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Voices for International Business and Education

Governance Committee Meeting

VIBE Governance Committee Meeting

Date and Time

Tuesday August 3, 2021 at 6:30 PM CDT

Location

International High School of New Orleans
Community Room
727 Carondelet Street
New Orleans, LA 70130
Voices for International Business and Education http://public.boardontrack.com/VIBE_1

Agenda

      Purpose Presenter Time
I. Opening Items 6:30 PM
  A. Record Attendance   Jennifer Lampton 1 m
  B. Call the Meeting to Order   Jennifer Lampton 1 m
   

 

  
  C. Approve Minutes from the June 3, 2021, Governance Committee Meeting Approve Minutes Jennifer Lampton 2 m
     
II. Policy Considerations 6:34 PM
  A. Charter School Fiscal Responsibilities FYI Sean Wilson 5 m
   
Charter schools are required to secure funds to the extent possible. The organization can utilize several tools available to secure excess funds:
  1. Collateralization
  2. Certificates of deposits laddering
  3. deposits in the Louisiana Asset Management Pool (LAMP)
  4. Deposits in Certificates of Deposit Account Registry Service (CDARS)
  5. Deposits in an Insured Cash Sweep Services; and 
  6. Deposits in multiple banking institutions.
The Fiscal Management Policy must be created and adopted by December 31, 2021.
 
III. 2021-2022 Governance Committee 6:39 PM
  A. 2021-2022 Committee Meeting Calendar Discuss Jennifer Lampton 10 m
  B. 2021-2022 Committee Goals/Objectives Discuss Jennifer Lampton 30 m
   
1.  Board Recruitment
2.  Strategic Plan
3.  Succession Plan
4.  Review/Update Board Documents
5.  Board Education re: board protocol, Robert's Rules of Order, etc.
 
 
IV. Closing Items 7:19 PM
  A. 2021-2021 Annual Board Retreat Activities FYI Jennifer Gordon Lampton 2 m
   
1. Social Meet and Greet - Friday, August 13, 2021 at Andrea's Restaurant, 3100 19th St. Metairie, LA 70002 (6:30 P.M.). 
2.  Board Retreat - Saturday, August 14, 2021 at IHSNO (8:30 A.M. - 4:00 P.M.)
 
  B. Adjourn Meeting Vote Jennifer Lampton 1 m