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EPIC reports $2.2M carryover, approves bank signer changes and engages CPA consultant

5865163 · September 22, 2025

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Summary

The EPIC ONE ON ONE CHARTER SCHOOL board heard a finance update showing $2.2 million in carryover, approved new Regent Bank signers, and moved to engage CPA Eddie Havrilla as a consultant to the finance committee.

Chief Financial Officer Michael Florrie told the board on Sept. 11 that after closing journal entries the school ended fiscal year 2024–25 with $2.2 million in carryover. Florrie said revenue tracked close to budget and expenses were substantially below budget year to date: “we are, at this point, $9,500,000 less in expenses than expected,” he said.

Florrie described work by the data team to build live instructional dashboards that pull from PowerSchool to provide actionable week-to-week data on benchmarks, cohort progress and early-warning signs for course completion and chronic absenteeism. The dashboards are being used to monitor the same criteria cited by the Statewide Charter School Board’s performance framework.

The finance committee reported it has engaged Eddie Havrilla, a CPA and former audit supervisor with 30 years of public accounting experience, as a consultant. The committee said it will bring Havrilla's nomination to the full board in February after the superintendent selection.

The board took several administrative votes during the meeting. It voted unanimously to remove Janice Wynne (former deputy superintendent of finance) and Carrie Trouver (former executive director of finance) as approved signers and remove their online banking access for Regent Bank. The board then voted unanimously to approve Michael Florrie, chief financial officer, and board member Trevor Hammons as approved signers for Regent Bank with online banking access.

Board members then moved to accept the financial statements for the period ending July 31, 2025; that motion passed unanimously.

During committee reports, the board also discussed conservative budgeting, lower-than-expected mileage expenses, and the value of live data in enabling timely instructional intervention.