Atlanta Smart Academy
Minutes
Finance, Facility, Development, and Strategic Partnership Committee Committee Meeting
Date and Time
Monday September 9, 2024 at 5:30 PM
Committee Members Present
A. Kennedy, I. Lee, S. Fortson
Committee Members Absent
A. Tolliver, L. Harden, P. Meadows
Guests Present
R. Price, W. Newman-Johnson, alyssa.blitch@prestigeschoolsolutions.com
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
I. Lee called a meeting of the Finance, Facility, Development, and Strategic Partnership Committee Committee of Atlanta Smart Academy to order on Monday Sep 9, 2024 at 5:41 PM.
II. Task Force Updates
A.
Facility
B.
Development
No items noted.
C.
Strategic Partnership
No items noted.
III. Finance, Facility, Development, and Strategic Partnership Committee
A.
Review August Financials
- Prestige reviewed August preliminary financials with the committee.
- The committee noted the following regarding expenses:
- Mostly in line
- Items that stick out
- Extended care services
- Contract svcs-professional is high
- security personnel
- Supplies-Technology
- The committee noted the following regarding expenses:
- Prestige also mentioned that they will be preparing a weekly cash flow analysis moving forward.
B.
Review Monitoring Items
- The committee discussed the items needed to be submitted for monitoring and made sure that everything would be completed by the due date.
IV. Other Business
A.
Updates from School Leader
No updates noted.
B.
Updates from Prestige Accounting Team
None noted.
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 6:30 PM.
Respectfully Submitted,
I. Lee
No items noted.