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The Anchor School

Minutes

Finance Committee Meeting

Date and Time

Tuesday September 15, 2026 at 7:00 PM

Location

https://meet.google.com/izf-kfvs-wbn

Committee Members Present

A. Pressey, B. Hines, S. Kollu, T. Winston

Committee Members Absent

None

I. Opening Items

A.

Record Attendance

B.

Call the Meeting to Order

T. Winston called a meeting of the Finance Committee of The Anchor School to order on Tuesday Sep 15, 2026 at 7:15 PM.

C.

Approve Minutes

T. Winston made a motion to approve the minutes from Finance Committee Meeting on 08-18-26.
A. Pressey seconded the motion.
The committee VOTED to approve the motion.

II. Monthly Financial Review & Budget

A.

FY26 Financials Review

Brittany (edtec) will provide a couple of slides on where we landed last year unaudited until audit is finished

B.

August Financial Updates & Dashboards

Brittany (edtec) walked through early financials. 

$400k in additional revenue

Increase in personnel costs and benefits

Will need to keep a close eye on days cash on hand

Presented a plan for repayment of line of credit (was included in budget for last year)

C.

Audit Update

Audit is on track

D.

Review DE046 Financial Analysis Report (Current Year)

DE046 on track to be submitted by 9/23/26

E.

Review Student Class Data Selection (GaDOE)

Student Class Data Selection will be final October and reflected in November financials

Revenue may fluctuate based on final numbers

III. Other Business

A.

Enrollment Report

Enrollment is currently at 306

Team will start reviewing budget for places to cut back as we approach final numbers

B.

Compensation & Benefits Discussion

DR PT provided some benchmark data from EdFuel to anchor discussion. Board to also explore a consultant to assist with salary adjust (add as an item for discussion)

Dr PT is also having a firm come speak at the November meeting to discuss alternative compensation such as housing

 

C.

Updates - Previous Meeting

Line of Credit Repayment Plan - update provided above, seek board approval of plan

Peach Tax Credit Enrollment - school is enrolled, encourage board to spread the word

Surety Bond Status - confirmed

Secure Deposit Program Status - confirmed

Teacher Pathways Financial Review - take to the board for discussion then vote - recommend one teacher. Award would be skipping a few steps in salary progression and bonus for staying with the school. Teacher can only be awarded once

IV. 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 8:12 PM.

Respectfully Submitted,
T. Winston

The Anchor School is a village of educators, families, and community members that partners with 6th through 12th-grade students* who are developing the knowledge, skills, and confidence they need to thrive in school and beyond. Through our commitment to excellent instruction, community partnerships, and holistic student development, we cultivate anchors that build a more just and equitable future.

 

*In August 2022, the SCSC authorized TAS as a GA Charter School with approval to enroll students who will be in the 6th grade in the fall of 2023.