Community Regional Charter School
Minutes
Finance & Facilities Committee Meeting
Date and Time
Monday February 26, 2024 at 5:30 PM
Location
Central Office
Members of the public are welcome to attend and observe these meetings but must be aware that although the meeting is held in public it is not a public meeting and therefore observers are not permitted to speak during the meeting itself, except during public comment.
Committee Members Present
C. Hansen (remote), S. Saltzman (remote)
Committee Members Absent
None
Guests Present
A. Savage (remote), J. Alves (remote), K. Canning (remote), N. Reinholt (remote), T. Works (remote)
I. Opening Items
A.
Call the Meeting to Order
B.
Record Attendance
II. Finance
A.
Review Montly Financials
III. Facilities
A.
Update on facilities across the district
Continuing to work on the list for the insurance company
- CCA and Central Office is being sided.
- Dealing with some heat issues at Overman.
Going to be showing the Charter Commission that our Maintenance budget is going to be continuing to increase due to maintaining the buildings - no big projects just cost to keep everything going
Raymond James (Possible Underwriters) - will present at the next board meeting in March to look at financials for a possible new building
Travis and Kit met with a realtor last week to get some ideas about what some possibilities might be for our buildings if we decide to move to one building and build somewhere else.
For next finance committee meeting, add a full review of all of the insurance tasks that needs to be done and where everything is at.
IV. Other Business
A.
FY 25 budget
Travis and Jill are starting to look at the FY25 budget draft.
1st draft of the FY25 budget will be looked at at the March finance and facilities meeting.
V. Closing Items
A.
Approve Minutes
Committee unanimously agreed upon the minutes.
Jill Alves shared the monthly financials including our Financial Performance and Stability Report.