School Board Special Meeting and Public Hearing

Page 1 Minutes September 6, 2022 Special Meeting and Public Hearing - 5:00 PM Manatee County School District 215 Manatee Avenue West Bradenton, FL 34205 www.manateeschools.net Times Indicated Are Approximate 1) CALL TO ORDER Attendee Name Status Charlie Kennedy, Board Member Cynthia Saunders, Superintendent Gina Messenger, Vice-Chair James Golden, Chair Mary Foreman, Board Member Stephen Dye, School Board Attorney Doug Wagner, Deputy Superintendent of Operations Tim Bargeron, Deputy Superintendent of Business Services Chad Choate, Board Member Present Mitchell Teitelbaum, General Counsel Absent Minutes: Vice-Chair Messenger called the Meeting to order at 5:00 PM. 2) PLEDGE OF ALLEGIANCE Minutes: Vice-Chair Messenger led in the recitation of the Pledge of Allegiance. 3) AGENDA AMENDMENTS a. Agenda Amendments Minutes: The Chair found good cause to amend the agenda to include: Agenda amended on Thursday, September 1, 2022, to update attachments to Public Hearing item, Public Hearing 2022-2023 Final Millage and Final Budget. RESULT: Adopted [4-0] MOVER: Charlie Kennedy SECONDER: Mary Foreman AYES: ABSENT: Charlie Kennedy, Gina Messenger, Mary Foreman, Chad Choate James Golden 4) INFORMATION ONLY (No Board Action Required)

Page 2 a. Year-to-Date Charter School Financial Statement Summary Through June 30, 2022 5) NEW BUSINESS a. Approval of the Budget Amendments for June 2022 Minutes: At the request of Board Member Foreman, Mr. Tim Bargeron, Deputy Superintendent of Business Services, provided an overview of the Budget Amendments for June 2022. Chair Golden arrived at 5:03 PM. RESULT: Adopted [UNANIMOUS] MOVER: Charlie Kennedy SECONDER: Chad Choate AYES: Charlie Kennedy, Gina Messenger, James Golden, Mary Foreman, Chad Choate b. Approval of the Annual Financial Report and all Official Parts thereof for the Fiscal Year Ended June 30, 2022 RESULT: Adopted [UNANIMOUS] MOVER: Gina Messenger SECONDER: Charlie Kennedy AYES: Charlie Kennedy, Gina Messenger, James Golden, Mary Foreman, Chad Choate Minutes: Board Member Foreman inquired about the amount of FEFP and the Health Insurance Fund. Mr. Tim Bargeron, Deputy Superintendent of Business Services, provided information. 6) PUBLIC HEARING a. Public Hearing 2022-2023 Final Millage and Final Budget Minutes: Chair Golden closed the Regular Meeting to open the Public Hearing at 5:10 PM. Public Comment as follows: 1. Jean Henderson 2. Robert Lesher 3. Michael Hartman Chair Golden closed the Public Hearing and reconvened the Regular Meeting at 5:23 PM. b. Approval of the Final Millages and Budget for 2022-2023 Minutes: Mr. Tim Bargeron, Deputy Superintendent of Business Services, utilized the attached presentation to provide information on the following: • Statutory Requirements/Timelines • Millage Rate Trends and Required Local Effort • Roll-Back Rate • Proposed Final Millage Rate • Proposed Final Budget

Page 3 The Board asked questions and held discussion. Mr. Choate requested a comparative chart be provided to the public or to the Board to show Required Local Effort. b.1 Motion and Approval of Supplemental Operating Discretionary Millage for the Fiscal Year 2022-2023 of 0.7480 RESULT: Adopted [UNANIMOUS] MOVER: Charlie Kennedy SECONDER: Gina Messenger AYES: Charlie Kennedy, Gina Messenger, James Golden, Mary Foreman, Chad Choate b.2 Motion and Approval of Required Local Effort Millage for the Fiscal Year 2022-2023 of 3.2740 mills RESULT: Adopted [UNANIMOUS] MOVER: Charlie Kennedy SECONDER: Gina Messenger AYES: Charlie Kennedy, Gina Messenger, James Golden, Mary Foreman, Chad Choate b.3 Motion and Approval of Capital Outlay Millage for the Fiscal Year 2022-2023 of 1.5000 mills RESULT: Adopted [UNANIMOUS] MOVER: Charlie Kennedy SECONDER: Gina Messenger AYES: Charlie Kennedy, Gina Messenger, James Golden, Mary Foreman, Chad Choate b.4 Motion and Approval of Additional Millage (voted levy) for the Fiscal Year 2022-2023 of 1.0000 mill RESULT: Adopted [UNANIMOUS] MOVER: Charlie Kennedy SECONDER: Gina Messenger AYES: Charlie Kennedy, Gina Messenger, James Golden, Mary Foreman, Chad Choate b.5 Motion and Approval of the Resolution Adopting the Fiscal Year 2022-2023 Total Millage of 6.5220 RESULT: Adopted [UNANIMOUS] MOVER: Charlie Kennedy SECONDER: Gina Messenger AYES: Charlie Kennedy, Gina Messenger, James Golden, Mary Foreman, Chad Choate b.6 Motion and Approval of the Fiscal Year 2022-2023 Final Budget, in the Amount of $1,187,117,338 Minutes: Board Member Foreman asked questions and expressed concerns regarding the budget. Following a comment about staffing for non-schools, Superintendent Saunders provided information regarding changes. She stated that staffing had been discussed during a previous Board Workshop and noted that it is the first step in the budget process. The Board asked questions and held discussion regarding personnel. Mr. Tim Bargeron, Deputy Superintendent of Business Services, provided additional details.

Page 4 Board Member Foreman requested a one-on-one meeting with Mr. Bargeron to address her questions and asked if the Board would desire to hold a Workshop regarding the Budget Book. RESULT: Adopted [4-1] MOVER: Charlie Kennedy SECONDER: Gina Messenger AYES: NAYS: Charlie Kennedy, Gina Messenger, James Golden, Chad Choate Mary Foreman 7) PUBLIC COMMENTS AND RESPONSES Minutes: Public Comment as follows: 1. Norman Nelson 2. Michael Hartman 8) ADJOURNMENT Minutes: There being no further business to come before the Board, Chair Golden adjourned the Meeting at 6:16 PM. ______________________________ ______________________________ Cynthia Saunders, Ex Officio Secretary Rev. James T. Golden and Superintendent of Schools Chairman NOTICE Any person who desires to appeal any decision made by the School Board with respect to any matter considered at the above-mentioned meeting will need a record of the proceedings, and for such purpose may need to ensure that a verbatim record of the proceedings is made, which record includes the testimony and evidence upon which an appeal may be based. School Board meetings are held in accessible locations. Auxiliary aids will be provided, upon written request received at least 48 hours prior to the meeting, to participants with disabilities.

1. CALL TO ORDER 2. PLEDGE OF ALLEGIANCE 3. AGENDA AMENDMENTS a. Agenda Amendments - added after publishing 4. INFORMATION ONLY (No Board Action Required) a. Year-to-Date Charter School Financial Statement Summary Through June 30, 2022 5. NEW BUSINESS a. Approval of the Budget Amendments for June 2022 b. Approval of the Annual Financial Report and all official parts thereof for the Fiscal Year Ended June 30, 2022 6. PUBLIC HEARING a. Public Hearing 2022-2023 Final Millage and Final Budget b. Approval of the Final Millages and Budget for 2022-2023 7. PUBLIC COMMENTS AND RESPONSES Public comment is not an open forum to discuss matters unrelated to education, to support or oppose candidates for public office, or to engage in commercial speech attempting to sell a service or product to the School Board or public. Also, public comment is not a forum to attack individual school system employees or Board Members. Any such complaints should be submitted in writing to the Superintendent for appropriate handling. Finally, this is not a forum for addressing issues involving individual students. Because of privacy concerns, such issues should be submitted in writing to the Superintendent for appropriate handling. Each speaker is allowed three minutes to address the Board. Speakers must stand at the podium and not approach the dais. This is a business meeting of the School Board and the public expects that we conduct it in an orderly, efficient, effective and dignified manner. We request that speakers keep this in mind when making your comments. We also request that the audience keep that in mind and not demonstrate Agenda Revised September 1, 2022 September 6, 2022 School Board of Manatee County Special Meeting and Public Hearing - 5:00 PM Walter Miller School Support Center Board Room Times Indicated are Approximate 1

approval or disapproval of what a speaker has said by clapping or booing. The Board appreciates the public's input and will listen attentively, consider each comment, and usually will not respond, enter into debate, or answer questions during comments on agenda items or during the public comments section. PUBLIC INPUT INSTRUCTIONS: 1. Before you begin speaking, please provide any handouts to the Agency Clerk. 2. Please identify yourself only by your full name for the record. 3. You have no more than three minutes to speak. Please stop speaking when the bell rings. 4. Florida Law requires all citizens to conduct themselves in an orderly fashion at public meetings. 5 . WARNING: Any individual who interferes with the expeditious or orderly process of a School Board meeting, will be subject to removal from the meeting pursuant to Section 1001.372(3) Florida Statutes at the discretion of the Chair. Orderly fashion is deemed as, at a minimum (1) no profanity (2) no vulgar language (3) no discourteous, disrespectful, or disparaging conduct. 8. ADJOURNMENT 2

1. CALL TO ORDER 2. PLEDGE OF ALLEGIANCE 3. AGENDA AMENDMENTS a. Agenda Amendments - added after publishing 4. INFORMATION ONLY (No Board Action Required) a. Year-to-Date Charter School Financial Statement Summary Through June 30, 2022 5. NEW BUSINESS a. Approval of the Budget Amendments for June 2022 b. Approval of the Annual Financial Report and all official parts thereof for the Fiscal Year Ended June 30, 2022 6. PUBLIC HEARING a. Public Hearing 2022-2023 Final Millage and Final Budget b. Approval of the Final Millages and Budget for 2022-2023 7. PUBLIC COMMENTS AND RESPONSES Public comment is not an open forum to discuss matters unrelated to education, to support or oppose candidates for public office, or to engage in commercial speech attempting to sell a service or product to the School Board or public. Also, public comment is not a forum to attack individual school system employees or Board Members. Any such complaints should be submitted in writing to the Superintendent for appropriate handling. Finally, this is not a forum for addressing issues involving individual students. Because of privacy concerns, such issues should be submitted in writing to the Superintendent for appropriate handling. Each speaker is allowed three minutes to address the Board. Speakers must stand at the podium and not approach the dais. This is a business meeting of the School Board and the public expects that we conduct it in an orderly, efficient, effective and dignified manner. We request that speakers keep this in mind when making your comments. We also request that the audience keep that in mind and not demonstrate Agenda Revised September 1, 2022 September 6, 2022 School Board of Manatee County Special Meeting and Public Hearing - 5:00 PM Walter Miller School Support Center Board Room Times Indicated are Approximate 1

approval or disapproval of what a speaker has said by clapping or booing. The Board appreciates the public's input and will listen attentively, consider each comment, and usually will not respond, enter into debate, or answer questions during comments on agenda items or during the public comments section. PUBLIC INPUT INSTRUCTIONS: 1. Before you begin speaking, please provide any handouts to the Agency Clerk. 2. Please identify yourself only by your full name for the record. 3. You have no more than three minutes to speak. Please stop speaking when the bell rings. 4. Florida Law requires all citizens to conduct themselves in an orderly fashion at public meetings. 5 . WARNING: Any individual who interferes with the expeditious or orderly process of a School Board meeting, will be subject to removal from the meeting pursuant to Section 1001.372(3) Florida Statutes at the discretion of the Chair. Orderly fashion is deemed as, at a minimum (1) no profanity (2) no vulgar language (3) no discourteous, disrespectful, or disparaging conduct. 8. ADJOURNMENT 2

AGENDA ITEM NO. 3.a School Board of Manatee County September 6, 2022 - Special Meeting and Public Hearing Title Agenda Amendments - added after publishing Executive Summary The Chair finds good cause to amend the agenda to include: Agenda amended on Thursday, September 1, 2022, to update attachments to Public Hearing item, Public Hearing 2022-2023 Final Millage and Final Budget. Contact Submitting Department: School Board Initiated By: Chair Golden 3

AGENDA ITEM NO. 4.a School Board of Manatee County September 6, 2022 - Special Meeting and Public Hearing Title Year-to-Date Charter School Financial Statement Summary Through June 30, 2022 Executive Summary Unaudited year-to-date financial statements of the Charter Schools are submitted to the District each month or quarter, depending on each school's reporting requirements. These reports are filed in the District's administrative offices and are available upon request. The District reviews and summarizes the financial statements, however cannot certify as to their accuracy. The summary data is provided for information only purposes. Each charter school's Board is responsible for the accuracy of the monthly financial statements submitted to the District. Note: Annual financial audits are conducted by independent CPA's for each Charter school following the fiscal year end. This item aligns with the District’s Strategic Plan Goal(s) which state(s): Financial Transparency & Capital Planning | Goal 1 Maximize all district resources to enhance the learning environment and ensure financial sustainability. Contact Submitting Department: Business Services Initiated By: Tim Bargeron Attachments: Charter Schools Financial Report Summary June 2022 4

JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN 2101 - Manatee School for the Arts & Sciences Fund Balance July 1, 2021 356,761.00$ 356,761.00$ 356,761.00$ 356,761.00$ 356,761.00$ 356,761.00$ 356,761.00$ 356,761.00$ 356,761.00$ 356,761.00$ 356,761.00$ 356,761.00$ Revenue 78,383.00 175,042.00 270,223.00 385,348.00 486,517.00 579,353.00 685,849.00 742,881.00 820,201.00 919,772.00 1,002,048.00 1,128,139.00 Expense (8,391.00) (119,131.00) (219,533.00) (343,427.00) (460,003.00) (566,851.00) (669,695.00) (770,230.00) (867,261.00) (923,810.00) (1,036,541.00) (1,202,322.00) Transfers Fund Balance, Ending 426,753.00$ 412,672.00$ 407,451.00$ 398,682.00$ 383,275.00$ 369,263.00$ 372,915.00$ 329,412.00$ 309,701.00$ 352,723.00$ 322,268.00$ 282,578.00$ 2102 - Team Success* Fund Balance July 1, 2021 2,141,546.00$ 2,141,546.00$ 2,141,546.00$ 2,141,546.00$ 2,141,546.00$ 2,141,546.00$ 2,141,546.00$ 2,141,546.00$ 2,141,546.00$ 2,141,546.00$ 2,141,546.00$ 2,141,546.00$ Revenue - 2,084,748.00 4,582,042.00$ 7,302,938.00 10,182,733.00 Expense - (2,134,826.00) (4,513,902.00) (6,736,302.00) (8,649,001.00) Transfers - (196,640.00) (114,729.00) (222,899.00) (811,372.00) Fund Balance, Ending -$ -$ 1,894,828.00$ -$ -$ 2,094,957.00$ -$ -$ 2,485,283.00$ -$ -$ 3,675,278.00$ 2104 - Manatee School for the Arts Fund Balance July 1, 2021 5,220,250.00$ 5,220,250.00$ 5,220,250.00$ 5,220,250.00$ 5,220,250.00$ 5,220,250.00$ 5,220,250.00$ 5,220,250.00$ 5,220,250.00$ 5,220,250.00$ 5,220,250.00$ 5,220,250.00$ Revenue 1,116,010.00 2,477,543.00 4,228,594.00 5,591,707.00 6,926,634.00 8,254,652.00 9,647,494.00 11,096,435.00$ 12,734,198.00 14,187,446.00 15,790,859.00 19,687,338.00 Expense (416,767.00) (1,482,865.00) (2,800,038.00) (4,161,323.00) (6,000,589.00) (6,587,277.00) (7,841,048.00) (9,099,957.00) (10,424,260.00) (11,865,376.00) (13,090,982.00) (15,458,373.00) Transfers Fund Balance, Ending 5,919,493.00$ 6,214,928.00$ 6,648,806.00$ 6,650,634.00$ 6,146,295.00$ 6,887,625.00$ 7,026,696.00$ 7,216,728.00$ 7,530,188.00$ 7,542,320.00$ 7,920,127.00$ 9,449,215.00$ 2120 - Rowlett Middle Academy Fund Balance July 1, 2021 (28,103.00)$ (28,103.00)$ (28,103.00)$ (28,103.00)$ (28,103.00)$ (28,103.00)$ (28,103.00)$ (28,103.00)$ (28,103.00)$ (28,103.00)$ (28,103.00)$ (28,103.00)$ Revenue 373,630.62 817,002.27 1,383,319.62 1,825,173.77 2,392,315.37 2,849,026.27 3,478,703.13 4,014,589.16 4,613,684.50 5,139,066.84 5,675,691.89 6,290,288.83 Expense (390,325.94) (829,850.51) (1,322,286.85) (1,746,548.46) (2,279,765.05) (2,766,157.26) (3,355,145.37) (3,763,939.43) (4,172,958.25) (4,606,544.91) (5,097,981.45) (5,755,478.76) Transfers (79,631.43) (45,182.20) (10,163.89) (22,742.18) (24,628.77) (21,613.19) (18,843.75) (7,711.77) (30,125.90) (15,341.27) 13,030.99 (34,298.90) Fund Balance, Ending (124,429.75)$ (86,133.44)$ 22,765.88$ 27,780.13$ 59,818.55$ 33,152.82$ 76,611.01$ 214,834.96$ 382,497.35$ 489,077.66$ 562,638.43$ 472,408.17$ 2121 - Manatee Charter School Fund Balance July 1, 2021 31,812.00$ 31,812.00$ 31,812.00$ 31,812.00$ 31,812.00$ 31,812.00$ 31,812.00$ 31,812.00$ 31,812.00$ 31,812.00$ 31,812.00$ 31,812.00$ Revenue 295,070.86 809,276.53$ 1,479,479.72 1,486,521.72 1,940,804.71 2,360,187.81 2,871,063.19 3,168,006.96 3,768,648.53 4,462,032.88 4,715,548.90 4,620,136.00 Expense (228,884.10) (694,227.96) (1,176,827.28) (1,183,869.28) (1,548,353.31) (1,877,937.45) (2,299,013.87) (2,492,932.35) (2,927,266.68) (3,573,885.05) (3,735,764.71) (3,534,676.39) Transfers (66,006.96) (129,673.92) (219,472.88) (309,271.84) (399,070.80) (488,869.76) (578,668.72) (672,906.78) (763,707.92) (902,253.41) (993,890.06) (1,083,855.69) Fund Balance, Ending 31,991.80$ 17,186.65$ 114,991.56$ 25,192.60$ 25,192.60$ 25,192.60$ 25,192.60$ 33,979.83$ 109,485.93$ 17,706.42$ 17,706.13$ 33,415.92$ 2122 - Oasis Middle School Fund Balance July 1, 2021 409,121.00$ 409,121.00$ 409,121.00$ 409,121.00$ 409,121.00$ 409,121.00$ 409,121.00$ 409,121.00$ 409,121.00$ 409,121.00$ 409,121.00$ 409,121.00$ Revenue 138,992.00 201,918.00 283,205.00 366,255.00 441,522.00 509,952.00 651,038.00 602,711.00 642,409.00 689,089.00 752,397.00 812,519.00 Expense (70,115.00) (136,805.00) (201,728.00) (269,344.00) (333,880.00) (403,761.00) (540,077.00) (539,209.00) (608,338.00) (681,921.00) (761,017.00) (833,425.00) Transfers Fund Balance, Ending 477,998.00$ 474,234.00$ 490,598.00$ 506,032.00$ 516,763.00$ 515,312.00$ 520,082.00$ 472,623.00$ 443,192.00$ 416,289.00$ 400,501.00$ 388,215.00$ 2123 - Imagine Charter - North Manatee Fund Balance July 1, 2021 239,352.00$ 239,352.00$ 239,352.00$ 239,352.00$ 239,352.00$ 239,352.00$ 239,352.00$ 239,352.00$ 239,352.00$ 239,352.00$ 239,352.00$ 239,352.00$ Revenue 277,756.55 668,093.60 1,128,095.42 1,600,102.86 2,045,764.93 2,755,079.42 3,183,409.67 3,867,950.40 4,038,969.48 4,729,474.10 5,077,069.21 5,225,407.12 Expense (184,913.34) (590,184.82) (1,008,649.98) (1,572,673.54) (1,949,511.06) (2,444,401.62) (2,808,448.03) (3,177,434.18) (3,557,395.68) (3,966,195.34) (4,427,910.07) (5,582,613.93) Transfers (96,514.24) (108,279.48) (169,844.69) (264,780.32) (333,604.87) (548,028.80) (452,841.42) (524,931.19) (619,841.89) (762,734.70) (886,510.14) 1,668,482.80 Fund Balance, Ending 235,680.97$ 208,981.30$ 188,952.75$ 2,001.00$ 2,001.00$ 2,001.00$ 161,472.22$ 404,937.03$ 101,083.91$ 239,896.06$ 2,001.00$ 1,550,627.99$ 2124 - Imagine Charter- Lakewood Ranch Fund Balance July 1, 2021 2,721.00$ 2,721.00$ 2,721.00$ 2,721.00$ 2,721.00$ 2,721.00$ 2,721.00$ 2,721.00$ 2,721.00$ 2,721.00$ 2,721.00$ 2,721.00$ Revenue 311,473.35 760,437.72 1,117,989.91 1,626,405.54 2,079,377.80 2,382,547.91 2,712,280.46 3,212,246.83 3,455,801.73 3,835,342.81 4,238,709.15 4,840,201.79 Expense (279,801.30) (713,794.83) (1,103,420.94) (1,594,947.06) (1,975,695.78) (2,333,980.91) (2,740,143.26) (3,223,026.08) (3,502,443.89) (3,900,417.10) (4,322,613.57) (4,902,306.29) Transfers (31,672.05) (46,642.89) (14,568.97) (31,458.48) (103,682.02) (48,567.00) 27,863.80 10,779.93 46,642.16 65,074.29 83,904.42 127,870.55 Fund Balance, Ending 2,721.00$ 2,721.00$ 2,721.00$ 2,721.00$ 2,721.00$ 2,721.00$ 2,722.00$ 2,721.68$ 2,721.00$ 2,721.00$ 2,721.00$ 68,487.05$ 2131 - Palmetto Charter School* Fund Balance July 1, 2021 1,122,455.00$ 1,122,455.00$ 1,122,455.00$ 1,122,455.00$ 1,122,455.00$ 1,122,455.00$ 1,122,455.00$ 1,122,455.00$ 1,122,455.00$ 1,122,455.00$ 1,122,455.00$ 1,122,455.00$ Revenue - - 713,195.66 - - 1,537,778.43 2,785,527.04 4,582,910.24 Expense - - (729,650.60) - - (1,546,745.24) (2,758,549.89) (4,512,877.22) Transfers Fund Balance, Ending 1,106,000.06$ -$ -$ 1,113,488.19$ -$ -$ 1,149,432.15$ 1,192,488.02$ 2141 - State College of FL Collegiate School* Fund Balance July 1, 2021 1,651,680.00$ 1,651,680.00$ 1,651,680.00$ 1,651,680.00$ 1,651,680.00$ 1,651,680.00$ 1,651,680.00$ 1,651,680.00$ 1,651,680.00$ 1,651,680.00$ 1,651,680.00$ 1,651,680.00$ Revenue - 898,901.00 1,812,802.00 2,776,640.00$ 3,797,516.00 Expense - (627,880.00) (1,589,893.00) (2,319,282.00) (3,469,724.00) Transfers - Fund Balance, Ending -$ 1,922,701.00$ -$ -$ 1,874,589.00$ -$ -$ 2,109,038.00$ -$ 1,979,472.00$ 2161 - Visible Men Academy Fund Balance July 1, 2021 557,842.00$ 557,842.00$ 557,842.00$ 557,842.00$ 557,842.00$ 557,842.00$ 557,842.00$ 557,842.00$ 557,842.00$ 557,842.00$ 557,842.00$ 557,842.00$ Revenue 150,316.86 267,929.65 348,836.18 502,699.40 589,327.70 782,346.89 872,558.43 916,034.55 1,277,827.23 1,408,425.66 1,764,211.68 1,970,140.04 Expense (151,533.38) (328,355.20) (490,990.77) (679,640.25) (840,872.65) (986,403.74) (1,080,395.13) (1,189,951.61) (1,361,839.25) (1,473,884.36) (1,652,884.87) (1,801,892.95) Transfers Fund Balance, Ending 556,625.48$ 497,416.45$ 415,687.41$ 380,901.15$ 306,297.05$ 353,785.15$ 350,005.30$ 283,924.94$ 473,829.98$ 492,383.30$ 669,168.81$ 726,089.09$ 2171 - Rowlett Academy for Arts - Elementary* Fund Balance July 1, 2021 778,101.00$ 778,101.00$ 778,101.00$ 778,101.00$ 778,101.00$ 778,101.00$ 778,101.00$ 778,101.00$ 778,101.00$ 778,101.00$ 778,101.00$ 778,101.00$ Revenue 557,277.06 1,204,201.05 1,872,796.90 2,560,396.52 3,850,968.83 5,949,701.28 8,504,093.81 Expense (789,817.59) (1,422,559.35) (2,241,878.93) (2,940,787.33) (4,292,910.62) (6,346,987.71) (8,142,252.58) Transfers 18,786.62 (36,816.75) (89,101.19) (100,737.71) (106,614.00) (113,848.20) (116,033.20) Fund Balance, Ending 564,347.09$ 522,925.95$ 319,917.78$ 296,972.48$ - 229,545.21$ 266,966.37$ 1,023,909.03$ 2181 - Parrish Charter Academy Fund Balance July 1, 2021 453,198.00$ 453,198.00$ 453,198.00$ 453,198.00$ 453,198.00$ 453,198.00$ 453,198.00$ 453,198.00$ 453,198.00$ 453,198.00$ 453,198.00$ 453,198.00$ Revenue 325,806.00 677,053.00 1,042,919.00 1,402,635.00 1,758,856.00 2,123,608.00 2,718,507.00 3,056,775.00 3,481,157.00 3,807,955.00 4,182,325.00 4,626,575.00 Expense (317,622.00) (647,991.00) (1,029,765.00) (1,343,097.00) (1,655,603.00) (2,070,898.00) (2,578,701.00) (2,848,353.00) (3,199,099.00) (3,401,959.00) (3,771,532.00) (4,099,328.00) Transfers (132.00) (412.00) (636.00) (844.00) (1,091.00) (1,380.00) (1,677.00) (1,908.00) (2,353.00) 18,389.00 17,692.00 17,381.00 Fund Balance, Ending 461,250.00$ 481,848.00$ 465,716.00$ 511,892.00$ 555,360.00$ 504,528.00$ 591,327.00$ 659,712.00$ 732,903.00$ 877,583.00$ 881,683.00$ 997,826.00$ *Quarterly Reports/High Performing NOTE: This is a summary of the unaudited financial statements of the Charter Schools. For audited financial statements, please refer to the Florida Department of Education. Fiscal Year 2021-22 School District of Manatee County Summary of Charter School Financial Reports Fiscal Year 2020-21 School District of Manatee County Summary of Charter School Financial Reports 5

AGENDA ITEM NO. 5.a School Board of Manatee County September 6, 2022 - Special Meeting and Public Hearing Action Item Title Approval of the Budget Amendments for June 2022 Executive Summary State Board of Administration Rule 6A-1.007(2) states, "The school board shall approve amendments to the district school budget whenever the function and object amounts in the accounts prescribed by the State Board for the budget form are changed in the original budget approved by the school board." The following table reflects changes in fund balance by fund for the month of June 2022. GENERAL FUND DEBT SERVICE CAPITAL OUTLAY FED'L FUNDS FOOD SERVICE INTERNAL SERVICE TRUST & AGENCY Budgeted Fund Balance 05/31/2022 $32,461,016 $11,355,273 $2,380,885 $0 $6,603,241 $7,874,516 $558,886 Fiscal Impact $4,666,176 $0 $37,940,678 $0 $0 $2,765,650 $0 Budgeted Fund Balance 06/30/2022 $37,127,192 $11,355,273 $109,321,563 $0 $6,603,241 $10,640,166 $558,886 General Fund budgeted ending fund balance increased $4,666,176 due mainly to reflecting categorical flexibility $4,132,378, higher than estimated district school tax revenues $2,021,996, and other miscellaneous reductions $156,716, partially offset by higher electric utility costs $1,644,914. Capital Outlay budgeted ending fund balance increased $37,940.678 due primarily to remaining project balances moving to future years $29,014,118, transfer of MTC Construction project from the General Fund $6,804,370, increase in sales tax revenues $2,478,469, impact fees $961,070, and property tax revenue $560,262 partially offset by deferment of revenue for PECO construction projects $1,880,296 and Educational Securities grant $1,215,764, and other project changes $1,118,449. Internal Service Fund increased $2,765,650 primarily due to higher than estimated contributions $1,465,644, lower benefit administrative fees $879,246, wellness program delay $197,319, and other miscellaneous reductions $223,441. There were no other changes to the budgeted ending fund balances. This item aligns with the District’s Strategic Plan Goal(s) which state(s): 6

Financial Transparency & Capital Planning | Goal 1 Maximize all district resources to enhance the learning environment and ensure financial sustainability. Recommendation The Superintendent recommends approval of the budget amendments for June 2022. Financial Impact General Fund reflected improvement in Fund Balance position. Contact Submitting Department: Budget Initiated By: Gina Maliniak Attachments: June Budget Amendment File Summary Combined June 2022 BAs 7

June 2022 Budget Amendments Summary All Funds Year 2022 Posting Period 12 Row Labels Sum of YTD Current 1 -$4,666,175.50 3 10101 General Fund -$2,917,547.30 10102 General Fund Grants -$212,122.85 4 10101 General Fund -$1,777,349.51 10102 General Fund Grants $240,844.16 2 $0.00 3 21001 SBOE/COBI Bonds $0.00 29109 Lease Purchase Bond 2009 -$2,500.00 29187 Sales Tax Revenue Bond 2017 $2,000.00 29193 Lease Purchase Bond 2017 $500.50 29196 Lease Purchase Bond 2016 -$499.50 29901 QSCB 2010 $0.71 4 29109 Lease Purchase Bond 2009 $2,500.00 29187 Sales Tax Revenue Bond 2017 -$2,000.00 29193 Lease Purchase Bond 2017 -$500.50 29196 Lease Purchase Bond 2016 $499.50 29901 QSCB 2010 -$0.71 3 -$37,940,678.61 3 34043 PECO Construction MTC $1,880,296.00 36001 Capital Outlay & Debt Service -$149,707.22 37022 Local Capital Improvement 2122 -$589,240.36 39121 COPS Series 2021A $0.00 39192 Sales Tax Proceeds -$2,479,821.92 39194 Other Capital Projects -$6,804,370.13 39196 Charter School Capital Outlay -$26,987.00 39197 Impact Fees -$961,634.86 39198 Ed Facilities Security Grants $1,215,763.72 4 34043 PECO Construction MTC -$380,296.00 36001 Capital Outlay & Debt Service $2,198.93 37021 Local Capital Improvement 2021 $0.00 37022 Local Capital Improvement 2122 $758,802.81 39121 COPS Series 2021A -$4,836,563.54 39192 Sales Tax Proceeds -$4,657,055.62 39194 Other Capital Projects $22,050.00 39196 Charter School Capital Outlay $26,987.00 39197 Impact Fees -$20,439,579.55 39198 Ed Facilities Security Grants -$521,520.87 4 $0.00 3 42101 Federal Cash Advance -$497,655.28 42201 Federal Non Cash Advance -$12,803.00 4 41001 Food Services $0.00 42101 Federal Cash Advance $497,655.28 42201 Federal Non Cash Advance $12,803.00 44101 CRRSA Act ESSER $0.00 44201 Other CARES Act Relief Funds $0.00 44301 CRRSA Act ESSER (ESSER II) $0.00 44501 ARP Act ESSER $0.00 44601 Other ARP Act Relief $0.00 7 -$2,765,650.13 3 71101 Self-Insurance - Health -$1,261,766.83 71201 Self-Insurance - Workers Compe -$203,876.88 4 71101 Self-Insurance - Health -$1,292,100.02 71201 Self-Insurance - Workers Compe -$7,906.40 8 $0.00 3 85001 Financial Aid Fee Trust $40,253.62 85002 Donation Trust Fund -$91,496.50 4 85001 Financial Aid Fee Trust -$40,253.62 85002 Donation Trust Fund $91,496.50 Grand Total -$45,372,504.24 8

Capital Fund June 2022 Budget Amendment Summary Function FunctionDescr YTD Prior YTD Current Sum of Budget Amendment Percent Change Reference Beginning Fund Balance (93,921,482) (93,921,482) - 0.0% 30X Revenue (151,362,931) (159,278,633) (7,915,702) 5.2% 1 74X Facilities Acquisition and Con 129,698,633 99,222,692 (30,475,940) -23.5% 2 92X Debt Service 2,020,032 2,022,231 2,199 0.1% 97X Transfers 42,184,864 42,633,628 448,765 1.1% 9X Budgeted Fund Balance 71,380,885 109,321,563 37,940,679 53.2%1 9

Capital Fund June 2022 Budget Amendment Details Reference Posting Period Ledger Unit Entry Type Bd Hdr Status Fund FundDescr Function FunctionDescr Object ObjectDescr Cost Ctr Program Program Description PC Bus Unit Project Activity Descr YTD Current 1 12 KK_REV_BUD SDMC1 Adjustment Posted 34043 PECO Construction MTC 30000 Revenue 339101 Public Education Capital Outla 00000 Discretionary Deferr PECO Construction Revnue to 22/23 1,880,296.00 1 12 KK_REV_BUD SDMC1 Adjustment Posted 39198 Ed Facilities Security Grants 30000 Revenue 339901 Other Miscellaneous State Reve 40521 TR Educational Facilities Gr Defer Ed Securities Grant Revenue to 22/23 615,983.31 1 12 KK_REV_BUD SDMC1 Adjustment Posted 39198 Ed Facilities Security Grants 30000 Revenue 339901 Other Miscellaneous State Reve 40522 TR Educational Facilities Gr Defer Ed Securities Grant Revenue to 22/23 694,242.85 1 12 KK_REV_BUD SDMC1 Adjustment Posted 39196 Charter School Capital Outlay 30000 Revenue 339701 Charter School Capital Outlay 00000 Discretionary Charter Schools PECO - Adjustment - Revised Calculations - School Year 21.22 -26,987.00 1 12 KK_REV_BUD SDMC1 Adjustment Posted 39194 Other Capital Projects 30000 Revenue 361001 Transfers from General Fund 14690 MTC Addition/Expansion Interfund transfer from GF for MTC expansion project -6,804,370.13 1 12 KK_REV_BUD SDMC1 Adjustment Posted 37022 Local Capital Improvement 2122 30000 Revenue 349501 Other Misc Local Sources 13800 P-Card 21.22 PCard Rebate for 3XXXX Funds -28,978.42 1 12 KK_REV_BUD SDMC1 Adjustment Posted 39121 COPS Series 2021A 30000 Revenue 349501 Other Misc Local Sources 13800 P-Card 21.22 PCard Rebate for 3XXXX Funds -16.05 1 12 KK_REV_BUD SDMC1 Adjustment Posted 39192 Sales Tax Proceeds 30000 Revenue 349501 Other Misc Local Sources 13800 P-Card 21.22 PCard Rebate for 3XXXX Funds -1,353.07 1 12 KK_REV_BUD SDMC1 Adjustment Posted 39197 Impact Fees 30000 Revenue 349501 Other Misc Local Sources 13800 P-Card 21.22 PCard Rebate for 3XXXX Funds -564.91 1 12 KK_REV_BUD SDMC1 Adjustment Posted 39121 COPS Series 2021A 30000 Revenue 349501 Other Misc Local Sources 13800 P-Card 21.22 PCard Rebate for 3XXXX Funds - Adjustment 16.05 1 12 KK_REV_BUD SDMC1 Adjustment Posted 36001 Capital Outlay & Debt Service 30000 Revenue 332101 CO&DS Distributed 00000 Discretionary Increase Budget for CO&DS Revenue -149,707.22 1 12 KK_REV_BUD SDMC1 Adjustment Posted 39197 Impact Fees 30000 Revenue 349601 Impact Fees 00000 Discretionary Increase Impact Fee budget to Actual -912,053.95 1 12 KK_REV_BUD SDMC1 Adjustment Posted 39197 Impact Fees 30000 Revenue 349601 Impact Fees 00000 Discretionary Budget for Impact Fee Accrual -49,016.00 1 12 KK_REV_BUD SDMC1 Adjustment Posted 37022 Local Capital Improvement 2122 30000 Revenue 341301 District Local Capital Improve 00000 Discretionary Budget adjustment for Property Sales Tax. -560,261.94 1 12 KK_REV_BUD SDMC1 Adjustment Posted 39192 Sales Tax Proceeds 30000 Revenue 341901 School District Local Sales Ta 00000 Discretionary Adj. Sales Tax Revenue. -404,803.65 1 12 KK_REV_BUD SDMC1 Adjustment Posted 39198 Ed Facilities Security Grants 30000 Revenue 339901 Other Miscellaneous State Reve 40521 TR Educational Facilities Gr Budget for Deferred Revenue Adj 40521 -94,462.44 1 12 KK_REV_BUD SDMC1 Adjustment Posted 39192 Sales Tax Proceeds 30000 Revenue 341901 School District Local Sales Ta 00000 Discretionary Adj Budget for Q4 Sales Tax -2,073,665.20 -7,915,701.77 2 12 KK_DET_BUD SDMC1 Transfer Adjustment Posted 39192 Sales Tax Proceeds 74410 Charter School CO Sales Tax 479501 Charter School CO Sales Tax 2161 40004 Charter School CO - Sales Tax Visible Men Academy Charter School Budget - Block Grant 20-21 - Final Payment 8,691.49 2 12 KK_DET_BUD SDMC1 Transfer Adjustment Posted 39192 Sales Tax Proceeds 74410 Charter School CO Sales Tax 479501 Charter School CO Sales Tax 9798 40004 Charter School CO - Sales Tax Visible Men Academy Charter School Budget - Block Grant 20-21 - Final Payment -8,691.49 2 12 KK_DET_BUD SDMC1 Transfer Adjustment Posted 39192 Sales Tax Proceeds 74410 Charter School CO Sales Tax 479501 Charter School CO Sales Tax 2121 40004 Charter School CO - Sales Tax Manatee Charter School Budget - Block Grant 21-22 - Payment 2 Final 131,988.50 2 12 KK_DET_BUD SDMC1 Transfer Adjustment Posted 39192 Sales Tax Proceeds 74410 Charter Schoo