JAMES ISLAND CHARTER HIGH SCHOOL

Finance Committee

Finance Meeting December 2022 - Monday December 12th, 2022 @4:00 PM

Meeting Minutes

Attendance Summary

Name Status Arrival Time Departure Time
Yolanda Chisolm present member On Time At Adjournment
Andrew Drake present member On Time At Adjournment
Timothy Thorn present member On Time At Adjournment
Henry Meeuwse present member On Time At Adjournment
Carrie Holland not present member

Welcome and Call to Order

The meeting will be called to the order by Mr. Thorn at 4:01 PM.

Approval of November 2022 Finance Minutes

Minutes were attached to the agenda.

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: Henry Meeuwse Seconded by: Andrew Drake

There was no notable discussion on the motion.

ESSER III Salary/Budget Adjustment

  • The remainder of the money designated for "Learning Loss" can be put towards Summer Camp, Summer School, Credit Recovery, and EOC tutoring.
  • ESSER funds will replenish the general accounts and cash-on-hand figures when they go through.


Financial Statement

Andrew Cilone presents from Prestige.


Main points:

  • 58% of the operating budget left for the year in most accounts.
  • 30 Days of Cash-on-hand is recommended for schools.
  • JICHS currently has 199 days of cash on hand with all accounts.
  • JICHS has 150 days of cash on hand using the General Operating account.
  • After all proposed capital projects, JI would still have 128 days of cash on hand.  
  • All staff salaries should now be out of the correct account and line item.



Capital Projects

General update. Baseball Press Box and Batting Cage quotes and management of the projects.

The Meeting was Adjourned

The meeting adjourned at approximately 4:43 PM.

Motion to adjourn

By: Andrew Drake Seconded by: Henry Meeuwse

There was no notable discussion on the motion.