• Committee chair Ivan L asked Prestige about the status of the audit. Prestige gave the following updates:
  • They have uploaded all the documents that have been requested. 
  • The board will provide any outstanding board documents for the audit. 
• The committee also noted that there would be 2 budget hearings in October to approve the budget amendments. 

• The team reviewed the current budget status, noting that revenue was at 84% of the budgeted amount, primarily due to delays in federal reimbursements, while expenses were under budget overall at 85% of the budgeted amount. Committee chair Ivan raised concerns about the timing of updating the budget to reflect enrollment changes. The team discussed the need for two budget hearings in October to approve an updated budget before the end of the month, with Board vice chair Wanda noting that the legal process requires 3-4 weeks for public posting.

• The committee explored potential grant opportunities, with ED Meadows providing access to a grant folder containing necessary documentation and information. 
• The committee agreed to form a tiger team to pursue larger grants, with committee member Leonora taking the lead and receiving support from Board Vice Chair Wanda and others. They reviewed website updates for fundraising efforts, including sponsorship levels, and decided to use Mailchimp for email marketing with a combination of general updates and donation-focused messages. Wanda offered to reach out to Georgia Tech for potential partnerships, and the committee confirmed the Zeffy donation link as the preferred platform for fundraising.

No other updates were noted.

• ED Meadows reported receiving a grant for the playground and SCSC giveback funds.