The GLOBE Academy

Finance Committee Meeting

Date and Time

Tuesday August 20, 2024 at 12:00 PM EDT

Location

Join Zoom Meeting
https://us02web.zoom.us/j/84566839317?pwd=V8gCWiCpTqKq8fDB9weqdh3XKebpRz.1

Meeting ID: 845 6683 9317
Passcode: 245064

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 Purpose Presenter Time
I. Opening Items 12:00 PM
  A. Record Attendance   Adrienne McMillon 1 m
  B. Call the Meeting to Order   Adrienne McMillon 1 m
II. Monthly Financial Review 12:02 PM
  A. June 2024 Financial Review FYI Denise Clayton-Purvis 10 m
   
  • Budget to Actual 
  • Statement of Net Position 
  • Statement of Activities
 
III. FY 2024-25 Budget 12:12 PM
  A. FY 24-25 Budget Discuss Denise Clayton-Purvis 1 m
   
  • FY 24-25 Budget Updates 
    • Pending updated numbers from the County
 
  B. FY 23-24 Budget Discuss Denise Clayton-Purvis 10 m
   
  • FY 23-24 Budget Amendment - BOD to vote in August Board Meeting
 
IV. Debt Service 12:23 PM
  A. Discuss Debt Service Adrienne McMillon 1 m
   
  • Debt service continues according to schedule. 
  • Debt compliance requirements being managed in accordance with third party
 
V. Audit and 990 Update 12:24 PM
  A. Audit Update FYI Adrienne McMillon 1 m
   
  • FY 24 Audit Status 
 
VI. Fiscal Policies 12:25 PM
  A. Policies FYI Adrienne McMillon 9 m
   

Review draft Municipal Securities Post Issuance Disclosure Policy

  • Discuss any updates
  • Discuss timeline to present to BOD for approval
 
VII. Other Business
VIII. Closing Items 12:34 PM
  A. Adjourn Meeting Discuss Adrienne McMillon 1 m