Nuasin Next Generation Charter School
Minutes
Finance Committee Meeting
Date and Time
Thursday December 9, 2021 at 4:05 PM
Location
Join Zoom Meeting
https://metlcs.zoom.us/j/99333770398?pwd=MGgrcVE1L2RKSjdKT2syazVabjJRUT09
Meeting ID: 993 3377 0398
Passcode: 779998
https://metlcs.zoom.us/j/99333770398?pwd=MGgrcVE1L2RKSjdKT2syazVabjJRUT09
Meeting ID: 993 3377 0398
Passcode: 779998
Mission
We prepare our students for college through a rigorous arts-infused program.
Vision
All students will be taught by a highly effective teacher in a nurturing environment and will achieve at high levels. Each student will develop the knowledge, skills and values necessary for responsible citizenship and life-long learning. The impact of our collective efforts will fundamentally change public education.
Committee Members Present
S. Pressley (remote), T. Bryan (remote)
Committee Members Absent
A. Bothner, E. Chen, K. Brisseau
Guests Present
K. Davidson (remote), K. Perez (remote), M. Alston (remote), R. Keogh (remote)
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
II. Finance
A.
General Updates
B.
Monthly Investment Account Update
C.
November Financials
R. Mew
- This month we submit the enrollment figures to the state. The good news is that we picked up two additional students for our sped rosters and has brought an additional fund.
- Additional expense-The school provided a holiday bonus to every staff member in the school.
- YTD Statement- we exceed all of our graphs for cash on hand and investments.
- Enrollment- We hoped for 694 and we billed for 662 for this month. We are 1% away from our target.
- Budget vs Forecast- no major changes for this month. The only movement in the expense is the added staff bonus.
- We are still cash positive even after our transition and renovations.
- Accounts payable has decreased due to the timing of bills.
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 4:32 PM.
Respectfully Submitted,
S. Pressley
S. Pressley did not have any updates.