• Budget Power Point: https://drive.google.com/file/d/1a-8jklcmrljyWsxcF53-nb87jrIhVTN_/view?usp=sharing
• February month-end: February closed with a monthly net loss of approximately ($106K), and an ending cash balance of $563K, or 66 days cash on hand. Year-to-date net income through February was approximately $253K.
• Improved full-year outlook: The current February forecast projects $130K in net income for FY26, which is a favorable improvement from the prior forecast and reflects an increase in the midterm QBE allotment. The forecast also projects approximately $434K in ending cash, or 51 days cash on hand, at 6/30/26.

• This time served as the first of 2 public hearings for the amended budget. 
• Amended Budget Power Point: https://drive.google.com/file/d/1ODeny2yOLT9FxZO4aLSyUjMxikqEKV28/view?usp=sharing
• The proposed amendment aligns the board-approved budget to actual performance and updated projections. Compared with the original budget, total revenue is projected to be $833K below budget, driven primarily by lower state funding tied to enrollment, while total expenses are projected to be $895K below budget, reflecting staffing reductions, facilities savings from not moving forward with modulars, and other expense adjustments. The amendment results in a projected net income of $130K, which is $62K better than the approved budget.
• It was discussed that this amendment is a normal mid-year governance step when there are material variances, especially after the midterm allotment provides more funding certainty. Several forward-looking considerations will continue to matter as we move into FY27 planning: enrollment conversion, teacher compensation, facilities constraints, and the cash timing impact of reimbursement-based CSP expenditures.
• Time was given for anyone in attendance who was not on the board to ask questions.  There was no one in attendance outside of the board. 
• Will be able to vote on amended budget after next public hearing

School Updates:

Enrollment (120) 

K- 43 

1- 28 

2- 19 

3- 16 

4- 14 

Withdrawals to date (24)-no changes last month K: 12 

1st: 5 

2nd: 4 

3rd: 1 

4th: 2 

#1 Reason: Student needs a more restrictive setting 

#2 Reason: Move 

#3 Reason: Disagreement with GaDOE requirements 

#4 Reason: Don’t like model

Staffing Updates: 

8 Flight Captains 

3 Co-Captains 

1 Parttime CNA 

1 Partime Custodian 

2 Support Staff 

4 Flight Control 

Gifted Contractor 

SLP 

OT 

ESOL contractor 

Montessori Coach 

OG Reading Interventionist

SpEd Data:

SPED: 17 (4 initials in progress) ESOL: 5 

Gifted: 10 

504: 6 

MTSS: 13 (academics)

Upcoming Dates 

March: Georgia Department of Education wants to know what you think about our school. Please click the link in the newsletter to complete the survey March 9-12: Double Good Spring Fundraiser 

March 13: Double Good Field Trip 

March 16-20 MAP Assessment, now: 

May 4th-5th: Kindergarten, 1st and 2nd grade 

April 13-17: 3rd and 4th grade 

March 20: Quarter Closes/Grades Posted 

March 23: Parent Teacher Conferences/No Students 

March 24-27: Spring Spirit Week 

March 27: Spring Picture Day 

Reminder: The March 18 finance committee meeting served as the first public hearing on the FY25–26 Budget Amendment. A second public hearing will be held on April 15 from 5:30–6:30 PM at Sankofa Montessori (5881 Phillips Drive, Forest Park, GA 30297), followed by our formal board meeting on April 29th. We would welcome a strong in-person turnout from board members who are able to attend, as we move toward final adoption of the budget.