• Finance Updates
  • Budget Hearing
    • Enrollment 284
      • Currently 70 students short
        • 51 in progress
      • Openings 5-7 and k-1, 2-3 is full 
        • Stopped enrolling grades 2,3,4
    • Rental expenses for modulars - finish 2024
  • Enrollment over the years
    • Under enrollment target each year
    • We can hold maximum 270 students with modulars
      • Middle School
        • Starting a basketball program 
      • 3 SCSC schools closing (1 MS & 2 Elementary)
        • ED connecting to board member and school leader
          • Schools identified us as a preferred school 
          • Targeted middle school family 
    • Evidence shows when families leave they often want to return 
    • Rebranding 
  • Expenses
    • Personnel expense increasing
    • Higher curriculum and school costs
    • Will be contracting our social worker
      • SEL Counselor working with at risk group 
      • School social worker support students with IEP
      • Occupational therapy, speech therapy
      • We haven’t given any new vouches to Walk of Life 
    • Biggest cost - facilities
      • Will see reduction in expense if we transition out of modulars in Sept
  • Grant Opportunities
  • Fundraiser and back to school things
  • Small boost in enrollment #s when we build excitement - the school is coming
  • Currently 2 security (day and night)
    • We won’t need night time security when we move into the building
    • We will have security alarms in the school 
• Biggest Concern
  • Cash Flow 
    • Cash Flow aft the Oct QBE count
  • High facilities cost due to modulars at beginning of the year strain on cashflow
• Fundraising
  • Auction - what would you like to sponsor?
  • Juneteenth Fundraiser 
    • Tie it to our new building
  • Eric - Treasurer

Governance Training - due by June 30th

Public comment was asked for. No public comment was made.