The Anchor School
Minutes
Finance Committee Meeting
Date and Time
Tuesday April 7, 2026 at 7:00 PM
Location
Virtual
Committee Members Present
A. Pressey (remote), J. Whittington (remote)
Committee Members Absent
B. Hines, S. Kollu
Guests Present
T. Winston (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 Apr 7, 2026 at 7:06 PM.
C.
Approve Minutes
A. Pressey made a motion to approve the minutes from Finance Committee Meeting on 03-17-26.
J. Whittington seconded the motion.
The committee VOTED to approve the motion.
II. Head of School Updates
A.
Enrollment Report
B.
Line of Credit
Will discuss in later committee meeting
C.
School Facilities Update
Will discuss in later committee meeting
D.
$2k Supplements in March 26 QBE Payments
Will discuss in later committee meeting
E.
Fiscal Policy Handbook
Will discuss in later committee meeting
F.
Peach Tax Credit Program
Will discuss in later committee meeting
III. Monthly Financial Review & Budget
A.
March Financial Updates & SCSC Dashboard
Will discuss in later committee meeting
B.
Review FTE Data Collection (GaDOE)
Will discuss in later committee meeting
C.
Review Student Class Data Classification (GaDOE)
Will discuss in later committee meeting
D.
Budget Development - Draft & Amended Draft
- Additional detail needed on personnel plan, considering the variance in enrollment
- Better understanding on why additional staff isn't needed for higher enrollment & vice versa?
- Knowing what expense items we can cut/reduce if there is reduction in enrollment
- As we getting closer to our finalizing budget, note how many we're currently at and determine what amount students we think we'll get to settle at number for the SCSC
IV. Other Business
A.
Strategic Planning
Will discuss in later committee meeting
B.
Succession Planning
Will discuss in later committee meeting
V. Closing Items
A.
Adjourn Meeting
There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 8:00 PM.
Respectfully Submitted,
J. Whittington
Will discuss in later committee meeting