JAMES ISLAND CHARTER HIGH SCHOOL

Finance Committee

Finance Meeting May 2023 - Tuesday May 9th, 2023 @2:15 AM

Meeting Minutes

Attendance Summary

Name Status Arrival Time Departure Time
Yolanda Chisolm present member On Time At Adjournment
Timothy Thorn present member On Time At Adjournment
Henry Meeuwse present member On Time At Adjournment
Archie Temoney present member On Time At Adjournment
Carrie Holland present member On Time At Adjournment
Josh Stokes present member On Time At Adjournment

Approval of April Finance Meeting Minutes

Motion to approve

By: Henry Meeuwse Seconded by: Yolanda Chisolm

There was no notable discussion on the motion.

Approval of Agenda

So that there is agreement between board members on the agenda, and the amount of time spent on the meeting, the board shall vote to approve an agenda for the meeting. To the best of its ability, it will follow that agenda, and allow for the chair to move the board through the agenda as specified.

Approve the agenda as submitted

By: Josh Stokes Seconded by: Henry Meeuwse

There was no notable discussion on the motion.

SchoolPass Classroom Devices

Mr. Thorn presented.

Modern Turf Quote for approval

Table until the decision is made to have grass or turf.

YONDR Quotes

Still in discussions. Cellphone committee needs to make a decision.

Stadium Fencing

Maynard's quote came in around 130K, could see it going up to 150K, for all the fencing to be redone, decorative and chain-link. Mr. Thorn is in favor of the quote and keeping the same vendor that CCSD uses.


Discuss is tabled for now.

Daktronics

  • Just for the football stadium for now. $350,000 quote.
  • Will be asking them to present at the board meeting.
  • Potential to make $100,000 in ads alone. It would pay for itself in 3 years.



Stadium Project

Mr. Thorn presented.

Basketball Coach

Mr. Thorn briefed. Currently looking for a basketball coach.

SPED Staffing

We have 3-4 special needs students coming to our school from CRMS that had one on one aides. We will be required by their IEP and federal law to provide these aides. It's already provided for in the budget. Funding covers about one-third to one-half the cost of the aide.

Welcome and Call to Order

The meeting will be called to the order at 2:15.

School Pass Quote

Quote is $16,000 but we cannot move forward because we're not sure if we will get approval from CCSD to work through PowerSchool.

FY24 Budget

Andrew Cilone from Prestige presented.

Motion to accept this budget for this first reading.

By: Josh Stokes Seconded by: Henry Meeuwse

There was no notable discussion on the motion.

Staff Bonuses- FY 23 and FY24

Add as an agenda item to bring to the Board of Directors next week.

Financial Statement

Reviewed the April 2023 Financial statement. Andrew Cilone with Prestige presented.

CCSD Proposed 190 Day Teacher Salary Schedule

Mr. Thorn presented the proposed CCSD 190-Day Teacher Salary Schedule.

  • By law we have to match or exceed what CCSD pays.
  • Base our budget on a projected increase of $2,500 across the board for now until CCSD confirms its new budget for the 2024 school year.

Edward Jones Presentation

Brad Harrill presented different investment strategies with Edward Jones.

  • How much cash would we move to Edward Jones?
  • We will keep 70 days of cash on hand in the operating account.
  • Roughly a week to open an investment account.

Motion made to leave 70 days cash on hand, leave all the money in the student activity account and the rest will be invested with Edward Jones on a 3, 6, 12 month schedule.

By: Josh Stokes Seconded by: Henry Meeuwse

Vote is as follows:


Tim Thorn - yes
Henry Meeuwse - yes
Yolanda Chisolm - yes
Josh Stokes - yes
Carrie Holland - yes
Archie Temoney - yes

The Meeting was Adjourned

The meeting adjourned at approximately 3:46 pm

Motion to adjourn

By: Henry Meeuwse Seconded by: Carrie Holland

There was no notable discussion on the motion.