4744 W. Grovers, Glendale, Arizona 85308
PH 602-439-5026 FAX 602-889-0351
Calibre Academy, Inc. Governing Board
Board Meeting Minutes
June 15, 2016
I. Call to order
Laurel MacDermott called to order the regular meeting of Calibre Academy, Inc. Governing Board at 10:00 a.m. on June 15, 2016 at E-Institute Grovers located at 4744 W. Grovers, Glendale, Arizona 85308.
II. Roll call
Laurel MacDermott conducted the roll call. The following persons attended the board meeting: Tim Smith, Kim Reedy, and Michael Emanelli were present. Sergio Guillen and Shannon Smith were absent.
III. Open Issues
None discussed at this time.
IV. New Business
Approval of Minutes from Last Meeting
Laurel MacDermott asked the board members if they received a copy of the May 9, 2016 Board Meeting Minutes for their review. All of the board members acknowledged receipt of the minutes.
Michael Emanuelli made the motion to approve the minutes.
Kim Reedy seconded the motion. All board members voted in favor of the motion to approve the minutes.
Vote/Approve Revised #2 Budget for Fiscal Year 2016
Laurel MacDermott asked the board members if they received a copy of the Revised #2 Budget for Fiscal Year 2016for their review. All of the board members acknowledged receipt of the Revised #2 Budget for Fiscal Year 2016. Katie Determan/CPA gave an overview of the Revised #2 Budget for Fiscal Year 2016. She explained that the State of Arizona is requiring that all schools revise their current year (Fiscal Year 2016) budgets due to the passing of Proposition 123. Questions were asked by the board members and answered by Katie Determan.
Kim Reedy made the motion to approve the Revised #2 Budget for Fiscal Year 2016.
Michael Emanuelli seconded the motion. All board members voted in favor of the motion to approve the Revised #2 Budget for Fiscal Year 2016.
Presentation/Approval 2017 Proposed Budget
Laurel MacDermott asked the board members if they received a copy of the 2017 Proposed Budget for their review. All of the board members acknowledged receipt of the 2017 Proposed Budget. Katie Determan/CPA gave an overview of the 2017 Proposed Budget. Questions were asked by the board members and answered by Katie Determan.
Michael Emanuelli made the motion to approve the 2017 Proposed Budget.
Kim Ready seconded the motion. All board members voted in favor of the motion to approve the 2017 Proposed Budget.
V. Adjournment
Timothy Smith adjourned the meeting at 10:30 a.m.
Minutes submitted by: Laurel MacDermott
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