Final

Liberty STEAM Charter

LSC Board of Directors Finance Committee Meeting

Published on April 11, 2025 at 11:54 AM EDT
Amended on April 11, 2025 at 12:00 PM EDT

Date and Time

Tuesday April 22, 2025 at 2:00 PM EDT

Location

Liberty STEAM Charter School 

Network Office

117 N Main Street

Sumter, SC 29150 

This meeting is held in accordance with the Freedom of Information Act. A copy of the agenda has been made available to the local media & general public.

Mission: Liberty STEAM Charter (LSC) works to provide all students equal access to a world-class K-12 education in an academically rigorous & student-centered learning environment, creating graduates to be thoughtful & engaged citizens prepared to take on the leadership challenges of the 21st century.

Vision: In partnership with our families & the community,  Liberty STEAM Charter (LSC) will provide interdisciplinary, real-world, personalized, and project-based learning experiences through a STEAM-based academic program where graduates become the next generation of leaders, employers, and employees who contribute to the economic well-being of their communities and families. 

Agenda

Section Number Topic Number Details Purpose Presenter Time
I. Opening Items 2:00 PM
  A. Record Attendance   Amy Hansen 1 m
  B. Call the Meeting to Order   Rodney Thompson 1 m
  C. Invocation   Kimberly Rauschenbach 1 m
  D. Pledge of Allegiance   Rodney Thompson 1 m
  E. Reading of the Mission Statement   Rodney Thompson 1 m
   

Mission: Liberty STEAM Charter (LSC) works to provide all students equal access to a world-class K-12 education in an academically rigorous & student-centered learning environment, creating graduates to be thoughtful & engaged citizens prepared to take on the leadership challenges of the 21st century.
 

  
  F. Reading of the Vision Statement   Kimberly Rauschenbach 1 m
   

Vision: In partnership with our families & the community, Liberty STEAM Charter (LSC) will provide interdisciplinary, real-world, personalized, and project-based learning experiences through a STEAM-based academic program where graduates become the next generation of leaders, employers, and employees who contribute to the economic well-being of their communities and families. 

  
  G. Approval of Consent Agenda Approve Minutes Rodney Thompson 1 m
   
  1. April 22, 2025 Finance Committee Meeting Agenda 
  2. Minutes of Previous Meeting 
  
    Approve minutes for BOARD OF DIRECTORS FINANCE COMMITEE MEETING on March 7, 2025  
II. Finance Committee 2:07 PM
  A. Finance Report FYI Trevor Ivey 18 m
   
  1. Review of Expenses vs. Revenue through March 31 
  2. FY25 Year-End Forecast
  3. Balance in Cash Position
  4. Donations- Individual and Corporate
  5. Grant Awards
  6. Update on Federal Reimbursements
    1. Title I
    2. Title II
    3. Title III 
    4. Title IV
    5. IDEA
  7. FY26 Proposed Budget
  8. Update Internal Control Procedures  
  9. Update on Current Line of Credit 
  10. Update on Proposed Financing Options for Junior Academy Expansion
  11. Analysis of Food Services Cash Flow for December- June
  
  B. Old Business FYI Trevor Ivey 8 m
   
  1. Relevant School Updates
    1. Enrollment Updates for the 24-25 SY
    2. Hiring Updates for the 24-25 SY
    3. Fifth Grade Expansion
  2. Review the AFO Accountability Rating System from SCPCSD
  
  C. New Business FYI Trevor Ivey 8 m
   
  1. Proposed Scope of Work for Long Range Financial Review - Afton Partners (with CSGF Grant)
  2. Hiring Updates for the 25-26 SY
  3. Org Chart for the 25-26 SY Review 
  
  D. Other Business Discuss Rodney Thompson 8 m
  E. Agenda Items from Committee Members Discuss Rodney Thompson 3 m
III. Executive Session 2:52 PM
 

Executive sessions are designed to handle sensitive matters in a matter that will protect the innocent and assure confidentiality about sensitive matters. Please remember that all matters discussed in the executive session are confidential and not to be reported to or discussed with anyone not in attendance at the session. The committee chair or staff designee will brief directors who are unable to attend the executive session. In today’s executive session, the items listed below will be discussed with possible action taken afterward. 

  
  A. Discussion of Proposed Property Contractual Matter(s), Contractual Matters, and Personnel Matter(s) Discuss Rodney Thompson 7 m
IV. Committee Action 2:59 PM
  A. Any Action Related to Executive Session Item(s) Vote Rodney Thompson 1 m
V. Closing Items 3:00 PM
  A. Next Steps FYI Trevor Ivey 2 m
  B. Good of the Order Discuss Rodney Thompson 2 m
  C. Adjourn Meeting Vote Rodney Thompson 1 m