Seaside School, Inc

Minutes

Monthly Finance Committee

Date and Time

Tuesday October 15, 2024 at 9:00 AM

Location

Seacoast Collegiate High School

109 Greenway Trail

Santa Rosa Beach, 32459

 

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

D. Lilienthal (remote), F. Brown, K. Tucker (remote), L. Meadows (remote), T. Brooks, T. Miller (remote)

Committee Members Absent

A. Jordan, N. Vlahos

Guests Present

J. Doris (remote), T. Peterson (remote)

I. Opening Items

A.

Record Attendance

B.

Call the Meeting to Order

F. Brown called a meeting of the Finance Committee of Seaside School, Inc to order on Tuesday Oct 15, 2024 at 9:05 AM.

C.

Approve Minutes

F. Brown made a motion to approve the minutes from Chip Monthly Finance Committee on 09-17-24.
D. Lilienthal seconded the motion.
The committee VOTED to approve the motion.

II. Finance

A.

Audit Review

F. Brown made a motion to Approve the audit for the 2023-2024 fiscal year to be sent to the FDOE and WCSD.
T. Brooks seconded the motion.

Bob Walker met with us to share the clean audit and no findings or reported conditions. 

The committee VOTED to approve the motion.

B.

School Budget Updates and Reports

We are chasing funds and this process takes a great deal of thought and strategy to ensure we are meeting all of these requirements.

 

The critical decisions will be around the cash flow late fall through the next financial drop in February to ensure the school can maintain operational expenses. 

 

The school has requested full funding from the Foundation ($260,000) early. 

 

We will schedule a cash flow meeting. 

 

We will need to plan for the start of the school year expenses next year to make sure we are not in a cash flow crunch at the beginning. 

 

Recommendation to approve the financials. 

F. Brown made a motion to Approve current budget documents.
T. Brooks seconded the motion.
The committee VOTED to approve the motion.

C.

Foundation Updates and Reports

The golf outing netted just over $100,000 and funds continue to come in from past agreements. 

D.

Budget Updates

III. Other Business

A.

Triumph Update

Funding will be able to be requested (funds that support the awarding of a certification or milestone)

Staffing, equipment, infrastructure

B.

Big goals for the year

C.

Furniture Proposals

Two groups have continued to share proposals for furniture. There have been multiple meetings and communications with staff. The goal is to vote in November.

 

Funding is currently secured in the loan, but grants and donations will be sought. 

IV. Closing Items

A.

Adjourn Meeting

There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 9:39 AM.

Respectfully Submitted,
F. Brown
Documents used during the meeting
  • 2024 the seaside school inc.pdf