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EPIC board told revenue is ahead and $26M in bank; board accepts financial statements
Summary
At the Oct. 9 meeting the EPIC ONE ON ONE CHARTER SCHOOL finance presenter reported revenue of about $47 million, roughly $26 million cash on hand, and running $2.7 million ahead of budgeted revenue; the board voted to accept the financial statements.
The EPIC ONE ON ONE CHARTER SCHOOL governing board on Oct. 9 received a finance update and voted to accept the presented financial statements.
Mister Florey, the meeting—s finance presenter, said total actual revenue stood at about $47,000,000 and that the district has approximately $26,000,000 in the bank. He told the board that revenue is running about $2,700,000 ahead of budgeted revenue and that actual…
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