JAMES ISLAND CHARTER HIGH SCHOOL

Finance Committee

Finance Meeting March 2024 - Tuesday March 12th, 2024 @2:00 PM

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
Archie Temoney not present member
Carrie Holland present member On Time At Adjournment
Josh Stokes present member On Time At Adjournment

Welcome and Call to Order

The meeting was called to order at 2:15 PM.

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.

Motion made to approve the agenda.

By: Josh Stokes Seconded by: Yolanda Chisolm

There was no notable discussion on the motion.

Approval of Minutes

Motion made to approve the February 2024 Finance meeting minutes.

By: Josh Stokes Seconded by: Carrie Holland

There was no notable discussion on the motion.

Financial Statement

Presented by Andrew Cilone of Prestige. There is 70 days Cash on Hand in the Operating account and 123 days Cash on Hand in the Ameriprise account for a total of 193 day, which is up from last month.



FY25 Budget for Reivew

This is based on a 2% estimate per pupil increase. When the 135 Day Count comes in the numbers will be plugged in to see if it makes any changes.

BSN Quote for New Padding

For approval. We will redo all the mat's in the old gym to match the new gym. This will extend the mat's and protect the pillars.

Motion to approve the BSN Sports quote of $20,636.08 for new wall mats in the old gym.

By: Josh Stokes Seconded by: Yolanda Chisolm

There was no notable discussion on the motion.

Track Change Order for Review

Mr. Thorn presented. This was more informative. Quote was reduced from $530,000 to $465,000. There is less work than they thought that needs to be completed.

Executive Session

Personnel Matter

Motion to go into Executive Session.

By: Josh Stokes Seconded by: Carrie Holland

There was no notable discussion on the motion.

The Meeting was Adjourned

The meeting adjourned at approximately 3:34 pm

Motion to adjourn

By: Josh Stokes Seconded by: Carrie Holland

There was no notable discussion on the motion.