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Alma del Mar

Board Meeting

Virtual, On Zoom
Published on September 21, 2022 at 9:21 AM EDT
Amended on September 21, 2022 at 9:42 AM EDT

Date and Time

Friday September 23, 2022 at 9:00 AM EDT

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.

  
  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.

  
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