JAMES ISLAND CHARTER HIGH SCHOOL

Finance Committee

Finance Meeting September 2025 - Tuesday September 9th, 2025 @2:00 PM

Meeting Minutes

Attendance Summary

Name Status Arrival Time Departure Time
Yolanda Chisolm not present member
Timothy Thorn present member On Time At Adjournment
Carrie Holland present member On Time At Adjournment
Henry Meeuwse present member On Time At Adjournment
Nick Schumacher present member On Time At Adjournment
Bray Maxwell present member On Time At Adjournment
Anne Wright present member On Time At Adjournment
Christina McCoy present Parliamentarian On Time At Adjournment

Welcome and Call to Order

The meeting will be called to the order at 2:03 PM.

ZOOM MEETING INFO

Zoom info: JICHS Finance Committee Meeting Link

Meeting ID: 823 2556 5249

Pascode: 850856

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.

To approve the Agenda as submitted.

By: Carrie Holland Seconded by: Henry Meeuwse

There was no notable discussion on the motion.

APPROVAL OF AUGUST MINUTES

To approve the August minutes.

By: Carrie Holland Seconded by: Henry Meeuwse

There was no notable discussion on the motion.

Financial Statement

Prestige presented by Andrew Cilone

  • Andrew explains the financial statements for August 4, 2025, focusing on the 8.33% monthly rule for major expenses.
  • The Actual cash on hand is 142, not the reported 158, and enrollment is still funded at 1588.
  • Operating and total net income are both in the negative, expected to improve in the second half of the year.
  • Daily burn increased from around 58,000 to 72,000 due to bus purchases and other expenses.

J. Evans Curb Stop Quote

To approve J. Evans Curb Stop Quote.

By: Nick Schumacher Seconded by: Henry Meeuwse

There was no notable discussion on the motion.

Additional Funds for IB/AP Budget

Presented by Carrie Holland

To approve a $35,000 budget increase for IB and AP.

By: Henry Meeuwse Seconded by: Anne Wright

There was no notable discussion on the motion.

John Deer Gator Quote for Maintenance

To approve John Deer Gator Quote for the Maintenance Department.

By: Nick Schumacher Seconded by: Henry Meeuwse

There was no notable discussion on the motion.

The Meeting was Adjourned

The meeting adjourned at approximately 2:42 PM.

Motion to adjourn

By: Carrie Holland Seconded by: Anne Wright

There was no notable discussion on the motion.