Motion to adjourn
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 April 2026 below budget expectations monthly by 13K MTD and above budget 751K YTD
Why?
MTD Timing Differences 23k of stipends absorbed by operating account. Offset by gains on investment and cash accounts. Timing differences. YTD Earnings on investment and cash accounts 123K; 345K budgeted for Reserve with no charges against reserve YTD ; Under budget in New Tech 77K and substitutes 15K ; Timing differences. Under budget in food cost 46K. Salaries absorbed by Title 1 77K. Timing differences
Investments: $12K gain for month
AR: Title 1 and 2 from last month still outstanding
Received our adjusted QBE Final Payment for May 2026, (see attached). Final payment totals (1,068,944 vs 900,000 budgeted. Plus 169K). Plus 130K.Reason: State T&E increase. APS Fund Balance increase from 13 million to 20 million.
For review at Board meeting: CPA engagement letter for audit and tax services - fits within budgeted amount
The meeting adjourned at approximately 1:37 pm
Motion to adjourn
There was no notable discussion on the motion.