Elgin Math & Science Academy
Cash Flow Meeting
Date and Time
Tuesday August 18, 2020 at 8:00 AM CDT
Location
Virtual
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 | |
| A. | Review of Monthly Financial Statements | |
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For all meetings:
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| B. | Review and Approval of Financial Policies | |
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Ongoing review/changes of EMSA's Financial Policies and Procedures. Vote to approve changes, when applicable. |
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| C. | Strategic Plan / Master Plan / Debt | |
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Review changes to EMSA Strategic Plan and/or Master Plan; Review/discuss debt options to fund Master Plan and, if applicable, determine what courses of action will require Board approval upon which to be voted.
For 8/16/20 Meeting: 1. Update on EMSA Acquisition of Leased Property from the City of Elgin 2. Status of Master Plan Pre-construction Phase Project, if needed
3. IFF Loan No. 2 closed; supplier payments to be made in August 4. Trailer rental costs for FY2022 school year (F Bisconti)
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| D. | Development, Reserve Funds, New Grants | |
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1. Status update on Development Committee activities 2. Development Committee priorities (master plan Admin Bldg, operations, debt, etc.),
3. Reserve Funds for OPERATIONS and FACILITIES MAINTENANCE 4. New grant opportunities - Busing/transportation |
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| III. | Other Business | |
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Other business to be discussed, as needed
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| A. | Treasurer's Comments | |
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Opportunity for Treasurer to make summary comments on topics discussed or to provide strategic direction on future Finance Committee activities. |
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| IV. | Closing Items | |
| A. | Adjourn Meeting | |