Final

The GLOBE Academy

Pre Board of Directors Finance Meeting

Date and Time

Friday February 18, 2022 at 9:00 AM EST

Location

Luis Pacheco is inviting you to a scheduled Zoom meeting.

Topic: My Meeting
Time: Feb 18, 2022 09:00 AM Eastern Time (US and Canada)

Join Zoom Meeting
https://zoom.us/j/91635633626?pwd=VkhWSnlpclhhQzFhYkVHSFlXbmlsdz09

Meeting ID: 916 3563 3626
Passcode: iAxeP5
 

Vision, Mission and Core Values
Vision: To develop globally minded citizens who have the knowledge, skills, and attitudes to effect positive change in our world.
Mission: The GLOBE Academy fosters Global Learning Opportunities through Balanced Education for children of all backgrounds. With a focus on dual-language immersion, an experiential-learning model, and a constructivist approach, GLOBE inspires students to be high- performing lifelong learners equipped to make a positive impact in the world.
Core Values: The GLOBE Academy’s core values are expressed in the acronym, CREST: Community, Respect, Empathy, Sustainability and Trust. These values are expected of the governing board, faculty, staff, parents, and students. They are woven into daily life at GLOBE and incorporated into the curriculum.
 Community: We are inclusive, and we nurture and support one another.
 Respect: We treat ourselves and each other with kindness and dignity.
 Empathy: We strive to understand and share the feelings of others.
 Sustainability: We aim to conserve our resources for optimal use in the present and future.
 Trust: We are committed to honesty, transparency, and respectfully sharing our thoughts and encouraging others to do the same.

Agenda

Section Number Topic Number Details
I. Opening Items
  A. Record Attendance
  B. Call the Meeting to Order
II. Finance
  A. FY2022 Financials
   
  • FYTD figures and relevant commentary (if any)
  B. Expenses that Need Board Approval
   
  • For this year, I would like to revisit the "Expenses that need board approval" policies and make changes when needed it. Also, while we work under the current policies any expense that needs board approval has to be accompanied with an explanation of the expense, the costs and the budget line it hits. 
III. Other Business
  A. Lower Campus Capital Improvement
   
The board along some members of the community (parent's public and private comments, teachers, and staff) have raised significant concerns with the lower campus facility regarding safety (i.e. mold) as well as wear and tear of some of the infrastructure (leaking pipes, air conditioning). We know that we are constraint with the "no ownership" of lower campus but at the moment we have to make a decision whether to invest in the current infrastructure so the day to day operation of the school can get up to standard. I believe facilities has a working plan with room to grow but we need to assess the potential financial outlay and how the school can afford/finance it, given that the board approves the plan and its financial impact
  B. Student Transportation funded by GLOBE
   
  • Feasibility and initial study before producing financial analysis.
    • Perhaps before commiting to logistic and operations we can set a transportation fund that would analyze the cases/
  • Hiring someone to do an analysis or do it in house? 
IV. Closing Items
  A. Adjourn Meeting