Baconton Community Charter School
Minutes
Finance Committee Meeting
Date and Time
Tuesday January 13, 2026 at 6:00 PM
Location
Board Room
The Governing Board meets monthly at 6:00 PM in the Superintendent's Conference Room in the Main Building. Dates are noted on the calendar.
The Finance Committee meets monthly in advance of the regular board meeting to review financials.
The Student Affairs Committee receives monthly reports from campus leadership.
Committee Members Present
Benjamin Brooks, Jenny Van Meter, Kate Von Glahn, Kelly Rucker, Larry Burkett, Lynn Pinson, Missy Harrod, Stone Pinson
Committee Members Absent
None
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
C.
Review of Minutes
II. Finance Committee
A.
Profit and Loss
B.
Balance Sheet
C.
Budget VS Actual
any aberrations explained
D.
Journal Entry Review
None entered.
E.
Credit Card Review
F.
Purchase Order Review
G.
Bank Account: Statements and Reconciliations
H.
Federal Budgets and Grants Update
I.
SNO Payment Advice
Short month for meals and reimbursements due to fewer days in school for holidays
J.
CPF Financial Performance Indicators
K.
December Payment Advice
L.
Facility Updates
Two bids from procurement site for a metal gym - Bill Cooper and SC Barker Construction. The bids are relatively close in price. Bill Cooper said they he could have classrooms ready by July with gym getting ready after that. The school has worked with Bill Cooper before. Discussion regarding needs for classroom space, lunchroom space, and what that looks like. Potential budgeting for a new building payments - what would that look like and how can we make that work? Adding classrooms and bathrooms would be ideal. The budget team will work on what they think we can afford.
III. Updates from Administration
A.
Facility Acquisition Update
The City Council voted for the school to be able to build commercial buildings on Walton Street so land swap can go through as board approved last meeting.
B.
Transportation/bus quotes
5.25% fixed interest rate offered by Bank Of Camilla. The finance committee agreed to put this before the board and support these purchases. Two activity 14 passenger buses and one 72 passenger bus.
IV. Other Business
A.
Payroll Update
The payroll team is working hard and will be ready to execute payroll at the end of January. ESS is handling our subs. Discussion regarding saving money in the future in insurance premiums.
Continuum did not take out deductions from payroll but Kate and Krys worked on that and got all deductions paid.