Brighter Choice Charter Schools
Minutes
Finance Committee Meeting
Date and Time
Thursday July 18, 2019 at 9:00 AM
Location
250 Central Avenue, Albany, NY 12206
Committee Members Present
N. Maresca, S. Wallace, T. Hanmer, Z. Nelson
Committee Members Absent
A. Smith, M. Snyder, N. Velilla, R. McLaughlin
Guests Present
K. Ford, K. Mclean, L. Licygiewicz, S. Jahn, T. Stutsrim
I. Opening Items
A.
Record Attendance and Guests
B.
Call the Meeting to Order
N. Maresca called a meeting of the Finance Committee of Brighter Choice Charter Schools to order on Thursday Jul 18, 2019 at 8:53 AM.
C.
Approve Minutes from the June 6, 2019 Finance Committee Meeting
Z. Nelson made a motion to approve minutes from the Finance Committee Meeting on 06-06-19 Finance Committee Meeting on 06-06-19.
T. Hanmer seconded the motion.
The committee VOTED unanimously to approve the motion.
II. Finance
A.
YTD Financial Report
B.
403b provider
C.
Third Party Administrator (TPA)
Committee recommends that the Board vote on S. Jahn's recommendation to contract with Intac as its Third Party Administrator.
D.
Contract with Boost Education
N. Maresca will meet with S. Jahn and Paul A. of Boost Education to identify any overlaps in the work between the two in order to determine what work Boost Education will complete and what work will be accomplished by S. Jahn instead. Then, the contract will be re-negogiated, if necessary.
III. Closing Items
A.
Adjourn Meeting
T. Hanmer made a motion to adjourn the meeting.
Z. Nelson seconded the motion.
The committee VOTED unanimously to approve the motion.
There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 9:38 AM.
Respectfully Submitted,
Z. Nelson
This will be discussed at a later Finance Committee meeting.