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 May 2026 above budget expectations monthly by 194K MTD and above budget 910K YTD
Why?
MTD Final QBE payment 168K more than budgeted.
YTD Earnings on investment and cash accounts 141K; 345K budgeted for Reserve with no charges against reserve YTD ; Under budget in New Tech 47K and substitutes 15K ; Under budget in food cost 65K. Salaries absorbed
by Title 1 77K. Timing differences
Investments: Gain of $6K for month of May
AR: balance is zero - all collected
Facility grant - additional $100K granted - backup for reimbursement has been submitted to APS.
Review of 26/27 budget (budget hearings upcoming at board meetings in June and July). Final QBE funding unknown at this time, but based on no increase from PY there is a surplus of $521K in proposed budget after all salary increases taken into account.
The meeting adjourned at approximately 1:40 pm
Motion to adjourn
There was no notable discussion on the motion.