Alma del Mar
Board Meeting
Date and Time
Location
Virtual, on Zoom
Agenda
| Purpose | Presenter | Time | |||
|---|---|---|---|---|---|
| I. | Opening Items | 9:00 AM | |||
| A. | Record Attendance | 1 m | |||
| B. | Call the Meeting to Order | ||||
| C. | Approve Minutes | Approve Minutes | Becca Kurie | 1 m | |
| Approve minutes for Board Meeting on August 26, 2022 | |||||
| D. | Executive Director's Report | Taylor DeLoach | 5 m | ||
| E. | Board Dashboard | Discuss | Taylor DeLoach | 5 m | |
| II. | Academic Excellence | 9:12 AM | |||
| A. | Academic Report | FYI | Lucile Hicks | 5 m | |
| III. | Development | 9:17 AM | |||
| A. | Draft Development Calendar | FYI | Mel Bride | 3 m | |
| B. | Draft DevComm Goals | FYI | Mel Bride | 5 m | |
| IV. | Finance | 9:25 AM | |||
| A. | FY23 August Financials | FYI | Charles Holley | ||
|
Balance Sheet: $109 leftover from a few days of interest in the Construction Account. Will ask Boston Private to transfer the funds and close the account. QALICB is approaching Exit/Unwind in November 2022, legal teams have convened.
P&L: No changes to forecast. August was a "soft" close due to the accounting system conversion at the end of the month. Many of the August invoices will be reported in September. Fringe will be analyzed in October/November once all staff have been onboarded and enrolled. Ottiwell has two line items that are tracking high, Utilities and Maintenance. Working with Ops team to address expenses and will make adjustments in September. |
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| B. | FY22 Audit | FYI | Charles Holley | 5 m | |
|
FY22 Daft Audit report will be distributed to finance committee members for review by the end of this week. Auditors will be presenting the audit at the 10/21 Finance Committee meeting. |
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| V. | Governance | 9:30 AM | |||
| A. | Board Retreat Update | FYI | Gail Fortes | 5 m | |
| B. | Board Annual Assessment | FYI | Jan Baptist | 5 m | |
| C. | Board Member Recruitment | FYI | Gail Fortes | 5 m | |
| D. | Committee Goals | FYI | Jan Baptist | 5 m | |
| VI. | Other Business | ||||
| VII. | Closing Items | ||||
| A. | Adjourn Meeting | Vote | |||