Meeting Summary
The Finance Committee met on Tuesday June 24th, 2025 @5:00 PM for what was scheduled to be a 0 hours and 36 minutes long meeting. Present: Mrs. Laticia Sharp (NON-voting; Chief Financial Officer), Ms. Heather Gaylord, Dr. Tunisia Cornelius (Board Member), Ms. Leslie Purifoy Plunkett (board secretary)
The members considered the following items:
1. Welcome and Call to Order
2. Approval of Agenda
3. Finance Committee Work Session
Budget Updates - CFO
- 2024-2025 Enrollment:
- Budget - 449
- Current Funding - 431
- Actual as of May 27, 2025 - 414
- 2025-2026 Enrollment Target - 425 (budget projected - 412)
- Completed enrollment - 396
- Undecided - 17
- No Response - 4
- Property Taxes (Tenant Responsibility) - Tenants are solely responsible for the property taxes.
- Badon Commercial will be reaching out to the tenants. (LIV Fitness and Kirkwood Family Medicine)
- Grady Lease Proposal
- Review the final draft of the FY25 Amended Budget and the FY26 Proposed Budget.
The committee considered 1 motions, of which 0 passed, and 0 failed:
-
Approve the agenda as submitted (proposed)
The meeting adjourned at 5:30 PM