Finance and Operations Committee Meeting Minutes

October 20, 2025, 12:00-1:00 PM

Atlanta Neighborhood Charter School

Minutes

Finance and Operations Committee Meeting

Date and Time

Monday October 20, 2025 at 12:00 PM

In accordance with Georgia's open meetings requirements, notice of this meeting has been posted at both campuses and on the ANCS website.

Committee Members Present

Chiquetta West, Drew Waddell (remote), Evan Saadat (remote), Jonna Martin (remote), Nicole King (remote), Noah Young (remote)

Committee Members Absent

Morgan Tannenbaum

Guests Present

Alastair Pullen

I. Opening Items

A. Record Attendance and Guests

B. Call the Meeting to Order

Jonna Martin called a meeting of the Finance & Operations Committee of Atlanta Neighborhood Charter School to order on Monday Oct 20, 2025 at 12:01 PM.

C. Approve Previous Month's Committee Meeting Minutes

Drew Waddell made a motion to approve the minutes from Finance and Operations Committee Meeting on 09-08-25.

Evan Saadat seconded the motion.

The committee VOTED to approve the motion.

II. Business & Operations Update

A. Financial Performance Update

Chiquetta West provided updates on September financials and elaborated on APS Allocation funding.

B. Aftercare and Nutrition Delinquency Report

Chiquetta West discussed delinquencies for YTD.

C. Facilities and Grounds

Alastair Pullen shared that there are no major updates, but starting focus groups for MC updates.

III. Compensation

A. Potential Retirement Match

Alastair Pullen provided reminder on prior fiscal year's retirement plan changes. Chiquetta West shared researched options that are being considered for match programs for future periods.

B. Tenure Bonus Program

Alastair Pullen provided recap from governance board meeting on current tenure bonus program and Chiquetta West provided a plan forecast for a 5-year period.

IV. Audit Review

A. Review audit findings

Chiquetta West provided update on audit process and highlighted the result was a clean audit.

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 12:46 PM.

Respectfully Submitted,

Jonna Martin