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Maine Charter School Commission

Finance Committee Meeting

Published on May 6, 2025 at 11:47 AM EDT

Date and Time

Thursday May 8, 2025 at 12:00 PM EDT

Location

Zoom

Agenda

Section Number Topic Number Details Purpose Presenter
I. Opening Items
  A. Record Attendance   Susan Whipkey
  B. Call the Meeting to Order   Leigh Albert
II. Ad-Hoc Agenda Items
  A. School Presentation - CRCS FYI
   
  • Community Regional Charter School will share progress on the acquisition of a new school building site.
  B. Moxie Public School - Final Recommendation Discuss Lana Ewing
   
  • The Ad Hoc Review Committee recommends approving Moxie Public Schools for charter authorization, with an anticipated opening in Fall 2026.
  • Please review the attached recommendation in preparation for the Commission's discussion.

 

                            Note: A formal vote will occur at the May Commission Meeting.
  C. FY26 Budget Discussion and Recommendation Discuss Lana Ewing
   
  • The Education and Cultural Affairs Committee has unanimously approved LD1718: "An Act to Establish the Maine Charter School Commission as a Public Instrumentality of the State."
  • FY26 Draft Budget
  • FY26 Budget Notes
  D. Rubric for Incurring Debt Discuss Lana Ewing
   
  • Review and provide feedback on the draft rubric that will guide decisions when schools request approval to incur debt.
  E. Maine Charter School Funding Document Discuss Lana Ewing
   
  • Review and provide feedback on the draft funding document.
III. Standard Agenda Items
  A. School Finance Report Discuss Susan Whipkey
   
  • School updates will be provided in June.
  B. FY25 Budget vs. Actual Dashboard/Spending Report Discuss Susan Whipkey
  C. Amendment Requests/Fund Requests Discuss Amy Allen
   

None
  D. Requests to Incur Debt Vote Amy Allen
   

None
  E. Updates/Announcements/Reminders FYI Lana Ewing
   
  • FYI - We will resume the carryover funds discussion later this spring or summer.

 
IV. Next Month's Topics
V. Next Meeting Date/Time
 

June 5, 2025 (Zoom)
VI. Closing Items
  A. Adjourn Meeting FYI Leigh Albert