Mountainville Academy Board Meeting Agenda November 18, 2021

Notice is hereby given that the Mountainville Academy Board of Trustees will hold a Board Meeting and Executive

Session at 195 S Main Street, Alpine, UT on Wednesday, November 18th at 7:00 p.m.

BOARD MEETING

1. WELCOME & CALL TO ORDER

1. Reverent Remarks

2. Pledge of Allegiance

2. PUBLIC COMMENT

Public Comment is time for the public to give input to the board, but is not a discussion time. Comments are limited

to 1-2 minutes per individual. Individuals wishing to make a longer presentation to the board may request placement

on the agenda by contacting the board secretary or chairman. Administrative items, those regarding the day-to-day

operation of the school, may be referred to the school director for resolution. Individuals who have previously met

with the school director and still have concerns should feel free to participate in the public comment portion of the

meeting.

3. BUSINESS MANAGER'S REPORT

4. CONSENT AGENDA

A. Minutes 10.20.21

5. DISCUSSION ITEMS

A. Board Training B. Director’s Report C. Committee Reports

I. Executive ii. Academic Excellence iii. Finance iv. Development v. Governance vi. Technology vii. FSO Report

D. School 2021-2023 Calendar

E. Teacher Student Success Act Framework 2021-2022

F. New Board Member – Mikelle Kennedy

6. ACTION ITEMS

A. School 2021-2023 Calendar

B. Teacher Student Success Act Framework 2021-2022

C. New Board Member – Mikelle Kennedy

7. CLOSED/EXECUTIVE SESSION

The Board will consider a motion to close the meeting to hold a strategy session to discuss pending or reasonably

imminent litigation, and/or to discuss the purchase, exchange, or lease of real property, and/or the character,

professional competence, or physical or mental health of an individual in conformance with § 52-4-204 and 52-4-205

et. seq., Utah Code Ann.

8. ACTION ITEMS FROM EXECUTIVE SESSION

9. ADJOURN

The public is welcome to attend Mountainville Academy Board Meetings. In compliance with the Americans with

Disabilities Act, those needing special assistance or accommodations should contact the secretary at

sbetteridge@malions.org, giving at least one working day notice.

Mountainville Academy Board Meeting Minutes DRAFT October 20, 2021

Notice is hereby given that the Mountainville Academy Board of Trustees will hold a Board Meeting and Executive

Session at 195 S Main Street, Alpine, UT on Wednesday, October 20th at 7:00 p.m.

In attendance: Marisa Skousen, Janese Vance, Stephanie Cotton-Betteridge, Tanya College, Amy Foote. Jack

Garzella, Nate Adams.

Alece Schow arrived at 7:47

From the public: Mikelle Kennedy

Excused: Adam Martin, Wes Funk, Kasey Hansen

BOARD MEETING

1. WELCOME & CALL TO ORDER Marisa called the meeting to order at 7:06

1. Reverent Remarks by

2. Pledge of Allegiance

2. PUBLIC COMMENT

Public Comment is time for the public to give input to the board, but is not a discussion time. Comments are limited

to 1-2 minutes per individual. Individuals wishing to make a longer presentation to the board may request placement

on the agenda by contacting the board secretary or chairman. Administrative items, those regarding the day-to-day

operation of the school, may be referred to the school director for resolution. Individuals who have previously met

with the school director and still have concerns should feel free to participate in the public comment portion of the

meeting.

3. BUSINESS MANAGER'S REPORT – Nate updated the board on the school budget as of September 30th.

Budget numbers will change based on the student’s enrollment count being lower than the count in forecasted

budget. Kindergarten grant came back to be $30,000 more than expected. We will need to pay close attention

to the software and preschool related expenses in the budget. Furniture & Fixtures expenses is showing high

because of the two massage chairs purchases for teachers and staff morale.

Updated the board on the financial audit report under way.

4. CONSENT AGENDA

A. Minutes 9.16.21 - Marisa moved we accept the minutes from the 9.16.2021 Board Meeting minutes.

Jack seconded. Ayes: all, no Nays.

5. DISCUSSION ITEMS

A. Board Training – Marisa – conducted the training on the followings:

- Board Meeting Audio Recordings – Shared Google Drive Open and public meetings training.

Notice requirements from the state. We will implement a new procedure to upload the recordings to

a Google Drive for easier access for postings. We will also ensure all are aware of the new procedure

for recordings for timely posting.

- Notice is required for all public and social events. A notice need to be posted on the public notices

site as well as the school site if several board members are present at any school social event.

Board Members communication and engagement – Need to use the school issued email and need

stay receptive. Respond timely to emails…

-Emails and cc- remember to not do a reply all when responding to emails communication.

- Trainings are available on Utah charter .org

- Board and Committee Meeting times – Board meeting times ok for most so we will keep it the

same. We will check with all to determine if there’s a need to change the committee meeting times

to accommodate members.

Tentative committee involvement for Mikelle once she is elected - Governance, Academic

Excellence

B. Director’s Report – Janese discussed after school activities going well – snapology/legos. JABiz town

going well. No Covid-related incidents. Couple students have been quarantined at home, no major issues to

report.

C. Committee Reports I. Executive – met this month and discussed board trainings and committee members

engagement. ii. Academic Excellence – did not meet, will plan on next month. iii. Finance – met right before board meeting and discussed the school’s budget. Financial

audit is going well. iv. Development - met and refined upcoming annual fundraising goals and projects that will

need priority. A survey will go out to parents, students, teachers for input on project priority such as security

cameras, school bathroom remodeling… Also discussed possible effort with the city to team up for service

project such as cleaning the Legacy Park on Main St. v. Governance – met and discussed to help prep and address the upcoming state audit.

Address policies related to responding to emails from parents or others. The chair and school leader would

usually respond to those emails. The committee ill possibly address new policies for physical behavior

interventions, teacher issues training…

vi. Technology –Janese meet with IT vii. FSO Report –The fall festival and Student LED Conference this October went well. Will

need to discuss the Dec teacher/board party. Potential date Dec 16, more info to come.

6. ACTION ITEMS

7. CLOSED/EXECUTIVE SESSION

The Board will consider a motion to close the meeting to hold a strategy session to discuss pending or reasonably

imminent litigation, and/or to discuss the purchase, exchange, or lease of real property, and/or the character,

professional competence, or physical or mental health of an individual in conformance with § 52-4-204 and 52-4-205

et. seq., Utah Code Ann.

8. ACTION ITEMS FROM EXECUTIVE SESSION

9. ADJOURN - Marisa moved and we adjourned at 8:02 pm.

The public is welcome to attend Mountainville Academy Board Meetings. In compliance with the Americans with

Disabilities Act, those needing special assistance or accommodations should contact the secretary at

sbetteridge@malions.org, giving at least

Mountainville Academy 2022-23 Calendar August/September

M T W TH F 16

A 17 B

18 A

19 B

22 A

23 B

24 A

25 B

26 A

29 B

30 A

31 B

1 A

2 B

5 6 A

7 B

8 A

9 B

12 A

13 B

14 A

15 B

16 A

19 B

20 A

21 B

22 A

23 B

26 A

27 B

28 A

29 B

30 A

December

M T W TH F

1 A

2 B

5 A

6 B

7 A

8 B

9 A

12 B

13 A

14 B

15 A

16 B

19 20 21 22 23

26 27 28 29 30

March

M T W TH F

1 B

2 A

3 B

6 A

7 B

8 A

9 B

10 A

13 14 B

15 A

16 B

17 A

20 B

21 A

22 B

23 A

24 B

27 A

28 B

29 A

30 B

31 A

October

M T W TH F

3 B

4 A

4 B

6 A

7 B

10 A

11 B

12 A

13

14

17

18 B

19 A

20 B

21 A

24 B

25 A

26 B

27 A

28 B

31 A

January

M T W TH F

2 A

3 B

4 A

5 B

6 A

9 B

10 A

11 B

12 A

13 B

16

17 A

18 B

19 A

20 B

23 A

24 B

25 A

26 B

27 A

29 B

30 A

April

M T W TH F

3

4

5

6

7

10 B

11 A

12 B

13 A

14 B

17 A

18 B

19 A

20 B

21 A

24 B

25 A

26 B

27 A

28

November

M T W TH F

1 B

2 A

3 B

4 A

7 B

8 A

9 B

10 A

11 B

14 A

15 B

16 A

17 B

18 A

21 B

22 A

23 24 25

28 B

29 A

30 B

February

M T W TH F

1 B

2 A

3 B

6 A

7 B

8 A

9 B

10 A

13 B

14 A

15 B

16 A

17

20 21 B

22 A

23 B

24 A

27 B

28 A

May

M T W TH F

1 A

2 B

3 A

4 B

5 A

8 B

9 A

10 B

11 A

12 B

15 A

16 B

17 A

18 B

19 A

22 B

23 A

24 B

25 A

26 B

Aug 16 First Day of School Aug 22-26 Elementary Diagnostic Assessment Week – Elementary Students come from 8:30-12:00 M-F

(Testing by Appointment) Aug 23 First Day of Kindergarten – 8:30-12:00 schedule all week for Elementary Assessment Week Aug 30 First Day of Preschool Sep 5 Labor Day – No School Oct 12 School Dismissed @ 12:00 Oct 13-14 Fall Break – No School Oct 17 PD Day for Teachers – No school for students Oct 31 School Dismissed @12:00 Nov 22 School Dismissed @ 12:00 Nov 23 Teacher Comp Day Nov 24-25 Thanksgiving Break- No School Dec 19-30 Christmas Break – No School Jan 16 Martin Luther King Jr. Day – No School Feb 17 Teacher Comp Day – No School Feb 20 Presidents’ Day – No School Mar 13 PD Day for Teachers – No School for Students Apr 3-7 Spring Break May 18 Last Day of Preschool May 25 Last Day of School

Mountainville Academy

Teacher Student Success Act Framework

2021-22

Campus Allocation: $108,518.78

$43,407.51 represents 40% of the allocation - eligible for use for salaries and benefits

$5,425.93 represents 5% of the allocation – eligible for use for staff retention

$59,685.34 represents 55% of total allocation – eligible for use for TSSA framework activities

Mountainville TSSA Plan

Our plan includes using the maximum allowable (40%) for salary and benefits increases, including the portion

allowed for staff retention (5%). Under the TSSA Framework, we have developed the following plan for the

remaining 55% of the TSSA funds. The goal of this plan in to improve school performance and student

academic achievement utilizing the follow strategies:

Continuing to offer professional development opportunities for our teachers than focuses on increased

Tier 2 instruction

Reading Specialist that works with Tier 2 students individually or in small groups for 5 hours a day

Addition of a STEM specialist 202-22 to create content in a cross curricular manner and support STEM

learning at Mountainville by facilitating a STEM Specialty class for each Elementary class

Increased collaboration time on data facilitated by our A2A initiative teachers under the direction of

USBE

Tracking fidelity on educational software programs that personalize learning such as Lexia, Reflex and

iReady and adjusting instruction according to the data associated with these programs

Augmentation of existing programs

Technology needs

Personnel stipends for taking on additional responsibilities

Class size reduction strategies

Before and after school programs

Below is our EOY Assessment data that we are tracking in ELA. Our goal is a 3% increase in the RISE EOY State

assessments on average in grade 3-7 going for the 2021-22 school year. TSSA funds help us accomplish

this goal. We recognize learning loss due to Covid interruptions for the 2021-22 school year.

MVA ELA EOY Results 2020-21 2018-19 2017-18 2016-17

Grade 3 52% 56% 59% 47%

Grade 4 37% 57% 49% 38%

Grade 5 69% 68% 43% 41%

Grade 6 44% 52% 46% 27%

Grade 7 58% 64% 36% 35%

(643 Students) (719 Students) (719 Students) (719 Students)

Previous Yr's Actuals

Current Yr's Actuals

Original FY21 Budget Amount Changed

Forecasted FY21 Budget

% of Forecast

Revenue1000 Local

1510 Interest on Investments 19,199$ 4,939$ 23,000$ 1,190$ 15,000$ 32.9%1710 Student Registration 16,177$ 7,479$ 20,000$ 1,438$ 20,000$ 37.4%1711 MS Class Activities 201$ 86$ 213$ 27$ 213$ 40.4%1712 Teacher Donations 5,887$ 3,300$ 5,442$ 137$ 5,500$ 60.0%1715 Student Council 11,446$ 14,829$ 9,500$ 1,961$ 12,868$ 115.2%1740 Field Trips 2,327$ 351$ 4,000$ 155$ 4,000$ 8.8%1790 After School Activities 10,407$ 11,607$ 10,000$ 5,412$ 12,000$ 96.7%1910 Facility Rental -$ -$ -$ -$ -$ 0.0%1920 Donations/Legacy of Leadership 34,631$ 8,440$ 3,613$ 6,902$ 8,500$ 99.3%1921 Parent Organization - FSO 67,879$ 60,401$ 80,000$ 10,793$ 80,000$ 75.5%

Pre School -$ 22,490$ -$ 50,000$ 1990 Background Checks 228$ 443$ 2,000$ 195$ 2,000$ 22.2%1990 Miscellaneous 2,154$ 18,376$ -$ 3,681$ -$ 0.0%

Total 1000: 170,536$ 152,741$ 157,768$ 31,891$ 210,081$ 72.7%3000 State

3010 Regular School Prgm K-12 2,049,871$ 713,974$ 2,362,402$ -$ 2,362,402$ 30.2%3020 Professional Staff 121,919$ 42,443$ 121,919$ -$ 121,919$ 34.8%

Deferred/Addl. SpED Revenues -$ -$ 30,585$ -$ -$ 0.0%3105 Special Education -- Add-On 333,762$ 94,092$ 261,816$ -$ 261,816$ 35.9%3110 Special Education -- Self-Contained 15,862$ 5,375$ 15,862$ -$ 15,862$ 33.9%3120 Special Educatoin -- Extended Year 3,407$ 1,181$ 3,407$ -$ 3,407$ 34.7%3125 Special Education -- State Program 5,954$ 2,172$ 5,954$ -$ 5,954$ 36.5%3178 SpEd Stipend for Extended 754$ -$ 754$ -$ 754$ 0.0%3130 SpEd Intensive Services -$ -$ -$ -$ -$ 0.0%3101 Class Size Reduction - K-8 205,477$ 73,357$ 229,763$ -$ 229,763$ 31.9%3210 Flexible Allocation -$ -$ -$ -$ -$ 0.0%3200 Charter School Base Amount 20,000$ 20,196$ 20,000$ 20,000$ 40,000$ 50.5%3219 Charter School Local Replacement 1,647,366$ 585,217$ 1,942,019$ -$ 1,942,019$ 30.1%3258 Supp Educ COVID19 Stipend 82,463$ -$ -$ -$ -$ 0.0%3331 Accelerated Learning 5,074$ -$ 5,120$ -$ 5,120$ 0.0%3336 At-risk - Student Program 34,556$ 11,519$ 38,640$ -$ 38,640$ 29.8%3341 Early Intervention OEK Grant 60,000$ -$ 60,000$ 32,652$ 92,652$ 0.0%3305 Early Literacy Program 20,595$ 7,980$ 21,399$ -$ 21,399$ 37.3%3407 TSSP 8,676$ -$ -$ -$ -$ 0.0%3468 Teacher Supplies & Materials 5,694$ 4,553$ 6,367$ -$ 6,367$ 71.5%3476 Educator Salary Adjustment 184,049$ 61,350$ 184,049$ -$ 184,049$ 33.3%3155 Career & Tech Add On 4,862$ 1,558$ -$ 4,678$ 4,678$ 33.3%3520 School Land Trust Program 83,159$ 85,452$ 84,721$ 731$ 85,452$ 100.0%3555 Digital Teaching and Learning Grant 38,155$ -$ 38,155$ -$ 38,155$ 0.0%3577 Computer Science Planning Grant -$ -$ -$ -$ -$ 0.0%3578 Teacher & Student Success Act Program 90,882$ 36,173$ 90,882$ -$ 90,882$ 39.8%3579 Mental Health Grant -$ -$ -$ -$ -$ 0.0%3510 Library Books & Electronic Res 765$ 255$ 855$ -$ 855$ 29.8%3581 USTAR 9,600$ -$ -$ -$ -$ 0.0%3872 Substance Prevention -$ 2,333$ -$ 2,333$ 2,333$ 100.0%3874 Anti-Bullying/Suicide Prevention 1,066$ 1,000$ 1,066$ (66)$ 1,000$ 100.0%3844 Professional Learning - STEM 20,000$ 1,200$ 20,000$ -$ 20,000$ 6.0%

Total 3000: 5,053,968$ 1,751,380$ 5,545,736$ 60,328$ 5,575,480$ 31.4%4000 Federal

4210 ESSER 10% 21,194$ -$ -$ -$ -$ 0.0%4215 ESSER II 8,842$ -$ 84,000$ 778$ 84,778$ 0.0%4220 GEERS Funding 37,022$ -$ -$ -$ -$ 0.0%4230 CARES WiFi Upgrade 8,580$ -$ -$ -$ -$ 0.0%4580 PPE Grant 6,994$ -$ -$ -$ -$ 0.0%4581 Coronavirus Relief Grant 17,839$ -$ -$ -$ -$ 0.0%4522 IDEA Part-B (Pre-School) 1,943$ -$ 1,934$ -$ 1,934$ 0.0%4524 IDEA Part-B 97,768$ -$ 104,095$ -$ 105,762$ 0.0%4860 MAPP Grant -$ 8,700$ 18,000$ -$ 18,000$ 48.3%4860 Title IIA 4,499$ -$ 5,120$ -$ 5,120$ 0.0%

Total 4000: 204,681$ 8,700$ 213,149$ 778$ 215,594$ 4.0%Total Revenue: 5,429,185$ 1,912,821$ 5,916,653$ 92,997$ 6,001,155$ 31.9%

Budget Detail Report

Actuals as of: October 31st, 2021 Percentage of Year: 33.3%

(643 Students) (719 Students) (719 Students) (719 Students)

Previous Yr's Actuals

Current Yr's Actuals

Original FY21 Budget Amount Changed

Forecasted FY21 Budget

% of Forecast

Expenses100 Salaries

121 Administration 175,998$ 64,042$ 198,000$ 16,500$ 198,000$ 32.3%131 Teachers 1,645,184$ 617,113$ 1,882,017$ 162,105$ 1,882,017$ 32.8%133 Special Education Teachers 58,165$ 19,833$ 154,700$ 5,583$ 154,700$ 12.8%145 Media Specialist 39,226$ -$ -$ -$ -$ 0.0%152 Office Staff 147,854$ 51,713$ 161,500$ 13,458$ 161,500$ 32.0%162 Instructors 183,383$ 56,897$ 233,636$ 26,181$ 233,636$ 24.4%161 Special Education Aides 195,093$ 65,385$ 159,620$ 20,098$ 159,620$ 41.0%182 Maintenance & Custodial 56,853$ 25,869$ 58,124$ 8,684$ 58,124$ 44.5%189 Christmas Bonus 15,990$ -$ -$ -$ -$ 0.0%190 Pre School Teachers -$ 14,624$ -$ 5,738$ 50,000$ 29.2%190 PTO 11,943$ -$ 20,000$ -$ 20,000$ 0.0%190 Stipends 173,401$ 14,050$ 78,000$ 3,750$ 78,000$ 18.0%

Total 100: 2,703,090$ 929,526$ 2,945,597$ 262,097$ 2,995,597$ 31.0%200 Benefits

210 Retirement 68,907$ 24,022$ 85,000$ 6,481$ 85,000$ 28.3%220 FICA 194,895$ 66,680$ 225,338$ 18,958$ 225,338$ 29.6%240 Health Insurance / HSA / Admin fees 322,906$ 115,002$ 430,000$ 38,147$ 430,000$ 26.7%245 Life Insurance 18,670$ 5,091$ 15,000$ 1,641$ 15,000$ 33.9%270 Worker's Compensation Fund 13,899$ 13,360$ 14,508$ 2,227$ 14,508$ 92.1%280 Unemployment Insurance 2,682$ -$ 5,000$ -$ 5,000$ 0.0%

Total 200: 621,959$ 224,155$ 774,846$ 67,454$ 774,846$ 28.9%300 Prof & Technical Services

320 Substitute Services 16,143$ 2,010$ 10,000$ 587$ 10,000$ 20.1%323 Special Education Services 75,300$ 24,118$ 65,000$ 13,104$ 65,000$ 37.1%323 Mental Health Services -$ -$ -$ -$ -$ 0.0%330 Professional Development 3,343$ 14,736$ 40,000$ 1,850$ 40,000$ 36.8%340 Legal Services 5,065$ -$ 500$ -$ 600$ 0.0%350 Business Services 76,404$ 25,976$ 77,928$ 6,494$ 77,928$ 33.3%352 Accounting and Auditing 14,700$ 10,700$ 14,700$ 1,500$ 14,700$ 72.8%355 Technology Services 21,887$ 5,520$ 22,500$ 350$ 22,500$ 24.5%

Total 300: 212,842$ 83,060$ 230,628$ 23,885$ 230,728$ 36.0%400 Purchased Property Services

410 Utilities 10,102$ 3,929$ 10,000$ 1,345$ 10,000$ 39.3%433 Custodial Services -$ -$ -$ -$ -$ 0.0%430 Repairs & Maintenance 58,239$ 30,891$ 50,000$ 2,840$ 50,000$ 61.8%435 Lawn Care & Snow removal 3,148$ 823$ 5,000$ 200$ 5,000$ 16.5%443 Copier Lease & Maintenance 6,875$ 1,831$ 8,100$ 435$ 8,100$ 22.6%

Total 400: 78,364$ 37,474$ 73,100$ 4,820$ 73,100$ 51.3%500 Other Purchase Services

520 Liability/Property/D&O Insurance 20,959$ 21,788$ 32,000$ -$ 32,000$ 68.1%530 Telephone/Internet 10,434$ 4,825$ 10,000$ 883$ 10,000$ 48.3%540 Marketing/Legacy Event 253$ 652$ 5,000$ 500$ 5,000$ 13.0%542 Board Expenses -$ -$ 500$ -$ 500$ 0.0%580 Travel 513$ -$ 3,000$ -$ 3,000$ 0.0%590 Field Trips 5,873$ 2,730$ 14,000$ 1,434$ 14,000$ 19.5%591 After School Activities 6,780$ 4,133$ 10,000$ 1,857$ 10,000$ 41.3%

Total 500: 44,812$ 34,128$ 74,500$ 4,674$ 74,500$ 45.8%

(643 Students) (719 Students) (719 Students) (719 Students)

Previous Yr's Actuals

Current Yr's Actuals

Original FY21 Budget Amount Changed

Forecasted FY21 Budget

% of Forecast

600 Supplies and Materials611 Classroom Supplies 14,449$ 9,690$ 22,000$ 1,340$ 22,000$ 44.0%612 Office Supplies 11,775$ 5,702$ 8,500$ 2,644$ 8,500$ 67.1%613 Special Education Supplies 10,450$ 411$ 3,000$ 94$ 3,000$ 13.7%615 Testing Materials 660$ -$ 1,000$ -$ 1,000$ 0.0%616 Student Activity Supplies 1,875$ 1,102$ 12,000$ 534$ 12,000$ 9.2%616 Pre School Supplies -$ 5,314$ -$ 170$ 6,000$ 88.6%617 FSO Expenses 80,978$ 20,086$ 80,000$ 14,878$ 80,000$ 25.1%618 Student Council Expenses 13,080$ 8,442$ 9,500$ 8,442$ 12,868$ 65.6%619 Professional Development Supplies 16,441$ 2,314$ 10,000$ 660$ 10,000$ 23.1%620 Energy Supplies (Gas & Electricity) 54,152$ 16,316$ 60,000$ 4,873$ 60,000$ 27.2%641 Curriculum 43,772$ 47,892$ 40,000$ 3,801$ 45,000$ 106.4%641 SpED Curriculum -$ -$ -$ -$ -$ 0.0%644 Library Books and Supplies 765$ 1,110$ -$ 610$ 1,500$ 74.0%650 Supplies - Technology Related 32,985$ 67,550$ 49,000$ 181$ 70,000$ 96.5%670 Educational Software 20,075$ 14,974$ 25,000$ 30$ 25,000$ 59.9%680 Custodial Supplies 33,302$ 8,656$ 20,000$ 1,106$ 20,000$ 43.3%

Total 600: 334,759$ 209,559$ 340,000$ 39,363$ 376,868$ 55.6%700 Property, Equipment

710 Land & Site Improvements 111,402$ 48,078$ 50,000$ -$ 50,000$ 96.2%733 Furniture & Fixtures 10,767$ 13,617$ 11,500$ (144)$ 14,000$ 97.3%733 Project TBD (Outdoor Theater & Parkour) -$ -$ 50,000$ -$ 50,000$ 0.0%734 Technology Hardware 16,571$ 28,458$ 55,000$ 2,222$ 55,000$ 51.7%739 Facility equipment 13,157$ 108$ 10,000$ (8)$ 10,000$ 1.1%

Total 700: 151,897$ 90,261$ 176,500$ 2,070$ 179,000$ 50.4%800 Debt Service and Misc

810 Dues & Fees 6,663$ 4,692$ 9,000$ (1,661)$ 9,000$ 52.1%810 Background Checks 671$ 870$ 2,000$ 510$ 2,000$ 43.5%830 UCSFA Fee 4,500$ 30,390$ 33,870$ 7,000$ 33,870$ 89.7%841 Bond Interest 489,438$ 168,563$ 505,688$ 42,141$ 505,688$ 33.3%841 Bond Principal 340,000$ 108,333$ 325,000$ 27,083$ 325,000$ 33.3%890 Contingency -$ -$ -$ -$ -$ 0.0%

Total 800: 841,272$ 312,848$ 875,558$ 75,073$ 875,558$ 35.7%Total Expenses: 4,988,995$ 1,921,011$ 5,490,729$ 479,438$ 5,580,197$ 34.4%

Net Income: 440,190$ (8,190)$ 306,449$ 420,957$ -1.9%7.01%

Reserve Funds Used in Year: Goal 4% 240,046$ 180,911$

Fund Reserve: Amount away from Goal

Financial Summaryas of October 31st, 2021

33% through the Year BUDGET REPORT EXPENSES RATIOS

Year-to Date Approved % ofActuals Budget Forecast

Enrollment 719 719 719 Actual GoalRevenue

1000 Local 152,741$ 157,768$ 210,081$ 73% Operating Margin 7.0% 4%3000 State 1,751,380$ 5,545,736$ 5,575,480$ 31%4000 Federal 8,700$ 213,149$ 215,594$ 4% Debt Service Coverage 1.39 1.25

Total Revenue 1,912,821$ 5,916,653$ 6,001,155$ 32%

Days Cash on Hand 180 90Expenses 304595

100 Salaries 929,526$ 2,945,597$ 2,995,597$ 31% Building Payment % 14.4% < 22%200 Benefits 224,155$ 774,846$ 774,846$ 29%300 Prof & Technical Services 83,060$ 230,628$ 230,728$ 36%400 Purchased Property Services 37,474$ 73,100$ 73,100$ 51%500 Other Purchase Services 34,128$ 74,500$ 74,500$ 46%600 Supplies and Materials 209,559$ 340,000$ 376,868$ 56%700 Property, Equipment 90,261$ 176,500$ 179,000$ 50%800 Debt Service and Misc 312,848$ 875,558$ 875,558$ 36%

Total Expenses 1,921,011$ 5,490,729$ 5,580,197$ 34%

Net Income from Operations (8,190)$ 425,924$ 420,957$ -2%

Operating Margin -0.4% 7.2% 7.0%

Month Ending Cash Balance 2,749,227$ S O N D J F M A M

Days Cash on Hand 180 K 100 100

Actual Ytd Forecast 1 96 96

391,455$ 391,455$ 2 86 87

3 79 79

Reserves Added this Year (8,190)$ 420,957$ 4 81 81

5 80 80

Expenses from Reserves 6 74 73

Project 1 -$ -$ 7 38 38

Project 2 -$ -$ 8 36 36

New Reserve Balance 383,265$ 812,412$ 9 22 21

Total 692 691 0 0 0 0 0 0 0

October 1 Count

Created by Red Apple

Forecast

CASH ENROLLMENT

Last Year Reserve Balance

49%

14%4%

21%

1%7%

3% 16%

Salaries

Benefits

Prof & Technical Services

Purchased Property Services

Other Purchase Services

Supplies and Materials

Property, Equipment

Debt Service and Misc

Cash Reserve Operating Margin$0-$300,000 6%

$300,000-$500,000 5%$500,000-and above 4%

$- $500,000

$1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000

J A S O N D J F M A M JHigh Low

380,000 400,000 420,000 440,000 460,000 480,000 500,000 520,000

J A S O N D J F M A M J

Revenues Expenses

Monthly Revenue to Expenses

Bank Account

0

100

200

300

400

500

600

700

800

S O N D J F M A M