Introduction of Sarah Brown as the HUMS Finance support manager from Ed-Ops. A review of the revenue and expenses was conducted, and it was forecasted $142K more revenue would be due to higher federal grant funding. On the expense side, there were additional expenses due to higher-than-expected teacher salaries and enrollment that was under by five students. Chair Johns asked what impact this will have on next year's budget. Ed-Ops said that there would be a limited impact on the following year's budget. A review of the revenue from per-pupil funding reveals that we are $52,000 short of our expected amount.  We remain financially healthy, with an overall cash position of 182 days of cash on hand. We will realize savings in several areas and continue to monitor our spending to further reduce costs.

K. Procope shared the financial policies with the board. The board reviewed the changes. There was no discussion. Chair Johns called for a vote on the policies. 

Dr. Procope shared the current state of the school. DC-Cape scores went up significantly, particularly in mathematics. There is a renewed focus on helping students improve in mathematics and reading. A new curriculum, Great Minds, was implemented for mathematics and reading, aligning with DC-Cape; the expectation is that this will improve test scores. 

Programs in place and upcoming are the student teachers from the School of Education, and the annual Math and Science night that will occur in November. 

The work on the 2nd Sub-Basement is complete. We are waiting for the Certificate of Occupancy, the completed fire inspection, and the health inspection, which Howard University is coordinating. There is a meeting scheduled for October 10th to discuss the outstanding items. October 17th is the anticipated date for that part of the building to be completed and turned over. 

The Development Committee will meet again within the next week to discuss how to achieve a sustained $ 100,000 revenue each year. A survey was provided, and the committee needs Wendy Pace's responses, which she will give next week.