Westside Atlanta Charter School

Finance Committee

August Finance Meeting - Friday August 8th, 2025 @7:00 AM

Meeting Minutes

Attendance Summary

Name Status Arrival Time Departure Time
Chris Tuten present member On Time At Adjournment
Pamela Tanner present secretary On Time At Adjournment
Jessica Weissinger present chair On Time At Adjournment

Finance Report

Operations: Finished the month of July 2025 above budget expectations by 77K MTD due to timing differences and accruals in June

Investments - loss of $1K for the month

AR - $35K for title 1 and $2K for Title 2

Cash position - projecting $6.1M by July 2026 net of cash reserves of $1.4 M (3 months of op ex).

Budget: review and approval - major changes since last month are increase in bonuses based on new structure resulting in net surplus of $687K

The Meeting was Adjourned

The meeting adjourned at approximately 12:37 pm

Motion to adjourn

By: Chris Tuten Seconded by: Jessica Weissinger

There was no notable discussion on the motion.