Pataula Charter Academy, Inc (Serving Pataula Charter Academy and Spring Creek Charter Academy)
Minutes
May Finance Meeting
Date and Time
Monday May 20, 2024 at 5:00 PM
Location
Spring Creek Conference Room
Committee Members Present
C. Weathersby, G. Flowers, H. Worsley, K. Holley
Committee Members Absent
C. Boyd, J. Earp, R. Collins
Guests Present
L. Adkinson
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
C. Weathersby called a meeting of the Finance Committee of Pataula Charter Academy, Inc (Serving Pataula Charter Academy and Spring Creek Charter Academy) to order on Monday May 20, 2024 at 5:05 PM.
C.
Approve Minutes
H. Worsley made a motion to approve the minutes from April Finance Meeting on 04-22-24.
G. Flowers seconded the motion.
The committee VOTED unanimously to approve the motion.
D.
Approve Agenda
G. Flowers made a motion to Approve the Agenda as presented.
H. Worsley seconded the motion.
The committee VOTED unanimously to approve the motion.
II. Finance
A.
Pataula - SRO Vehicle Purchase
G. Flowers made a motion to Approve the purchase of a 2015 Ford Explorer from Toyota of Montgomery for the purchase price of $22,889.50.
H. Worsley seconded the motion.
The committee VOTED unanimously to approve the motion.
B.
Staff Retention Bonuses - FY 24
Kylie and School admin are requesting approval for a 5% Staff Retention Bonus for all staff members returning for the 2024-2025 school year. The Budget for each school will remain in surplus status after this disbursement.
G. Flowers made a motion to Approve a 5% Staff Retention Bonus for all staff members returning to each school for the 2024-2025 school year.
C. Weathersby seconded the motion.
The committee VOTED unanimously to approve the motion.
C.
Pataula - Monthly Financial Reports
The Committee reviewed financial reports for PCA through March 2024. PCA is on track to meet on Financial CPF.
D.
SCCA - Monthly Financial Reports
The Committee reviewed financial reports for SCCA through March 2024. SCCA is on track to meet on Financial CPF.
III. Closing Items
A.
Adjourn Meeting
H. Worsley made a motion to Adjourn the meeting at 5:32.
G. Flowers seconded the motion.
The committee VOTED unanimously to approve the motion.
There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 5:32 PM.
Respectfully Submitted,
C. Weathersby
Cheryl is requesting permission to purchase a 2015 Ford Explorer from Toyota of Montgomery for the school resource officer for $22,889.50 - this will replace the vote in March.