The GLOBE Academy

Pre Board of Directors Finance Meeting

Date and Time

Wednesday April 20, 2022 at 8:30 AM EDT

Location

Luis Pacheco is inviting you to a scheduled Zoom meeting.

Topic: The GLOBE Academy Pre Board of Director Finance Meeting
Time: Apr 20, 2022 08:30 AM Eastern Time (US and Canada)

Join Zoom Meeting
https://zoom.us/j/95888049245?pwd=UDZ5Tk41MzNINmRNSGFXcG9xNFY5dz09

Meeting ID: 958 8804 9245
Passcode: JC2cc0

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 - Introduce ADRIENNE MCMILLON
  B. Call the Meeting to Order
II. FY 2022-2023 Budget
 
  • Define Timeline for Budget and Public Meetings
  • Besides the traditional Operational Budget (P&L) we would be working in adding a Capital Budget and potentially if needed a Debt Service & Covenants Budget
III. 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. 
IV. Other Business
  A. Lower Campus Capital Improvement - Update
  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? 
V. Closing Items
  A. Adjourn Meeting