Pataula Charter Academy, Inc (Serving Pataula Charter Academy and Spring Creek Charter Academy)
Minutes
August Finance Meeting
Date and Time
Monday August 18, 2025 at 5:00 PM
Location
PCA INC Board Room
Committee Members Present
C. Boyd, C. Weathersby, G. Flowers, H. Worsley, J. Earp, K. Holley, L. Hixon
Committee Members Absent
None
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
C.
Approve Minutes
D.
Approve Agenda
II. Finance
A.
Pataula - Monthly Financial Reports
B.
SCCA - Monthly financial reports
Cheryl Weathersby presented the committee with June 2025 financial reports. This is the final report from FY 2025. SCCA ended the year with revenue 5% over budget and expenses over by 11%. The board made several large purchases after the amended budget was approved, which resulted in overspending. They are on target to meet the financial CPF for FY 25.
C.
SCCA - Architect Agreement Amendment
D.
SCCA - Construction budget update
Cheryl Weathersby, with the help of our owner's representatives, gave the committee an update on construction. She presented the committee with renderings of the building and master plan. There was also an overview of the construction budget, and there was a long discussion about financing. USDA is still reviewing our loan application, and we hope to have a recommendation made to the National Office very soon.
Cheryl Weathersby presented the committee with June 2025 financial reports. This is the final report from FY 2025. Pataula ended the year with revenue 3% over budget and expenses only over 2%. They are on target to meet the financial CPF for FY 25.