december 11 meeting minutes

8/14/2019 December 11 Meeting Minutes

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Financial Literacy Public Private Partnership

All FLPPP

December 11, 2007

-- Report --

PRESENT IN PERSONRepresentative Sharon Tomiko Santos, ChairmanRobert Allen TeacherStacy Augustine, Washington Credit Union LeaguePorsche Everson, Relevant StrategiesTracy Godat, Office of Superintendent of Public InstructionChristi Gordon, Bank of AmericaLinda Jekel, DFIBrian Jefferies, Office of Superintendent of Public InstructionAmy ODonnell, WSCPAEugene Risor, Relevant Strategies

Dana Twight, Seattle TimesLauren Thomas, Family Services of King CountyJoe Willhoft, Office of Superintendent of Public Instruction

PRESENT BY PHONE

Dave Gandara, Money TreeScott Kinney, WAMUKristin Mowat, WA BankersKimberly Scott, WSCPAPam Whalley, WWU

Call to OrderChairman Santos called the meeting of the Financial Literacy Public Private Partnership (FLPPP)to order at 9:01a.m. Representative Santo welcomed the committee and took roll.

Approval of Minutes

Chairman Santos referred the members to the October 25 minutes. There is an error on the title.The minutes will be changed to read All FLPPP rather than Executive Committee. Minutes areapproved as correct.

Subcommittee Reports

Executive Committee Representative Santos, chair, thanked everyone for their

participation in the Executive Committee teleconference call last Thurs. The ExecutiveCommittee discussed the process of hiring Porsche Everson. The Executive Committeeis committed to a teleconference every month. It was decided that the full FLPPPcommittee will meet on a quarterly basis. It is decided that the EC meetings will takeplace on the second Monday at 7:30 am. The EC will have a member of eachsubcommittee. We want the budget to reflect a work plan of the subcommittees. Wewant the subcommittees to focus on their budget. As we move into the legislativesession, we want to keep the momentum going. Pam Whalley will be back up forRepresentative Santos.


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Education Committee Pam Whalley, chair, reported that she is having technical issueswith email. They did decide on a budget of approximately $2,500. They would like todefine oversight for curriculum and look at the standards. They will need to meet 4 timesper year in person. Robert addressed his concerns about technology as well. They arentable to receive all documents due to school filters. Suggestions were made andultimately Linda Jekel offered DFI to add a Financial Literacy page to their website. Thiswill be a place where all documents are posted so that teachers can easily print.

Development Committee Kimberly Scott, chair, no formal report at this time. Theyhave not been able to coordinate schedules since the last meeting. They hope to meet viaconference calls or web communication. They are challenged to raise funds to help othercommittees. They will hold quarterly meetings with email follow-up. Their biggestchallenge is a list of standards for members. Lauren added to the report. Their focus ison fundraising. They hope to recruit funders and need to collaborate with the othercommittees to see what is needed. They would like to develop a new memberorientation.

Communication Committee Kristin Mowat, chair, reported that they have yet to find adate for them to meet. They will try to meet by the end of the year. They will work wellvia teleconferences. They do not believe they need to need to meet more than every other

month. However, meeting monthly to get up to speed is a good idea. The need to meetwith OSPI regarding the web information so they dont duplicate efforts.

Continuing Business

RFP Process

Representative Santos offered an overview of the RFP process. Relevant Strategies will serve asthe FLPPP coordinator until 2009. Joe wanted to acknowledge the work of Mike Middleton ofOSPI who facilitated this contract process so that it was processed immediately.

Porsche and Eugene of Relevant Strategies were introduced. Porsche reported their primary goal

is to make it easy for the committee to do great work. The goals of Relevant Strategy are: Welcome guidance and feedback

Would like to work with each of the chairs of the committees to lay out work of thecommittees and develop meeting topics for meetings throughout the upcoming year.

Have an up to date roster and distribution list. Tracy will work with Porsche on that.

Eugene will be coordinating with the Education Committee on curriculum work.

Help develop a budget. They will be providing assistance to each committee to do this.

Web development where as they will work with the committees to find out what isimportant to them and come up with a vision.

Present a final legislative report to define their work.

Pam talked about participating in summer institutes. Robert wanted to offer a suggestion for thecurriculum to have a common thread from elementary through higher grades using the earliergrades as building blocks.

Stacy Augustine talked about the Financial Literacy Summit which was co-sponsored byWAMU and DFI.

Representative Santos expressed to the group her big picture for the committee. At the end ofthe statutory commitment she would like to host a large public event where people can see the


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work of the committee this will include unveiling of a logo. Find a keynote speaker and unveilthe future vision with the committee.

The budget was discussed. There is a carryover of $29,382. There is no new fiscal income.Pam Whalley reported there will be a $2,000 deposit coming for being under budget on theworkshops.

NEW BUSINESS

2008 Legislative Session

Session begins January 14, 2008. It is scheduled to run 60 days. As far as FLPPP goes the workof the basic education finance continues. The State Board of Education is soliciting publiccomment on what is the definition of a meaningful high school diploma.

The all FLPPP meetings will be the third Thursdays of the months of March, June, Septemberand December, March 09 and June 09. A motion was passed to approve scheduled meetings forthe third Thursday with the exception of December, which will be the 2nd Thursday ofDecember.

GOOD OF THE ORDER

Representative Santoss fall newsletter was focused on financial literacy and banking. She hadgreat feedback!

Adjournment

The meeting was adjourned at 10:58 am

december 11 meeting minutes

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