Brevard Academy
Minutes
Monthly Finance Meeting
Date and Time
Wednesday October 16, 2024 at 12:15 PM
Mission:
The Mission of Brevard Academy is to prepare its students to achieve academic excellence through the Core Knowledge Sequence. Through a partnership involving students, teachers, and parents the school strives to create citizens with strong moral character and active intellectual inquiry.
Vision:
Brevard Academy: A Challenge Foundation Academy (BA-CFA) a K-8 public charter school develops and encourages motivated, intellectually curious students who are skilled in critical thinking, individual expression, and problem-solving. From their diverse backgrounds, students accept our challenge to pursue personal and academic excellence. Through this pursuit, they become confident members of their community who lead by serving others.
Strategic Goals:
- Provide Effective & Innovative Learning Environments
- Recruit, Hire and Retain Highly Effective Personnel
- Use Resources Effectively & Be Fiscally Responsible
Committee Members Present
Emily Webb, Juli Lefler (remote), Paul Cooper, Ted Duncan
Committee Members Absent
None
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
C.
Approve Minutes
II. Finance
A.
Review Financial Reports
B.
Vendor Contract Renewals
Lotterease was renewed last month.
C.
USDA Update
Mr. Cooper let the committee know that two firms are bidding on the civil engineer contract. The civil engineer work will cost approximately $30,000.00.
Once we have the civil engineering work done, we will turn this over to Cooper Construction.
III. Other Business
A.
Review Committee Goals
We currently have $1.3 million in cash reserves.
B.
Review Upcoming School Needs
The school is still in need of a bus.
The cost of a bus would come from unencumbered funds. We will need to review costs as well as the need to decrease expenses in the coming months/years or increase revenue.
IV. Action Items
A.
Bus Costs
Mr. Cooper will discuss bus funding options at the meeting this evening.
V. Closing Items
A.
Announce Date of Next Meeting
November 19 at 8:30 am.
The committee reviewed the BOD budget report.