Final

Wesley International Academy

Finance Committee Meeting

Date and Time

Wednesday March 17, 2021 at 8:00 AM EDT
The January Finance Committee meeting will take place on Wednesday January 13, 2021 at 8:00am via Zoom.

Wesley Academy is inviting you to a scheduled Zoom meeting.
Topic: Finance Committee
Time: This is a recurring meeting Meet anytime
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Meeting ID: 897 3802  2759
Passcode: finance
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Meeting ID: 897 3802  2759
Passcode: 425444

Agenda

     
I. Opening Items
 
Opening Items
  A. Record Attendance and Guests
  B. Call the Meeting to Order
  C. Adopt Meeting Agenda
  D. Approve January 2021 Meeting Minutes
   
  E. Update on PPP Loan
  F. Review January 2021 Financial Report
  G. 2022 Budget Development Highlights and Status
   
  1. Discuss significance of State  AFY2021 Budget (restore a portion of austerity/budget cuts).  Impact unknown?
  2. One-time funding from State for $1,000 bonus for teachers and others (details are vague)
  3. 1st meeting w/APS CFO on FY2022 revenue forecast (5.5% local, but local fare share will likely offset).  State funding unknown...Current WIA Revenue projection will remain flat YOY 
  4. CARE2 Funding allocation (based on Title 1 profile from 2020) for spending through 2023.  WIA allocated $1.2M.  Budget currently under review by APS.
  5. American Rescue Plan...Funding expected for Charters.  Allocation unknown at this time.
II. Closing Items
  A. Adjourn Meeting