Simple Vue Academy
Minutes
Finance Meeting
Date and Time
Wednesday April 15, 2026 at 12:00 PM
Location
Committee Members Present
A. Giles, A. Helton, E. Estrada-Olufade
Committee Members Absent
None
Guests Present
M. Felts
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
A. Helton called a meeting of the Finance Committee of Simple Vue Academy to order on Wednesday Apr 15, 2026 at 12:13 PM.
C.
Approve Minutes
A. Helton made a motion to approve the minutes from Finance Meeting on 03-18-26.
E. Estrada-Olufade seconded the motion.
The committee VOTED to approve the motion.
II. Finance
A.
Monthly Financials
B.
SCSC Financial Dashboard
Erika will contact Candace to ensure this is included in future financial packets.
C.
Financial Policies
Morgan informed the Committee that 21Co is updating policies to be presented to the Board in May or June.
D.
Fundraising Update
Fundraising Update: on track for 100% participation.
III. 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 1:00 PM.
Respectfully Submitted,
E. Estrada-Olufade
Financial challenges continue to stem from cash flow issues. Revenue forecasts have been revised downward due to LFMS being higher than anticipated. There are questions and discussions regarding the decrease in reimbursable CSP expenses. The draft budget for FY27 will be prepared in time for the May budget hearing. The committee emphasizes the importance of being careful and strategic when considering enrollment numbers for the FY27 budget.