Explorations Charter School
Minutes
Finance Committee Meeting
Date and Time
Monday October 20, 2025 at 1:00 PM
Committee Members Present
Ginni Block (remote), Robert Peterson (remote), Sarah Annis Haynes
Committee Members Absent
None
Guests Present
Jill Johnson
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
C.
Approve Minutes
Motion was made to approve minutes with corrections
| Roll Call | |
|---|---|
| Robert Peterson |
Aye
|
| Sarah Annis Haynes |
Aye
|
| Ginni Block |
Aye
|
II. Finance
A.
Review and Recommend APPM
| Roll Call | |
|---|---|
| Robert Peterson |
Aye
|
| Sarah Annis Haynes |
Aye
|
| Ginni Block |
Aye
|
B.
Budget Discussion
Susan has been too busy to meet with Jill to discuss the budget. They will meet soon. Jill is still waiting for updates on grants.
III. Other Business
A.
Investment Discussion
We discussed putting half of the ERTC funds in a CD. Jill suggested a 7 month CD as it would renew at the end of the school year, a more convenient time to reassess. We agreed to take this suggestion to the full Board at tomorrow’s meeting. Ginni will confirm interest rate.
B.
Credit Card Discussion
The school has an American Express card that is rarely used; doesn’t accumulate many points compared to the Capital One credit card. Susan recommended closing the American Express card account. The Finance Committee agreed with this recommendation and will send it to the full Board for a vote there.
| Roll Call | |
|---|---|
| Sarah Annis Haynes |
Aye
|
| Ginni Block |
Aye
|
| Robert Peterson |
Aye
|
We reviewed and discussed the changes recommended by SDE input. Links are being added to policies referenced in the APPM. The committee voted unanimously to accept the uodate APPM and send it to the full board for approval.