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Athlos Jefferson Parish

Minutes

AAJP Finance Meeting

Date and Time

Tuesday May 23, 2023 at 5:00 PM

Location

Athlos Academy of Jefferson Parish, 979 Behrman Hwy.
Terrytown, LA 70056 United States

Committee Members Present

H. Wier (remote), J. Turgeon (remote), N. Berg (remote)

Committee Members Absent

B. Bressler, C. Martin

Guests Present

C. Brooks (remote), N. Thomas (remote)

I. Opening Items

A.

Record Attendance

B.

Call the Meeting to Order

C.

Approve Minutes from March 2022

N. Berg made a motion to approve the minutes from APRIL (not March as noted in agenda) AAJP Finance Meeting on 04-25-23.
H. Wier seconded the motion.
The committee VOTED unanimously to approve the motion.

II. Discussion

A.

Current Financials

 

Chris shared monthly financials:

  • Cash has increased over the year
  • 200K plus in revenue
  • Grants coming as well
  • ESSR monies will be pushed to next year to help
  • Negative payments need to still be reconciled
  • 200k plus in federal revenue coming in next month
  • Will be in positive
  • Good!
  • Compared with prior year and the financial strength of this year
  • Reviewed budgeted vs actuals

 

Questions-

  • Harvey asked about payments of grants and how they are dispersed
  • Nick asked about ding from state a few months ago about grant activity. One report to state showed a negative balance, but Chris affirmed that by year end, there will be a positive balance.

 

III. Action Items

A.

Food Service RFP

Update on Food Service RFP by Ms. Thomas

  • Shared costs of vendors
  • Shared recommended vendor (second highest bid).  The lowest cost vendor was not local, and the review committee had some concerns.
  • New Vendor is: SLA
  • Nikisha will send info to the board for their review
  • Nick asked why the least expensive option was not chosen.  Nikisha shared that their food choices were better, organization, and overall experience.
  • The board will be presented this information and bid to be approved at the next board meeting.

 

IV. 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 5:21 PM.

Respectfully Submitted,
J. Turgeon