Statement Of Activity has a lot of notes by Missy Harrod and Lynn Pinson regarding unexpected variances and explanation of activities. Chromebooks purchased via grants - ready to be drawn down on Thursday. Special Ed expenses are over budget due to unenrolled kids when budget was created. These children have extreme special needs to be serviced. Tammy Hart is paid for out of school admin funds so that will send admin costs over budget. This goes along with Budget Vs. Actual but also Profit & Loss

Prepaid insurance for the year. This is listed as an asset but likely needs prorating with a Journal Entry from Doug.

These were created from Doug Erwin this month surrounding the audit and closing the books for the year.

The Cash On Hand shows the enrollment variance. It falls right in the .05 variance which scores in the median of the point range on the SCSC monitoring. 5 points scored rather than 10 points. Unsure whether it's actual enrollment or FTE count.

CD maturity is coming up. $304,422.00 earned interest since money was initially invested. Benjamin recommends taking 2.1 million and putting it into a 2 year CD. He asked for comment and there was no discussion other than yes!

New building has some small issues but handling. Older roofs and air units at older middle and high school buildings need to be put on a rotating repair schedule in the budget. Estimated roof cost is $25,000 per roof. Air units both central and mini splits have some repair or replacements needs. Would like to get a repairs schedule ahead of having to do it immediately. Finance committee asked for a schedule of needs. Wall mount units are tough to get and there is a long wait time to get in. May need to compare mini split units vs wall mounts and see which one is more economical and easier to service and get in.

Meeting with Ray Muggridge via teleconference on Friday, October 14, 2025 re purchase of Dollar General building. Need more classrooms. Missy recommends putting some things out on procurement site to be able to compare costs. Asking for finance committee's permission to put things out on the site. New building price per square foot was approximately $250. Requirements of putting bid requests out are extensive and often expensive. Discussion happened regarding using existing plans for that bid.

Submitted on time and in the finance folder. No findings.

Waiting on one more quote. Best price so far with 14 passenger bus - no CDL required. Monthly payment approximately $1,000/month. 5 year payment plan. Jenny VanMeter has concerns about another monthly payment. She would like to see what a purchase price would look like as compared to a lease structure.

Educational Staffing Service is signed with and hoping to roll that program out next month. Large potential savings in our payroll. Worker's Compensation insurance has been bid out and is quoted anywhere from $24,000 to $31,000/year. The new payroll company has also entered a bid for the WC Insurance program that Kate and Lynn are looking into. March 2026 should show a new payroll normal.