Final

Atlanta Neighborhood Charter School

Business & Operations Committee Meeting

Date and Time

Thursday September 10, 2020 at 8:30 AM EDT
In accordance with Georgia's open meetings requirements, notice of this meeting has been posted at both campuses and on the ANCS website.

Agenda

     
I. Opening Items
 
Opening Items
  A. Record Attendance and Guests
  B. Call the Meeting to Order
  C. Approve May 14, 2020 Meeting Minutes
   
II. Business & Operations Update
 
Business & Operations
  A. Health Insurance Annual Strategy
   
Will insurance administrator be able to attend?
  B. Financial Performance Update
   
  • Reorganization within the Business and Operations Department
  • Financial Overview
  • Paycheck Protection Program
  • FY 2020-2021 Budget and APS allocation
    • Changes due to pandemic
    • Does the budget need to be revised and reapproved?
  • Tenure Bonuses
    • To be paid at the end of September?
    • Board approval required in October meeting
  • MC mortgage refinance
  C. Annual Audit
   
  • When will draft be available?
  • Plan for Auditor to attend October B&O Committee meeting as well as Board meeting
  D. Review/revise the Annual Financial Resolution
   
  • Board will vote on Resolution at September meeting
  E. Financial Policy Review
   
  • Final changes to financial policies submitted to the Governance Committee on 8/25/2020
  • Reserve Fund Policy Draft 
    • Chuck prepared draft
    • Finalize
  F. Facilities and Grounds Update
   
  • Updates to facilities in response to pandemic
  • Intercom system
  • EC Roof
  • EC Tuck pointing
  • MC Backyard
  G. Annual Financial Calendar (Upcoming Items)
   
  • Chuck and Emily to meet with new Business Managers to confirm the calendar
III. Closing Items
  A. Adjourn Meeting