Seaside School, Inc

Minutes

Finance Committee Meeting

Date and Time

Tuesday August 18, 2026 at 9:00 AM

Location

Finance Committee Meeting 
Tuesday, August 18 · 9:00 – 10:00am
Time zone: America/Chicago
Google Meet joining info
Video call link: https://meet.google.com/pcx-kdwh-vbu

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.

Committee Members Present

A. Jordan, F. Brown, J. Mathis, N. McGonagle

Committee Members Absent

J. Doris

Guests Present

D. Ward, K. Tucker, L. Meadows, T. Peterson

I. Opening Items

A.

Record Attendance

B.

Call the Meeting to Order

F. Brown called a meeting of the Finance Committee Committee of Seaside School, Inc to order on Tuesday Aug 18, 2026 at 9:00 AM.

C.

Minutes Approval

F. Brown made a motion to approve the minutes from Finance Committee Meeting on 06-16-26.
A. Jordan seconded the motion.
The committee VOTED to approve the motion.

II. Finance

A.

School Budget Updates and Reports

Discussion by Lily Meadows of SFS. Overview of financials. FEFP and LCIR receivable will continue to increase until student count updated for FEFP and receiving LCIR at the end of Jan or beginning of February.

 

Still working on Triumph - Drew and Kelly Jo.

 

First month of financials consistent with budget.

 

Discussed student count and getting updated numbers from Drew and Tricia to provide to Lily. Will present the budget at the board meeting for approval.

 

Income statement not available but reviewed the balance sheet.

F. Brown made a motion to Recommend to the board to approve the FY 25/26 financials.
A. Jordan seconded the motion.
The committee VOTED to approve the motion.

B.

Foundation Updates and Reports

Kav provided an update on the foundation. Working on the appraisal and rent analysis. 

C.

Triumph Update (if not covered in financial update)

Covered in financial update

D.

Approval of the 2026-2027 Seaside Budget

F. Brown made a motion to Recommend to the board to approve the FY 26/27 budget.
A. Jordan seconded the motion.
The committee VOTED to approve the motion.

III. Closing Items

A.

Adjourn Meeting

A. Jordan made a motion to Adjourn meeting.
N. McGonagle seconded the motion.
The committee VOTED to approve the motion.
There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 10:00 AM.

Respectfully Submitted,
F. Brown