Monthly update on financial position, projections & suggestions.

Include quick monthly reporting on: 

Debt service coverage ratio: 

--at 8/21/2025 meeting, William confirmed that CSP will report monthly to the bondholders our ratio and what we're doing to improve it. I'd like to ask for a summary (don't necessarily need details).

--We'll need to be at a 100k surplus to meet the required 1.10 ratio.

Monthly budget analysis report:

Will salary raises be retroactive? If so, will it be lump sum or spread through the rest of the year? Would lump sum potentially push some into another tax bracket, making their actual receipts lower?

Reminder: once approved, move 200k to high yield savings/MMkt @ US Bank, per 8/21/2025 minutes.

Will we need to make some other funds available? Does the program include state/district/federal funding?

How has surplus been handled in the past, when giving to teachers & staff in form of a bonus? 

When is it generally distributed? 

Any reason it should be different this year?

How much is expected? Has the work bee completed? 

What happens if we have surplus? (obligated to return funds? use for other approved projects? Go into general funds? Other?)

If there isn't enough? (request more? out of general fund? other?)

Is this for roof replacement? Retention pond rebuild? Sidewalks?

Follow up from 8/21/2025 meeting: 

Every Thursday following the full board meeting, Josh runs a Grade Chair Meeting to share the budget meeting information with one person per grade level attending. Josh suggested that Rob could join from time to time (quarterly) to share during this.

Will this work, or would another meeting be better for first appearance?

Is there anything we need to know or do with the income from the preschool stopping?