Community Regional Charter School
Minutes
Finance & Facilities Committee Meeting
Date and Time
Monday June 3, 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)
I. Opening Items
A.
Call the Meeting to Order
B.
Record Attendance
II. Finance
A.
Review Montly Financials
B.
Review of 3 Year Financial Plan
Jill shared out the overview of the document including the comprehensive summary page.
Document will move onto the board for review at the June meeting and then another meeting will scheduled if needed to vote on approval of the 3 Year Financial Plan.
C.
FY25 Budget
No further discussion needed - will be put forward to vote on for approval at the June board meeting
D.
John Shay Memorial Scholarship
John Shay's family is going to fund the difference between what is raised vs the total of the scholarship.
Travis gave an overview of the scholarship.
III. Facilities
A.
Update on facilities across the district
Kit gave an overview of the facilities projects.
The entire list is done for the insurance company.
Looking to setting up a meeting with our possible real estate agent to have a discussion about the First Park site as a viable option.
Getting ready to start reconfiguring the Central Office conference and turning it into a classroom as soon as learners are gone.
IV. Closing Items
A.
Approve Minutes
Committee unanimously agrees upon on the meeting minutes.
Jill shared out the monthly Financial Performance and Stability Report, budget vs actuals sheet, balance sheet with comparison to FY'23, and statement of cash flow