Seaside School, Inc

Finance Committee Meeting

Published on September 14, 2026 at 4:06 PM CDT
Amended on September 15, 2026 at 10:04 AM CDT

Date and Time

Tuesday September 15, 2026 at 9:00 AM CDT

Location

Monthly Seaside Finance
Tuesday, June 16 · 9:00 – 9:45am
Time zone: America/Chicago
Google Meet joining info
Video call link: https://meet.google.com/jyi-ykqa-vpb

Founded in 1996
Serving Students in Grades 5 - 12

 

We seek to sustain an educational community where an emphasis on academic excellence is complemented by our concern for each learner’s personal growth and intellectual, aesthetic, and psychological development. The curriculum is developmentally responsive – actively engaging students in learning skills in context, integrative – directing students to connect learning to daily lives, and exploratory – enabling students to discover their abilities, interests, learning styles, and ways that they can make contributions to society.

 

 

Information on procedures for public comment can be found at https://www.seasideschools.net/domain/35.

 

If anyone needs special assistance to participate in the public input session, every effort will be made to provide an appropriate accommodation. When requesting accommodations for public input, please allow no less than 1 business day notice prior to the scheduled meeting.

 

Specific issues about a particular student should only be addressed to the school’s Director of Student Services, rather than the Board of Directors.

 

All public comments will be taken under advisement by the Board, but will not elicit a written or spoken response. The names of persons providing public comment and a brief summary of topics or input will be included in the meeting minutes published. A response will be provided to the stakeholder within seven (7) days.

Agenda

Section Number Topic Number Details Purpose Presenter Time
I. Opening Items 9:00 AM
  A. Record Attendance   Frank “Chip” Brown 1 m
  B. Call the Meeting to Order   Frank “Chip” Brown 1 m
  C. Minutes Approval Approve Minutes Frank “Chip” Brown 5 m
    Approve minutes for Finance Committee Meeting on August 18, 2026  
II. Finance 9:07 AM
  A. School Budget Updates and Reports Vote Lily Meadows 30 m
   

August 2026 Financials

 

  • Cash Balances
  • Revenue Receivables
    • FEFP is being paid on 574.43, whereas I am accruing based on 638 (budget), you will continue to build a receivable until this is balanced.
    • Capital Outlay will be paid starting in September, LCIR will not be paid until February, but I am accruing 1/12th each month based on 638 FTE.
    • Triumph, still recording expenses as indicated by Tricia and recording revenue to offset. – Primarily salaries in receivable.
    • Foundation due to/from is driven by the lease payment and the credit card activity, however they do have their own card.
    • The Lease payment is accrued based on the last agreement - $14,000/mo. Please send the updated agreement when available.
      • Another related piece of this is the shared services agreement between the School and Foundation; if there is something final please share that with me so I can ensure I have things recorded accordingly.
  • Overall, in the second month of the fiscal year the school is showing a surplus of $488,720.
  • I expect that the school will need cash support before December. Has there been conversations of the timing of this?
  • We also need to confirm the Teacher Salary Allocation Plan this month.
 
  B. Foundation Updates and Reports Discuss Kav Tucker 10 m
   

Foundation Updates

 

 

 

 

 

 

 
  C. Triumph Update (if not covered in financial update) FYI Tricia Peterson 5 m
  D. Executive Director Pay Discuss Frank “Chip” Brown 5 m
III. Closing Items 9:57 AM
  A. Adjourn Meeting Vote