Northwood Academy Charter School

Minutes

Finance Committee Meeting

Updated Budget Assumptions

Date and Time

Tuesday March 10, 2020 at 5:30 PM

Location

Northwood Academy Charter School (4621 Castor Avenue)
 
 
A public meeting of the Finance Committee of the Board of Trustees of Northwood Academy Charter School that was properly advertised pursuant to the Pennsylvania Sunshine Act was held on March 10, 2020 at 4621 Castor Avenue.

Committee Members Present

J. Marshall, K. Spraga, T. Taylor

Committee Members Absent

None

Guests Present

A. Hollister, C. Carey (remote), J. Williams, K. Dugan

I. Opening Items

A.

Call the Meeting to Order

J. Marshall called a meeting of the Finance Committee of Northwood Academy Charter School to order on Tuesday Mar 10, 2020 at 5:40 PM.

B.

Record Attendance

II. Finance

A.

Updated Budget Assumptions

Salary scale ranges
Spot bonuses will be universal across the board- outside scale.
All new positions/items must have a CBA
All CBAs that do not have associated cost will be presented at the next meeting.
Part-time Cafeteria Supervisor to be changed to lead cafeteria aide.
Miscellaneous to be changed to contingency.
CBAs threshold amount at $1000.00.
CBA - In lieu of  conclusion check off boxes will exist eg. HR
Benefits- revenue or cost saving (systematic)?
Renumber all CBAs - audit trail
March 26 all updated CBAs due to Tom
Tom will send to committee March 27th

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 7:12 PM.

Respectfully Submitted,
J. Williams