Presented by Arlene Samuels

• Presented the April 2026 financial reports to the Committee.
• Reported total revenue of $7,238,992.02 and total expenses of $6,899,695.82, resulting in a net income of $339,296.20.
• Reviewed cash flow projections, account balances, and outstanding expenses.
• Provided updates regarding Title I, IDEA, E-Rate, and additional grant funding.
• Reviewed bank reconciliation reports for operating, nutrition, student activity, and reserve accounts.
• Discussion occurred regarding vendor credits and outstanding facility-related invoices.

Presented by Diane Freeman

• Provided updates regarding Title I and IDEA drawdowns and reimbursement activity.
• Reported approval of the CIRAS Student Mental Behavioral Health Grant in the amount of $20,000.
• Shared that grant funds will support teletherapy services through approved vendors.
• Noted that grant funds may carry over into the 2027 school year.
• Reminded the Committee that the FY27 CLIP submission is due June 30, 2026 and will require Board review prior to submission.

Presented by Wendy Grimes

• Provided updates regarding ongoing campus maintenance and facilities projects.
• Discussed repairs related to bathroom fixtures, plumbing, electrical outlets, and middle school water fountain sensors.
• Reported that restoration work related to prior bathroom fire damage is substantially complete, pending final fixture installation.
• Reviewed preliminary vendor quotes for the proposed multipurpose basketball court project.
• Shared that current project estimates range from approximately $17,000 to $53,000 depending on project scope and materials.
• Noted that additional vendor quotes for facilities projects remain pending.

Presented by Chantelle Blake

• Presented the proposed FY27 Board and Committee Meeting Calendar for review.
• Reviewed the proposed meeting schedule for July 2026 through June 2027.
• Discussed alignment of Academic Committee meetings to the first week of the month based on Committee feedback.