DeKalb Brilliance Academy
Minutes
DeKalb Brilliance Academy Finance Committee Meeting
Date and Time
Thursday April 24, 2025 at 5:00 PM
Location
Committee Members Present
B. Howell (remote), C. Payton (remote), E. Parks, J. Akpan (remote), J. Alter, Q. Johnson (remote)
Committee Members Absent
None
I. Opening Items
A.
Call the Meeting to Order
Q. Johnson called a meeting of the Finance Committee of DeKalb Brilliance Academy to order on Thursday Apr 24, 2025 at 5:08 PM.
B.
Record Attendance
C.
Approve Minutes
B. Howell made a motion to approve the minutes from DeKalb Brilliance Academy Finance Committee Meeting on 03-27-25.
C. Payton seconded the motion.
The committee VOTED unanimously to approve the motion.
II. Finance
A.
March 2025 Financials (EdTech)
B.
First Public Board Hearing Recap
C.
FY26 Budget Update Review
Joseph A. - Questions on revenue going from negative to positive - grants not being renewed impacted revenue projections.
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 6:06 PM.
Respectfully Submitted,
Q. Johnson
MAY CASH ON HAND - $500,000 draw for furniture in new building may or may not impact cash on hand, depending on reimbursement timeline. Bring up to Board in May only if the timing shows that cash on hand goes down from current level (over 100 days).