Discussion on the August financials which are predicated on the 290 students billed, against the 308 students in Power School ensued.  It was noted that the discrepancy would be captured in the P3 billing.  P3 Billing is intended to be issued sometime in the week of October 6th.

A lengthy discussion was had on enrollment, students in seats, and how to balance proposed budget adjustments against a realistic enrollment target.  After much discourse it was agreed that BEDS day student count would be used as the basis for which budget modifications would be made.  Ms. Moree also indicated she would ask the Business Administrator to model several different budget scenarios with different enrollment targets.  

Separately, Dr. Large noted that the heating/cooling system is at the end of its useful life.  Replacement is estimated at around $100,000.  He was advised to get at least three estimates for the replacement of the equipment, and to evaluate whether rebates are available to offset the overall cost.  It was noted that the replacement was not an option.

Audit work continues and should be completed for draft reviews by mid-October.