The July 17, 2025, Board Meeting of Epic One On One Charter in Oklahoma focused on several key areas, including student engagement, financial updates, and enrollment trends.
The meeting commenced with a report from the superintendent, highlighting the importance of internships for students. The superintendent emphasized that these opportunities help students develop social skills and prepare for future careers. The initiative aims to ensure that Epic students are "future ready and in demand," encouraging them to pursue internships aligned with their passions.
Following the superintendent's report, the finance update was presented by Mr. Florey. He noted that July is typically a light month for financial activity. As of the end of May, the charter school reported a cash balance of $22.3 million, with outstanding warrants totaling $5.5 million. Revenue for the year stood at $277 million against expenses of $260 million, resulting in a fund balance of approximately $16.8 million. Mr. Florey indicated that the financial position has improved, with projections suggesting a fund balance increase to around $1.1 million.
Enrollment figures were also a significant topic of discussion. As of July 16, 2024, the school reported an enrollment of approximately 24,611 students, marking an increase from the previous year. This upward trend in enrollment is seen as a positive indicator for potential funding increases in the future.
The meeting concluded with a discussion on upcoming challenges, including potential impacts from federal funding changes. The board acknowledged the need to adapt to these developments while continuing to focus on student success and financial stability.
Overall, the meeting underscored the charter school's commitment to enhancing student experiences through internships and maintaining a strong financial outlook amid changing circumstances. The board plans to monitor enrollment and funding closely as they move forward.