Welcome and Call to Order

The meeting will be called to the order by Principal Thorn at 2:00 PM.

Approval of December Finance Meeting Minutes

For approval.

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.

Financial Statement & CCSD Charter School Formula

Prestige December Finance Report presented by Andrew Cilone.

Prestige Report

We are currently halfway through the school year. Our cash on hand in General operating is currently at 52 days and cash on hand in Ameriprise is 95 days for a total of 147 days cash on hand, a decrease from 158 days last month, primarily due to ongoing construction costs, which we expect to end soon.

Enrollment numbers for budgeting purposes were adjusted from 1584 to account for early winter graduates and our students currently enrolled in program schools.

CCSD Charter School Formula (Per Pupil Allocation)

We received our new per pupil allocation from CCSD. That number came in at $10,141.00, which was $140 per person higher than was expected.

Captial Projects Review

Informational

We discussed potential athletic projects, including installing practice lights for both fields—one beyond the tennis courts and the other behind the stadium. One of these fields has already been paid for, and with the reimbursement from the track project, the cost of the second field will be covered. The lights for both fields would be LED, providing long-term cost savings for the school. The ongoing stadium project. CCSD has increased this budget.

Another project on the list is upgrading the lighting in the PAC, transitioning from incandescent to LED bulbs.

The other project the was on the list is desire to build two science classrooms. This was approved and permitted before we had to shelf it.

The preforming arts teachers would like another classroom in their space.

Science Classroom Addition

Given the current budget, the Board could consider this project again. The permitting will still be valid when the baseball project concludes at the end of February. We would keep Atlantic South as our project management company. Mr. Thorn and Henry Schumacher would meet with representatives from Clancy Wells and Hill Construction to get updated realistic quotes to present to the Board.

PAC Lighting Conversion RFP

Informational.

Convert all PAC lighting to LED. Charles Bateman is currently working on quotes.

• JICHS PAC Lighting Conversion RFP (Request For Proposal)
• High Output Quote1 and High Output Quote 2
• Additional colored moving/mechanical spots not currently quoted.

The Meeting was Adjourned

The meeting adjourned at approximately 2:09 pm