D. Mack began with shine, highlighting reading growth including programs such as Mission to a Million; growth mindset; and the recent Cypher Battle.

D. Mack reported siding is up for floors 2-3, walls being enclosed, insulation, ductwork.  Really coming together and starting to get a peek at the finished look.

B. Hines provided the September financial report:

• Showing revenues at $200k unfavorable but anticipate end of year to be less than $150k unfavorable
• On Expenses, $200k unfavorable largely driven by investment in employee benefits (health insurance plan, $130k of the 200k unfavorable.  Will work to offest the remaining 70 unfavorable.
• Operating income currently 400k unfavorable, but will settle out to approximately 280. Team will continue to work on driving expenses down so there is not ultimately a budget overrun by end of year.
• Reviewed the capital budget and outlays for FY24: FY24 forecast is $219k favorable to budget, and an anticipated project favoribility overall of $436k which will lower the owners equity into the project (not affecting either of the two loans)
• Discussed cash on hand, currently projecting $1.5m or 71 DCOH
• Still on track for the SCSC performance indcators 95%

D. Mack reported on fundraising efforts, including:

- Raised $53k, goal was $50k - also a fantastic event

• - Rounding out with giving season with families
• Currently 33% of way toward fundraising goal for the year

D. Mack reported on activities related to SCSC monitoring report, engaging in technical assistance with state partners; FY24 consolidated LEA improvement plan was approved; progressing along path for grade level expansion with state application (target FY26)

D. Mack reported on enrollement and staffing, including sending mandated counts for the October deadline.  Currently at 534/537 on count day, goal is 540. Plan in place to have that number by March count date.

SY25 recruitment efforts for scholars: 141 applications in open enrollment

K. Gambrell reported on family engagement activities, including title 1 walk through, volunteer opportunities, and other ways to build connection with families.

D. Mack reported on upcoming October and November events, including highlights of:

• tomorrow is our Fall Festival day (trunk and treat, hay rides, costumes, petting zoo) invited all to join in; 
• family conferences on Friday.
• Guest reading program begins on 11/3 - invites coming out soon
• Spirit night on 11/17 at state farm arena
• Professional Development day on 11/27

D. Mack reported our attendance is at 95%, which is on track for our goal.

K. Gambrell reported on scholar culture updates, supports offered, and specialized services.  Also reported on STEP growth data for SPED, EPI and RTI services (range by grade level of 18% to 100% growth).

S. Knight-Justice reported on scholar learning.  Next i-ready data will be coming in January.  Reviewed STEP data; highlighted academic award series recently to recognize the growth.

J. Boyd reports on the committee meeting last week; of discussion not already shared was some availability of funds to reclassify from utilities line to the interest reserve: $24k/month spread over 5 months, a total of $120k.

No additional report.

J. Boyd makes motion; T. Mitchell seconded, all approved Mario Ball and Monique Childress as newest members of the Board of Directors, effective 11/1/2023

No new business.