Motion to adjourn
By: Chris Tuten Seconded by: Jessica Weissinger
There was no notable discussion on the motion.
| 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 |
Operations:
Finished the month of September 2025 above budget expectations by 124K MTD and 407K YTD
Why?
MTD Timing Differences Timing differences, (61K budgeted for APS property insurance Bill not received). 34K budgeted monthly for loss reserve, (no charges against reserve MTD). 16K income on investments and cash accounts. Under Budget in New Tech and Subs 15K. 9K+ earnings against budget in after school fees.
YTD Earning on investment and cash accounts 25K; 69K budgeted for Reserve with no charges against reserve YTD ; Under budget in New Tech 26K; Timing differences
Sept quarterly Title 1 submission done $20K - currently in AR.
Investments gain of $8K this month
QBE funding will be delayed in October due to APS getting payments late (property tax payments delayed for the city this year). Will split payment into 2 equal payments and be whole by end of the month.
Review and approve filing of 2025 audit.
The meeting adjourned at approximately 1:07 pm
Motion to adjourn
By: Chris Tuten Seconded by: Jessica Weissinger
There was no notable discussion on the motion.