Brighter Choice Charter Schools
Minutes
Finance Committee Meeting
Date and Time
Thursday September 12, 2019 at 9:00 AM
Location
250 Central Avenue, Albany, NY 12206
Note: A member of the BCCS Board of Trustees will be participating in the Finance Committee meeting on September 12, 2019 via videoconferencing from the following location: Fairmont Chicago Millennium Hotel, 200 N Columbus Dr, Chicago, IL 60601. This notice shall inform the public that videoconferencing will be used, identify the locations for the meeting, and inform the public has the right to attend the meeting at any of the locations.
Committee Members Present
M. Snyder, N. Maresca, N. Velilla, S. Wallace, T. Hanmer, Z. Nelson
Committee Members Absent
A. Smith, 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 Sep 12, 2019 at 9:13 AM.
C.
Approve Minutes from the July 18, 2019 Finance Committee Meeting
T. Hanmer made a motion to approve minutes from the Finance Committee Meeting on 07-18-19 Finance Committee Meeting on 07-18-19.
M. Snyder seconded the motion.
The committee VOTED unanimously to approve the motion.
II. Finance
A.
YTD Financial Report
Revenues and net earnings were higher that the budgeted amounts for SY 2018-19. S. Jahn explained this was do to conservative budgeting as well as staff openings (lower payroll expenses) and more students eating school lunches (higher revenue).
B.
Contract with Boost Education
Discussion regarding the tasks completed by S. Jahn in-house and the services offered by P. Augello. The meeting to discuss the contract is scheduled for next week.
Tabled at this time.
Tabled at this time.
III. Closing Items
A.
Future Agenda Items
* Boost Ed. contract
* Update on Audit Report
* Update on Audit Report
B.
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 9:44 AM.
Respectfully Submitted,
Z. Nelson