Northwood Academy Charter School

Finance Meeting

Date and Time

Wednesday November 5, 2025 at 5:30 PM EST

Location

You are invited to a Zoom webinar!
When: Jul 2, 2025 05:00 PM Eastern Time (US and Canada)
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Topic:  Finance Committee Meeting

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This is a public meeting of the Finance Committee of the Board of Trustees of Northwood Academy Charter School that was properly advertised pursuant to the Pennsylvania Sunshine Act. The public meeting schedule is posted at the school and on the website.

 

Members of the public are welcome to attend and listen to the Finance Committee conduct its business tonight. All written comments submitted to the Committee via email (board@northwoodcs.org) will be acknowledged and incorporated into the official minutes. This meeting is accessible to the public via the remote platform Zoom and is being recorded.

Meeting will be conducted via Zoom platform with the ability to join via phone as well.

Join Zoom Meeting: https://us02web.zoom.us/j/81039841245

 

 

 

Agenda

Section Number Topic Number Details Purpose Presenter Time
I. Opening Items 5:30 PM
  A. Call the Meeting to Order   Kristine Spraga 1 m
   

To call the meeting to order.

 
  B. Record Attendance   Kristine Spraga 2 m
   

To record the attendance of the November 5, 2025 meeting.

 
  C. Approve Agenda Vote Kristine Spraga 1 m
   

To approve the agenda for the November 5, 2025 meeting.

 
  D. Approve previous Meeting Minutes from October 1, 2025. Approve Minutes Kristine Spraga 1 m
   

Approval of the minutes from the October 1, 2025 Finance Meeting.

 
     
  E. Community Comment Discuss Kristine Spraga 1 m
   

No Community Comment for the November 5, 2025 meeting.

 
II. CBAs, Resolutions & Discussion Items 5:36 PM
  A. Resolution: 2025.1102: Revised 25-26 SY Budget Vote Kristine Spraga 5 m
   

to approve the revised 25-26 SY Budget to reflect the 14% per pupil allotment.

 
  B. Resolution 2025.1103: Business Policies Vote Kristine Spraga 5 m
   

to approve the following Business Policies presented by YPTC and approved by counsel.

1- Capital Expenditures Policy

2- Procurement Policy

3- Credit Card Use Policy

 
  C. CBA 2025.1010: Additional HVAC Work (updated) Vote Kristine Spraga 5 m
   

to approve the additional cost of the HVAC repair work completed on the K-1 wing in the amount of $7294 bringing the total cost to $33,534.

 
  D. CBA 2025.111: Adjustment of Elevator Repair Quote Vote Kristine Spraga 5 m
   

to approve the adjusted amount of the elevator repair quote, with a projected additional cost of $27,000. The original quote was for 85,000, bringing the total to $112,000.

 
  E. CBA 2025.112: Repair of Cracked Pipes Vote Kristine Spraga 5 m
   

to approve the repair of the cracked pipes throughout the building, with a highest projected cost of $19,608.08. This work to be completed over the winter break.

 
  F. CBA 2025.113: Omega Exterior Gate Key Fobs Vote Kristine Spraga 5 m
   

to approve the cost of the exterior gate key fobs through the current service provider Omega, with a projected cost of $20,500.

 
  G. CBA 2025.114: Additional Special Education Teacher Vote Kristine Spraga 5 m
   

to approve the additional position and salary of a Special Education Teacher. 

 
  H. Discussion: Mortgage Re-Finance Discuss Kristine Spraga 5 m
   

to discuss the status of the mortgage re-finance.

 
  I. Discussion: Status of the current RFP's Discuss Christopher Jones 5 m
   

to discuss the status of the current RFP's.

 
  J. Discussion: Possibility of 3 SPED students moving to APS Discuss Frank Viall 5 m
   

to discuss the cost of the APS placements for 3 SPED students and the possibility of no 4010 coverage due to placement being in NJ.

 
III. Closing Items 6:26 PM
  A. Adjourn Meeting Vote Kristine Spraga 1 m
   

To adjourn the November 5, 2025 Finance meeting.