Excelsior Village Academies
Minutes
Finance Committee Meeting
Date and Time
Thursday October 15, 2026 at 6:00 PM
The Excelsior Village Academies' Board of Directors will meet in person. Please see the location below:
5295 Highway 155 North, Atlanta, Georgia
You can also join virtually. Please see the meeting details below:
Join Zoom Meeting
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Meeting ID: 875 461 2347
Passcode: EVA24
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Committee Members Present
A. Holmes, M. Flowers, R. Hutchins, W. Smith
Committee Members Absent
None
Guests Present
N. Brinson
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
W. Smith called a meeting of the Finance Committee of Excelsior Village Academies to order on Thursday Oct 15, 2026 at 6:16 PM.
C.
Approve Minutes
A. Holmes made a motion to approve the minutes from Excelsior Village Academies' Finance Committee on 04-23-26.
The committee VOTED to approve the motion.
II. Finance
A.
Financial Review
B.
Enrollment Update
As of Oct 15, 2026 - 264 Currently Enrolled
- 8 applications accepted, 4 started 10/13, another starts 10/19
- Need ~11 additional students to meet 275
- 323 applications on the waitlist
C.
Fundraiser
- Black Tie Event
- Casino Night Themed
- End of September 2027 or beginning of November 2027
- Drink Tickets, Merle Manders
D.
Next Steps
- Lock Down the Venue
III. Closing Items
A.
Adjourn Meeting
There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 7:08 PM.
Respectfully Submitted,
W. Smith
Presented by T. Johnson from EdTech
FY27 September 2026 Financial Update
Previous vs Current Forecast:
Title I Grant (Allotted)
Title II $ III Grant (Submitted)
Sept Cash on Hand: 24
Oct Cash on Hand: 7
EOY KPI Forecast
DCOH: 24
Current Ratio: 0.71
Fund Balance: 16.4%
Debt to Asset Ratio: 83.9%