Redesign Schools Louisiana
Minutes
Redesign Schools Louisiana Finance Committee Meeting
Date and Time
Thursday November 19, 2020 at 5:00 PM
Location
VIA ZOOM
Committee Members Present
A. McGaha (remote), G. Pope (remote), J. Miller (remote), M. Mullen (remote), N. Gillam (remote), P. Baldwin (remote), R. Orso (remote)
Committee Members Absent
None
Guests Present
A. Beck (remote), Ashley Eason (remote), C. Knotts (remote), Ivionne Divinity (remote), Kathryn Rice (remote), T. Rivera (remote)
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
A. McGaha called a meeting of the Finance Committee of Redesign Schools Louisiana to order on Thursday Nov 19, 2020 at 5:03 PM.
II. Finance
A.
Proposed amended budget review, discussion and vote on recommendation to board
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 5:45 PM.
Respectfully Submitted,
T. Rivera
Documents used during the meeting
- Detailed 2020-2021 Budget with updates 11.16.2020.pdf
P. Baldwin inquired as to the difference between restricted and unrestricted funds and I.Divinity proceeded to explain.
At this time, A.McGaha advised that the budget cannot be approved for Dalton with a deficit that is that high.
A.Beck proceeded to present the Board with a shared document via zoom that provided the Board with a proposal to reduce the management fee from 10% to 6% for Dalton only.
The finance committee at this time is making a recommendation to ask the full board based on the recommendation of the finance committee.