Atlanta Smart Academy
Minutes
Finance, Facility, Development, and Strategic Partnership Committee Committee Meeting
Date and Time
Monday February 10, 2025 at 5:30 PM
Committee Members Present
A. Bruce, A. Kennedy, I. Lee, P. Meadows
Committee Members Absent
A. Tolliver
Guests Present
R. Price, W. Newman-Johnson
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 Feb 10, 2025 at 5:45 PM.
C.
Approve meeting minutes
A. Bruce made a motion to approve the minutes from Finance, Facility, Development, and Strategic Partnership Committee Committee Meeting on 01-13-25.
A. Kennedy seconded the motion.
The committee VOTED unanimously to approve the motion.
D.
Review Finance Calendar/Upcoming Deadlines
- Committee chair Ivan Lee mentioned that he would follow up with Prestige to begin discussing the F25-26 budget.
II. Task Force Updates
A.
Development
- Committee member Antoinette mentioned the partnership with Georgia's own credit union. She will take the lead with working with them to push forward the financial literacy classes/workshops.
III. Finance, Facility, Development, and Strategic Partnership Committee
A.
Review January Financials
- The committee reviewed December financials and the responses from Prestige regarding financials benchmark and expense line items in the P&L.
- Committee chair Ivan Lee will follow up with Prestige to get clarification on any items that do not make sense or that the committee finds concerning.
B.
Review Monitoring Results
- The committee reviewed the 2023-2024 CPF results and noted that a there were a few items we did not receive credit for.
- Committee chair Ivan Lee will follow up with SCSC for clarity.
IV. Other Business
A.
Updates from School Leader
- ED Meadows noted that the Prestige team has changed and Alyssa will no longer be our point of contact. Bil and Brittany will now be our contacts moving forward.
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 6:52 PM.
Respectfully Submitted,
I. Lee