Miles Ahead Charter School
Minutes
Finance Committee Meeting
Committee Members Present
J. Foster (remote), J. Toussaint (remote), K. Bloxson (remote)
Committee Members Absent
None
Guests Present
M. Felts (remote), Sabrina Silver (remote), Toni Johnson (remote)
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
J. Toussaint called a meeting of the Finance Committee Committee of Miles Ahead Charter School to order on Thursday Dec 18, 2025 at 7:01 PM.
C.
Approval of Current Meeting Agenda
J. Toussaint made a motion to approve the current agenda.
J. Foster seconded the motion.
The committee VOTED to approve the motion.
D.
Approval of Past Month’s Meeting Minutes
J. Toussaint made a motion to approve the minutes from Finance Committee Meeting on 10-16-25.
J. Foster seconded the motion.
The committee VOTED to approve the motion.
II. Treasurer Report (Finance Committee Member Chair)
A.
Financial Report
III. FY26 Financial - EdTec Report
A.
Financial Report
edTec (T. Johnson) reviewed the financials for the month of November and the changes between October and November. Additionally, the SCSC Financial Performance Indicators were shared with meeting attendees. Budgetary implications and recommendations were shared for FY26.
IV. Executive Director Update
A.
Finance Policy
B.
Other Topics
Executive Director discussed ideas regarding potential shifts with staffing structure, academic programming, and school operations that could positively impact financials for SY26 and beyond.
Announced the resignation of a Finance Committee member.
V. Other Business
A.
Updates from 21 Cobalt
Budget Approval Checklist was presented and shared.
VI. Closing Items
A.
Adjourn Meeting
There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 7:54 PM.
Respectfully Submitted,
J. Toussaint
The treasurer (J. Toussaint) reviewed the Treasurer's report and discussed the financials for the month of November..