State Charter Schools Foundation of Georgia
SCSF Monthly Executive Committee Meeting
Date and Time
Location
virtual
Agenda
| Purpose | Presenter | Time | |||
|---|---|---|---|---|---|
| I. | Opening Items | 12:00 PM | |||
| A. | Record Attendance | Fadzai Konteh | 1 m | ||
| B. | Call the Meeting to Order | Adria Welcher | |||
| C. | Approve Minutes | Approve Minutes | Adria Welcher | 1 m | |
|
Approve minutes from August 2022 Executive Committee Meeting. |
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| II. | Financial Report | 12:02 PM | |||
| A. | Presentation of September 2022 Financial Reports | FYI | Joanne Louis | 5 m | |
| B. | Financial Outlook | Discuss | Joanne Louis | 5 m | |
|
Advance payments for the GEER II grant have been received, giving us a cash balance of about $1.2 million, positioning us to make grant awards and pay contracts. The first new school leader stipends have been issued to participants as grants to their schools.
We are awaiting guidance on budget revisions for the Charter Schools Program (CSP) grant, which is an award of $38,295,000 over five years. Information on requesting and drawing down funds is forthcoming.
Two grant proposals have been submitted for state charter school program activities. More general funds are needed. |
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| III. | Governance | 12:12 PM | |||
| A. | Update on Foundation Contract with SCSC | Discuss | Michele Neely & Adria Welcher | 15 m | |
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The contract has been signed with the SCSC, and we are awaiting the first payment. As a part of the process of contracting with a state agency, the SCSF has acquired General Liability Insurance, an E-Verify account, and a private registered agent (Harbor Compliance).
Due to issues with mail service in the building, we are planning on acquiring a PO box for all mail. |
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| B. | Discuss Strategic Planning | Discuss | Adria Welcher | 5 m | |
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The committee will discuss next steps regarding stakeholder feedback process. |
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| C. | Commissioner Appointee | Discuss | Adria Welcher | 5 m | |
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A new commissioner will be appointed to serve on the SCSF board and Executive Committee. |
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| IV. | Programs & Initiatives | 12:37 PM | |||
| A. | Georgia Strategic Charter School Growth Initiative | Discuss | Michele Neely | 10 m | |
|
SCSF has been awarded a $38,295,000 CSP grant.
We will discuss the current state of the initiative, including administrative tasks, partnerships, and timelines.
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| B. | Other Programs and Initiatives | Discuss | Michele Neely | 5 m | |
| V. | Closing Items | 12:52 PM | |||
| A. | Adjourn Meeting | FYI | Adria Welcher | ||