Brighten Academy
Minutes
Finance Committee Meeting
Date and Time
Monday January 6, 2025 at 6:00 PM
Committee Members Present
D. Carter, K. Smith, R. Zackery
Committee Members Absent
None
Guests Present
C. Claiborne, J. Smith, K. Moses (remote)
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
R. Zackery called a meeting of the Finance Committee Committee of Brighten Academy to order on Monday Jan 6, 2025 at 6:10 PM.
C.
Approve Minutes
II. Finance Committee
A.
Bank Transition Update
B.
Fundraising Update
C.
November Financials
Candy - Presented Financials, provided budget amendment update, has account with synovous that will get closed by donna,
D.
AIP Update
Sale of property has been completed
E.
HVAC Update
Mr Len advised on building repairs:
- Roof in building 1 needs repairs- estimated cost of $200k
- Building 1 has 7 units - Aging from - 21 to 23 years old - strongly recommends a repair/replacement plan
F.
Security Grant Update
Mr Crawford present a quote from vendor for security/emergency call options for staff members phones as an app. Estimated cost $3700. Mr Crawford noted this option would allow for more allocation for use of the security grant.
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 7:16 PM.
Respectfully Submitted,
R. Zackery
No additional updates