Approve the agenda as submitted
By: Timothy Thorn Seconded by: Henry Meeuwse
There was no notable discussion on the motion.
JAMES ISLAND CHARTER HIGH SCHOOL
Finance Committee
April Finance Meeting - Tuesday April 14th, 2020 @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 |
| Henry Meeuwse | present chair | On Time | At Adjournment |
| Timothy Thorn | present member | On Time | At Adjournment |
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Welcome and Call to Order
The meeting will be called to the order.
Approval of Finance Agenda
So that there is an agreement between committee members on the agenda, and the amount of time spent on the meeting, the committee 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 through agenda as specified.
Approval of Minutes from Mar 9, 2020
Approve the minutes as submitted
By: Timothy Thorn Seconded by: Yolanda Chisolm
There was no notable discussion on the motion.
Financial Statement
Prestige
1st page income statement- gain loss investment account Bonds was 28 k.
EFA was increase because of the 135 day count.
Printing and budgeting will need to be increased to 32k
Library and Media Services has 5k that will be moved to another line.
Other Fees and Charges needs to be increased.
We should be at 25% should be left in the budget.
Should Zero out vending machine and refunds for field trips? We need to wait till we know if school will be closed for last quarter. Table- Till next month.
Questions
Technology line- we need to keep this line item because of Covid-19 we didn't place our current order but it will be ordered over the summer.
Busing- The bill has been inconsistent so we need to keep it on the line budget.
Reduced state pupil allocation 20-30 mill loss of revenue over the next 2 years possibly.
2020-2021 Budget Review
Prelim first reading of budget-
No increase as of right now until we hear from the state and CCSD. All number are based on 2019 budget.
EFA- No increase or Decrease
Legal services will possibly need to be increased because of construction.
Repairs and maintenance- Possible HVAC replacement and projects. Thorn will reach out to Marty to get more incite.
Thorn will reach out for a projected per pupil account from CCSD.
Vape quote
The People office vapes are used at BE Mrs Holland and Mr. Edwards went to the school for the visit & its the cheapest. it will be about 30k.
The Meeting was Adjourned
The meeting adjourned at approximately 4:58 pm
Motion to adjourn
By: Timothy Thorn Seconded by: Henry Meeuwse
There was no notable discussion on the motion.