Ted Gildea, Committee Chair, opened the meeting by welcoming the committee members and subsequently handed the floor to Diana Landry, Business Manager at Central Source, to present the financial statements. Diana provided an update, noting that there had been minimal changes since the previous meeting. She highlighted that, while tuition revenue had declined, the organization continues to maintain a strong financial position. 

Gildea inquired whether there was an immediate need to request funds from the Foundation Board to sustain the school year. Landry clarified that, although there is no immediate financial necessity to sustain the school year, the funds would be required for future expenditures. She then opened the floor for questions.

Andres Tejeda Soto, Committee Member, inquired about the decrease in tuition. Jordan Lopez, Chief Operating Officer, clarified that the decrease was due to a lower per-pupil rate rather than a drop in enrollment, which has remained steady, with only a few student withdrawals this year.