Academy of Collaborative Education

Minutes

Finance Committee Meeting

Date and Time

Wednesday March 12, 2025 at 2:00 PM

Pursuant to Louisiana Open Meetings Law - La. R.S. 42:19, notice is hereby given to the members of the Board of Directors of Academy of Collaborative Education and to the general public that the Board will hold a regular, special, or re-scheduled meeting, open to the public as specified below. To ensure compliance with the Open Meeting Law, recipients of this message should not forward it to other Board members, and Board members should not reply to this message.

Committee Members Present

Amy Marcus, Joellen Freeman, Latner McDonald (remote)

Committee Members Absent

Anna Grimmett, Mike Dunn

I. Opening Items

A.

Record Attendance

B.

Call the Meeting to Order

Latner McDonald called a meeting of the Finance Committee of Academy of Collaborative Education to order on Wednesday Mar 12, 2025 at 2:01 PM.

C.

Approve Minutes

Joellen Freeman made a motion to approve the minutes from Feb 12, 2025 Finance Committee Meeting on 02-12-25.
Amy Marcus seconded the motion.
The committee VOTED to approve the motion.

II. Finance

A.

2024/2025 Final Budget

Mike Dunn was absent, so we deferred this item to the April Finance Committee meeting.

B.

Loan / Grant Updates

The forgivable loan will be put into the budget and paid back as we have available funds to do so.

C.

CSP & ABA Payment

Discussion centered around the one-time contract with North Pointe ABA services for this 2024-2025 school year and the fact that we will submit to the CSP Grant for reimbursement for that contract.

 

 

D.

ABA Contract

Discussion centered around determining our total expenditure for the North Pointe ABA contract for this school year in order to look at comparisons and budget for the upcoming school year.

E.

LDOE Stipend

Joellen Freeman has sent another email to LDOE regarding the LDOE stipend for teachers. The email was sent to Beth on March 6th in hopes of receiving clarification on this issue. Joellen will bring in Kara Maggiore on the stipend question to see if she can reconcile it with LDOE.

F.

Budget Accountability

Mike Dunn was absent, so we deferred this item to the April Finance Committee meeting.

III. Other Business

A.

2025/2026 Budget Planning

Mike Dunn was absent, so we deferred this item to the April Finance Committee 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 2:33 PM.

Respectfully Submitted,
Latner McDonald
Documents used during the meeting
None