Ted Gildea, Committee Chair, directed the attention of the Committee to the Finance Updates. Jordan Lopez, Chief Operations Officer, displayed the School's Budget vs Actuals as of September 30, 2024 and noted that the School was on track for spending based on the time of year. She noted that the Board should not be alarmed by the spendings, as they are normal for this time of year. Lopez provided a detailed breakdown of recent expenditures, emphasizing the importance of utilizing ESSER funds prior to the September 30th deadline. Lopez elaborated on the strategic and accelerated spending approach, highlighting key investments such as field trips, staff appreciation initiatives, and bulk purchasing of essential school supplies. 

Andres Tejeda, Board Member, inquired about the tuition and whether the school is currently over-enrolled. Sonya Pratt, Executive Director, indicated that the school is indeed slightly over-enrolled, having initially projected 75 students but ultimately accommodating 79, with a current enrollment of approximately 78. She also noted that they budgeted conservatively for the anticipated per pupil amount this year, which has proven to be higher than expected.

Pratt then provided updates on staff retention and student dual enrollment, reporting that the current school year is going well, with students demonstrating high levels of engagement in their off-campus courses. Additionally, Taylor Riley, Human Resource Manager, has successfully recruited instructional staff despite the challenges presented by the school closure.

Andres Tejeda inquired about the status of the building sale. In response, Pratt shared that the process is advancing and further updates will be available in the near future.