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
H. Lust (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 Feb 19, 2026 at 7:00 PM.
C.
Approval of Current Meeting Agenda
J. Toussaint made a motion to Approve current meeting 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 12-18-25.
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 January and the changes between December and January
- Current Forecasts shows a positive shift in the net income.
- Budgetary implications and recommendations were shared for FY26
- SCSC Financial Performance Indicators were reviewed
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.
- Exec Director suggested cross-committee collaboration during upcoming SY27 planning meetings
V. 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 8:10 PM.
Respectfully Submitted,
J. Toussaint
The treasurer (J. Toussaint) reviewed the Treasurer's report and discussed the financials for the month of January.