F.W. Parker Charter Essential School
Minutes
Finance Committee Meeting
Date and Time
Monday February 2, 2026 at 6:00 PM
http://parker.school/financecommittee
Committee Members Present
B. Harrigan (remote), E. Sturgis (remote), J. Appleton (remote), M. McKenna (remote), N. Odekirk Hatlevig (remote), R. Egan (remote)
Committee Members Absent
None
I. Opening Items
A.
Record Attendance and Introductions if needed
B.
Call the Meeting to Order
E. Sturgis called a meeting of the Finance Committee of F.W. Parker Charter Essential School to order on Monday Feb 2, 2026 at 6:02 PM.
C.
Approve Minutes
N. Odekirk Hatlevig made a motion to approve the minutes from Finance Committee Meeting on 11-24-25.
E. Sturgis seconded the motion.
The committee VOTED to approve the motion.
| Roll Call | |
|---|---|
| N. Odekirk Hatlevig |
Aye
|
| E. Sturgis |
Aye
|
| R. Egan |
Abstain
|
| M. McKenna |
Aye
|
| B. Harrigan |
Aye
|
| J. Appleton |
Abstain
|
II. Finance
A.
Q2FY26 Results
B.
Budget Revenue Preview
Michelle and Brian presented initial FY27 revenue planning assumptions. The committee agreed to a planned 4% revenue increases while keeping the Facilities Aid figure at FY26 level of $1188 per pupil. The committee also agreed to budgeting enrollment at 396 for FY27.
C.
Schedule meetings through June
The committee agreed to the following meeting times for the remainder of the school year:
3/5 6:30-7:30 (may run longer as it is the budget presentation
3/12 6:30-7:30 (if needed for further budget discussion)
4/27 - 6-7PM (Q3 results and policy review)
III. Closing Items
A.
Adjourn Meeting
E. Sturgis made a motion to adjourn.
N. Odekirk Hatlevig seconded the motion.
The committee VOTED to approve the motion.
| Roll Call | |
|---|---|
| E. Sturgis |
Aye
|
| R. Egan |
Aye
|
| M. McKenna |
Aye
|
| N. Odekirk Hatlevig |
Aye
|
| B. Harrigan |
Aye
|
| J. Appleton |
Aye
|
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,
M. McKenna
Documents used during the meeting
- 2-1-26 fincom.pptx
Michelle presented the Q2FY26 results. Revenue is above budget due to favorable per pupil tuition revenue as well additional students. There is unbudgeted student activity revenue offset by unbudgeted student activity costs. These are unbudgeted because they vary so much year to year and are planning to net to $0. The committee also discussed the high cost of health insurance due to increased participation driving the additional expenses. The overall outlook is projected to come in close to budget for the year.