Community Regional Charter School
Minutes
Finance and Facilities Committee Meeting
Date and Time
Wednesday April 30, 2025 at 7:00 PM
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 monthly financials
B.
Consolidation Update
As of May 1, 2025 Overman property and Creative Children's Academy property will be publicly listed for sale.
If the properties sell there would be a contingency plan in place so that CRCS could lease the building back for the remainder of the time between closing on the property and when we would move out to the new building.
Travis also shared out some details around the negotiations with the price per acre that CRCS would pay along with utilities.
III. Facilities
A.
Update on facilities across the district
Overman had the broken window at Overman replaced.
All other facilitates have been stay steady without any major issues.
IV. Closing Items
A.
Approve Minutes
Committee agrees upon the minutes.
Jill Alves shared out the monthly financials as well as our 3rd quarter financials including the Financial Performance and Stability Report, Balance Sheet comparing last year and this year at the same time, Budget vs Actuals, and Statement of Cash Flows.
Jill is going to try and have a draft of the updated 3 year projections for the May meetings for a first view and share and then a vote could take place in June.