Building insurance cost is back to the 22-23 level following isurance claims for air conditioning in the Server/Computer Room and the large claim for the flooding.   This cost as well as increase utility costs are impacting the revision of the 2023-2024 budget.

Jill has begun creating a draft budget; she is still waiting for more information regarding per pupil expenditures and information regarding grants.

Jill updated the committee on the status of the claim.  Still waiting for Insurance Company to finalize paperwork.  All information has been submitted and we hope to have the first check released in late January / early February.

After realizing a savings for the 2023 Insurance, the cost has gone up due to increases due to insurance claims.  

. ACES is looking to out together charter schools as a group to save money on health insurance. The current program has been good; if claims stay on track we may even get a refund this year. Jill will compare current health insurance for 24-25 with ACES quote. 

Robert suggested that we give bonuses to all staff, including administrators. He proposed $500 each. Ginni suggested $250 for staff who joined after the beginning of this year. Given that EdAdvance counselor is not on our payroll Jill suggested giving him an Amazon gift card. All bonuses were approved unanimously.