Elgin Math & Science Academy
Cash Flow Meeting
Date and Time
Tuesday September 22, 2020 at 8:00 AM CDT
Location
Remote
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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Agenda items for 9/22/20 meeting:
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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 9/8/20 Meeting: 1. Update on EMSA Acquisition of Leased Property from the City of Elgin 2. Finance Committee Begins Process of Master Plan Continuation (property transfer, debt options, "battle plan" to go forward)
3. Trailer rental costs for FY2022 school year; summary of quotes
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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 (Gym, Admin Bldg, operations, debt, etc.) to be determined
3. New Money Market Reserve Fund Set Up for Master Planning Future Costs 4. Results of research on bus transportation reimbursement options for EMSA |
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| III. | Other Business | |
| 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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| B. | ISBE Charter School Management | |
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Open discussion about ISBE's assumption of Charter Commission's duties/reporting, etc., if applicable
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| IV. | Closing Items | |
| A. | Adjourn Meeting | |