion.
There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 8:08 PM.
Respectfully Submitted,
A. Pressey
Documents used during the meeting
None