One City Schools
OCS Finance Committee Meeting
Date and Time
Location
Virtual Meeting
This is a virtual meeting, via Zoom:
https://onecityschools.zoom.us/j/89175083679
Meeting ID: 891 7508 3679
Agenda
| Purpose | Presenter | Time | |||
|---|---|---|---|---|---|
| I. | Opening Items | 2:00 PM | |||
| A. | Record Attendance | 1 m | |||
| B. | Call the Meeting to Order | ||||
| C. | Approve Minutes | Approve Minutes | 1 m | ||
| II. | Finance | 2:02 PM | |||
| A. | May Financials | ||||
| B. | WCSP Grant Sub Budget | FYI | 10 m | ||
|
One City Schools was awarded an additional $500,000 in the current fiscal year for the final year of the Wisconsin Charter School Program grant. As previously discussed, these expenses/revenues would be in excess of the current year approved budget. Per our financial policies, this sub-budget needs to be reviewed by the Finance Committee and approved by the board. |
|||||
| C. | 2025-26 Targeted Preliminary Budget | Discuss | 30 m | ||
|
One City Schools management will present the proposed 2025-26 operations and capital budget. |
|||||
| D. | NMTC Notice | ||||
|
One City Schools management notifies the Finance Committee that it unknowingly accessed funds restricted in the NMTC Old National Bank account. The issue has been resolved. |
|||||
| III. | Other Business | ||||
| IV. | Closing Items | ||||
| A. | Adjourn Meeting | Vote | |||