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EPIC board adopts second amended 2024–25 budget after midterm state-aid increase
Summary
The EPIC ONE ON ONE CHARTER SCHOOL board approved a second amended budget after receiving a midterm state-aid allocation increase; the board also approved financial statements for October and November and approved the consent agenda.
The EPIC ONE ON ONE CHARTER SCHOOL Board voted Jan. 23 to adopt a second amended budget for the 2024–25 school year following publication of the state’s midterm allocation.
Janice, EPIC’s finance lead, told the board the district’s midterm state-aid allocation rose from $19,930,000 to $21,070,000 after the January adjustment. She said the district’s cash position improved with the January state-aid payment already received, and that projections show monthly spending now tracking below budget as the year progresses.
Board members approved a second amended 2024–25 budget of…
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