Welcome and Call to Order

The meeting will be called to the order.

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.

Approval of Minutes

Finance Committee

• Resurgence Hall Charter School: FY26 April Financials
• Reviewed the April FY26 financial performance and updated year-end forecast.
• Year-end forecast increased due to additional scholar fee revenue, partially offset by minor overspending in assessment supplies.
• First grant drawdowns have been submitted, with Title II and Title IV fully reimbursed and additional Title I and IDEA drawdowns in process.
• RHPA continues to maintain a strong cash position and is projected to meet all Comprehensive Performance Framework (CPF) fiscal performance standards with a projected Fiscal Viability Score of 90.
• Resurgence Hall Middle Academy: FY26 April Financials
• Reviewed the April FY26 financial performance and updated year-end forecast.
• Year-end forecast was adjusted slightly due to depreciation associated with newly capitalized furniture and minor increases in services and supplies expenditures.
• Grant reimbursement requests are prepared but remain pending due to a Georgia Department of Education portal issue. Drawdowns will be submitted once the system becomes available.
• RHMA continues to maintain a strong cash position and is projected to meet all Comprehensive Performance Framework (CPF) fiscal performance standards with a projected Fiscal Viability Score of 90.
• SCSC adds +5 if debt is related to property
• IRS depreciation schedule
• Refinance Updates
• EFF meeting review - consider processing time, tenure, costs, rate
• Mission alignment
• EdTec Agreement

The Meeting was Adjourned

The meeting adjourned at approximately 7:03 pm