Laura and Karen presented a budget based on an anticipated 170-student enrollment, with adjustments to reflect a more realistic financial position with the FCAP removed. They discussed recognizing $60,000 in private grants and donations, as well as a 3% salary increase aligned with the pay scale. The team also addressed plans for potential staff additions based on enrollment, targeting 185 students, and the strategy for managing the OSSE loan repayment due in 2027, with a goal of maintaining 60 days of cash reserves.

Budget discussions included student events, mentorship programs, and summer programming. The group discussed plans for a mandatory summer 2026 transition program for incoming 9th graders, which will include cultural activities and team building, while credit recovery options are available this summer for students needing academic support. 

The meeting also covered FundEd contract discussions, with Karen noting it was around $90,000 similar to last year. Karen Venable-Croft explained that the general expenses are higher than other schools due to being small, often finding it more cost-effective to contract services rather than hire full-time staff. She discussed the school's approach to managing substitute teachers and school uniforms, including a pilot program where a small fee was charged for loaner uniforms. Karen also clarified that no new positions were created; instead, staff were reassigned.

Maria highlighted that the school is currently at 77% board giving with a goal of reaching 100%.