Here is the link to the presentation from Monday.  This will be shared with Principal's on 5/16 by the CBO

Here is a link to the draft FA - will be finalized coming out of the 5/16 CBO & Principal meeting

 

Per the conversation about issuing a check in 2023-24 fiscal year for a 2024-25 expense,here is the change:

• Issue the check AFTER July 1, 2024 (you still have to vote on it and record it in the minutes in 2023-24)
• Checks received by July 29th, I will help make sure lines are set up per the Fiduciary Agreements with the CBO before the school year starts (my term ends on 6/30 which necessitated the original completion date but I can stay on and handle the admin of this one last item)

Additional Related Items we did not discuss:

 

Subsequent Funding for Buses: for some schools, $5,000 will not be enough for the full year, they will need to add funding throughout the school year.  To minimize the back and forth on signatures, for any subsequent funding needs, checks will still need to be submitted in person to the CBO but the FA can be handled electronically; see the Appendix for an example of how to handle this going forward, after the FIRST FA for each fiscal year.

 

Receipts/Invoices and Audits:  since you will be paying for buses but no longer receiving invoices as "proof of payment" consider the FA the "proof of payment" as part of your audit process.