Springfield Prep
Finance Committee Meeting
Published on October 26, 2015 at 2:49 PM EDT
Amended on October 26, 2015 at 2:49 PM EDT
Date and Time
Monday November 2, 2015 at 2:00 PM EST
Location
370 Pine St.
This meeting of the Springfield Prep Charter School Finance Committee will be held at 370 Pine St. on 11/2 at 2 pm. Meeting notice was posted on the school's website (www.springfieldprep.org) on Monday, 10/26 at 2:48 pm.
Agenda
| I. | Opening Items | |
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Opening Items
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| A. | Record Attendance and Guests | |
| B. | Call the Meeting to Order | |
| C. | Approve Minutes | |
| II. | Finance | |
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Finance
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| A. | September Financials | |
| B. | Facilities Budget Model | |
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Attached is a draft financial model (see Operating Budget and Budget Summary) that we have prepared along with Charter School Support Solutions as part of the due diligence package for Turner-Agassi. It contemplates a slighly accelerated enrollment growth plan than the one we lay out in our charter in order to provide the revenue needed to support a permanent school building (it calls for adding a 4th grade class in FY18). The enrollment growth plan is outlined in the Enrollment Planning document (also attached). The committee should discuss the pros and cons of this model for review with Charter School Support Services, Turner-Agassi, and potential funders.
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| III. | Other Business | |
| A. | Board Financial Training | |
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Tricia's proposal for board training is attached. The committee should come prepared to suggested changes and discuss how to implement the training with the full board. |
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| B. | Approvals | |
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Expenditures over $5,000 to be approved and co-signed by Treasurer, R.. Olejarz, per Fiscal Policies & Procedures.
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| IV. | Closing Items | |
| A. | Adjourn Meeting | |