Final

Breakthrough Public Schools

Breakthrough Finance Committee Meeting

Date and Time

Wednesday April 10, 2024 at 4:30 PM EDT

Location

Zoom

Agenda

Section Number Topic Number Details Purpose Presenter Time
I. Opening Items 4:30 PM
  A. Record Attendance   1 m
  B. Call the Meeting to Order  
  C. Approve Minutes Approve Minutes 1 m
II. February & March 2024 Financials 4:32 PM
  A. February & March Financial Reports Discuss Celeste Farmer 20 m
   

Review and discuss year-to-date and projected financials for the Schools and BPS. 

  
  B. Finance Committee Metrics Discuss Celeste Farmer 5 m
   

Review the current status of Board Financial Metrics

  
III. FY25 Budget 4:57 PM
  A. FY25 Budget Overview Vote Celeste Farmer 30 m
   
  • -FY25 Budget
  • -FY25 CMO Fee Proposal
  • -Sustainability Fund
  
  B. Five-Year Forecast Update Discuss Celeste Farmer 5 m
   
  • The Ohio Department of Education and Workforce requires that community schools submit five year forecasts twice annually (O.A.C. 3301-92-04). The five-year forecast serves as a tool to assess the financial health of each community school.
  • The April 2024 Five-Year Forecast drafts reflect the actual audited financials for FY21-23, and projected totals for FY24-FY28.
  
IV. Miscellaneous Updates 5:32 PM
  A. Consent Agenda Preview FYI Celeste Farmer 5 m
   

-Credit Card Rewards

-Credit Card holders

  
V. Closing Items 5:37 PM
  A. Adjourn Meeting Vote

Next Meeting: Wednesday May 15th, 2024 4:30-6pm

  • April financial report review
  • Review of 990s
  • Partial Joint Meeting with FOB