Section V-A Finance Report is presented by Copper Advisors, not Prestige Accountant. 

No Public Comment

Presented by S. Fox. 

-Report Attached

-G.Alexander asked about the draw down from the USDA 

Submission to USDA for reimbursement and AMX that is being processed 

Not sure what the remaining balance is 

-G. Alexander asked about putting the funds in an interest bearing account

Have been using it to pay things, have not been able to move it yet, but it is the goal.

-G. Alexander have changed banks yet?

Capital Bank from construction and First Federal. Have not moved anything yet. 

Will need to work on changing over auto-pay and billing. 

-G. Alexander the paperwork that was signed to verify L. Lyles was not changing banks

That was adding B. Vaughn to the account for third signature 

-G.Alexander can we bring the new hires to the board meetings to meet them

-R.Beck plan for next big staff meeting was to invite the board to meet the staff. 

-A. Wright asked about open seats for each level

Primary 22 per room so about 88

Lower 27 to 25 per room so about 100

Upper the same as lower

Middle about 50 

High School about 100

-J.Poole asked about bio or S. Fox

She is working on it   

Finance Report presented by J. Strickland and S. Andrikis from Copper Advisors. Report attached.

Federal Funding reimbursements will start in October and that will help with cash on hand. 

Debt to Asset still good, Cash on Hand will be helped by funding reimbursements  

-S. Fox asked about splitting J. Diver as she is instructing in addition to running the cafe.

-G. Alexander asked how student count drop will affect us, will not until the next count, but is a significant amount of funding drop.

-G.Alexander meeting October 15 at 5pm

Presented by S. Fox.-Report attached 

-M. Thompson discussed spending after the board vote to increase spending from 5k to 10k without board approval. 

4 transactions since July 3

S.C. Charter fee paying for the search for the Director

Supplies to outfit classroom

State Reimbursement for funds not used in previous year

Emergency A/C repair that was previously voted on 

-M. Thompson presented finance committee notes about the Salty Sprouts Cafe

September Smoothies brought in about 2k

Lunch sales start in October and will give us an idea of how that will do. There may need to be a budget revision. 

Ideas discussed to help Cafe support itself, grab and go items for parents, snacks. Renting Dish washing space for food trucks. 

-T.Bronson suggested Pie Sales during holidays

-L.Lyles asked about the Rental Space 

Has not really taken off 

Recommendations from Board at Directors Discretion

-Random car/body/bag searches

-Weekly meeting with N. Borriello

-Outside Therapy

-No other referrals or behavioral issues

-Additional 10 hours outside class time for community service