June 23, 2020 Board Minutes

June 29, 2020

Date:                      Tuesday, June 23rd, 2020

Time:                     12:00 PM

Location:              THINC Board Room: One College Circle, LaGrange GA, 30240
Also held live via ZOOM

Present:                 Bill Stump, Ted Arnold, Dr. Penny Johnson, Leonard Phillips

Via Zoom:          Joseph Miller, Eric Mosely, Lauren Edgar, Kash Lakhlani, Shelley
                            Strickland, John Asbell, Frank McRae, Charis Acree

Other:                  Gerald Wyatt, Kevin Donovan, Regan Mock, Connie Hensler, Brandon                     
                            Brooks, Meghan Duke, Jamey Jackson

The meeting began at 12:05 PM.

  • Welcome- Bill Stump, THINC Board Chair
  • Motion called for approval of  February minutes- Bill Stump
    • 1st Eric Mosely, 2nd Joseph Miller  
  • P&L- Leonard Phillips, Finance Chair
    • Reviewed February – May reports.
    • No substantial changes since February reports. Cash flow remains solid.
    • Reimbursements have been received from canceled summer conferences and spending has been down due to students not being present during COVID.
  • Motion to approve February – May financials- Bill Stump
    • 1st Joseph Miller, 2nd Ted Arnold
  • Audit- Gerald Wyatt, THINC CEO
    • Large payment was made in May for Audit fees.
    • No final report has been received, but hope to have it in June. Accountants have informed us that thus far there have been no findings or issues reported.
  • TCSS Update- Dr. Penny Johnson, TCSS Asst. Superintendent
    • Decision for the reopening of TCSS will be made July 15th. Currently reviewing guidelines being used for school systems across the nation for guidance.
    • The budgets cut was set at 11% rather than the expected 14%, which is roughly $7.3 mil.
    • Federals CARES money was received for use and the budget will be proposed to the Board for use of $3.3 mil in reserve and it appears that no furlough days will be placed in force.
    • The Board approved the purchase of Learning Management Systems for all TCSS teachers. This will help with support of a digital learning environment and ensure teachers have necessary resources.

      Adjourned 12:35 PM