Sankofa Montessori

Minutes

Finance Committee Meeting

Date and Time

Monday December 5, 2022 at 2:00 PM

Committee Members Present

G. Edward (remote), K. Karacalidis (remote), S. Harvey (remote)

Committee Members Absent

E. Moore

Guests Present

BoardOnTrack (remote), Cameron Quick of the FRC (remote), M. Duffy (remote)

I. Opening Items

A.

Record Attendance

B.

Call the Meeting to Order

K. Karacalidis called a meeting of the Finance Committee of Sankofa Montessori to order on Monday Dec 5, 2022 at 2:00 PM.

C.

Community Building

No discussion on this item

D.

Approve Minutes

No discussion on this item. Will approve meeting minutes at next Finance Meeting

II. Content

A.

Lead to Report out at Board Meeting

B.

BoardOnTrack Presentation

Brianna of Board on track walked attendees through Board on track. Brianna invited back to full Board meeting to explain to full Board how to record minutes. 

C.

Fund Development Plan

No discussion on this item

D.

Review Spending Tracker

No discussion on this item

E.

ED Retirement Contribution Discussion

No discussion on this item

F.

Arete Montessori Teacher Training Discussion

No discussion on this item

G.

Additional Roles Discussion for 23-24 SY

No discussion on this item

H.

Board Strategic Planning Dates Discussion

No discussion on this item

I.

Facilities (closed to the public due to active contract negotiations)

Cameron Quick of FRC came to the Board meeting to provide information regarding our LOI for our loan for purchase of our site. 

J.

Management Updates

No discussion on this item

K.

Next Steps

Board members to ensure they read all items not discussed during meeting and be prepared to discuss and vote as appropriate during full Board meeting on November 14th. 

III. 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 3:00 PM.

Respectfully Submitted,
K. Karacalidis
Documents used during the meeting
None