We do not have a quorum so will approve these minutes next month.

The finance committee has a close to final set of goals for this fiscal year. The board of trustees strategic planning session next week will provide an opportunity for discussion of larger priorities and board goals. Finance committee will look back at these goals after the board establishes its goals to ensure that they are aligned, making any revisions to finance committee as needed. We will dedicate next month's meeting to finalizing goals as Lynne will be out.

Ashley Martin was the second signer, back up plan to Rachel if Rachel was unable to sign. Ashley resigning leaves a gap so we want to have Jonathan Swan added as another signer. We will put this on the agenda of the board of trustees for a vote at the November meeting. 

Denise noted that the monthly financials are as anticipated and asked whether we should approve a revised budget so it is more aligned with projections. Lynne shared more about the variations in tuition based on enrollment and fluctuations in staff. Lynne explained that we have lost students who can't return in person because of medical reasons and families wanting or needing to keep their children home or in a remote program due to the pandemic. Some students left to enroll in the district's remote school, others are being home schooled, some moved and remained on last year in our remote program but are not returning in person. Hence, enrollment is less than assumed in this a-typical year.

Rachel thinks we should approve a revised budget which assumes revenues as we are now anticipating and expenses based on vacancies and other variations. Rachel suggests doing that on a slightly later timeline this year given the actuals are not locked in yet this year, December or January may be the right time. Rachel talked about staffing, hiring and vacancies. She explained coverage demands and other stressors on teachers and how the team is responding with efforts to infuse joy and retain our teachers so we can keep building for the future. 

Denise asked about expenditures related to the high school. Rachel shared that we made our first hire and have another position posted.  Denise asked about ordering of furniture and equipment given supply chain delays, Lynne shared some of the decisions that are on deck and plans for ordering. We have plans in place to make orders with enough lead time but it is a concern to keep an eye on and manage well around.