Atlanta Neighborhood Charter School
Minutes
Finance and Operations Committee Meeting
Date and Time
Monday April 17, 2023 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
Ben Sutton (remote), Chuck Meadows (remote), Cory Tiede (remote), Irina Brimmell (remote), Markecia Jacbos, Oriol Mirosa (remote)
Committee Members Absent
Arnold Pierce, Jerry Hanes
Guests Present
Chiquetta West, LaNeisha Cobb (remote), Martha Kessenich, Monica Croom (remote), Paige Teusink
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
C.
Approve Minutes
II. 990 Review & Approval
A.
Vote to approve 990
III. Finance & Operations
A.
Financial Performance Update
B.
FY 23/24 Budget
Chuck Meadows presented an overview of the budgeting process, including historical analysis to show how the school's funding has changed over the past 5 years. The FY 24 Budget reflects a return towards pre-pandemic spending practices as COVID related expenses are rolled back.
C.
Buildings & Grounds Update
The committee discussed the ongoing review of security updates for the campuses and any potential budgetary impacts that might occur.
It was reported that the two armed security guards, hired as employees of the school, require an insurance rider that costs approximately $2,000 annually.
Chiquetta West presented the financial performance update for the period ending March 31, 2023.