Athlos Jefferson Parish
Minutes
Finance Committee Meeting
Date and Time
Wednesday May 1, 2024 at 5:00 PM
Location
Athlos Academy of Jefferson Parish (979 Behrman Hwy, Terrytown, LA 70056)
It is required that all board & committee members attend in person.
For non-board members:
Join Zoom Meeting
Meeting ID: 998 3991 5656
Committee Members Present
C. Martin, M. Caparotta
Committee Members Absent
None
Guests Present
Nakeveya Anthony, T. Tate, cbrooks@athlosacademies.org (remote)
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
T. Tate called a meeting of the Finance Committee Committee of Athlos Jefferson Parish to order on Wednesday May 1, 2024 at 5:06 PM.
C.
Approve Minutes
Motion to approve the minutes from Finance Committee Meeting on 04-16-24.
M. Caparotta seconded the motion.
The committee VOTED to approve the motion.
II. Finance Committee
A.
Review 3rd Quarter Financial Report
B.
24-25 Budget Updates
The committee discussed the next steps for budget approval.
He also shared updates since last meeting.
C.
Grant/Grant Writer
Ms. Anthony discussed some options for grant writing. She mentioned the option to hire a part-time grant contractor to help with the research and grant writing.
Additionally, look into building rental options and how to gain revenue of the school events.
III. 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 5:45 PM.
Respectfully Submitted,
M. Caparotta
Chris Brooks reviewed the 3rd Quarter Financials with the Committee. He highlighted the new format for quarterly reports.
The group discussed the grant vendor support and change in collections since they started.
The budget to actual was generally on track with the greatest negative difference in busing. There was an additional bus added a few weeks into school and the field trip and sports buses weren't initially included in the budget.
The committee discussed other options for investing such as LAMP (Louisiana Asset Management Pool). Kevin Cox would be the best initial contact to explore this option.