Jade Rivera

The board reviewed and acted on several business items, including budget adjustment requests and the February bank reconciliation and check register. Key information items discussed included a facilities update regarding the closed loan with EFF and upcoming mobilization, an overview of FY26 financials, and the findings of the FY25 audit. Additionally, the board received reports on governance, including board survey results and training requirements, and updates on academic achievement, specifically regarding student and staff applications for the upcoming school year. The Director also presented on fundraising goals and the capital campaign.

The board approved Budget Adjustment Requests related to Community Schools and reviewed the March bank reconciliation and check register. They authorized a lease agreement for the 1905 Mountain Road property. The meeting included a facilities update regarding mobilization and upcoming groundbreaking plans, a report on current financial status, and a reminder regarding board training requirements. Additionally, the board discussed the results of the annual board survey which highlighted a need for committee reorganization and fundraising efforts. Updates were provided on student and staff recruitment for the 26-27 academic year, along with plans for upcoming fundraising initiatives.

The board meeting agenda includes consideration for an executive session regarding limited personnel matters. Action items include the approval of Budget Adjustment Requests (BARs), authorization for a business manager to work with a board member on future BARs, approval of FY27 budgets for operational, Title I, and IDEA funds, adoption of the FY27 salary schedule, calendar, financial policies, and the Axiom Analytics contract. The board will also review bank reconciliations and check registers. Information items include reports on facilities, finance, governance, academic achievement, and a transition plan from the Director.

The board approved budget adjustment requests related to community schools, reviewed the March bank reconciliation and check register, and approved the lease agreement for the 1905 Mountain Rd property. Informational updates were provided regarding facility construction progress, current financial status for the fiscal year, and preparation for the upcoming budget season. The governance committee reported on board member training requirements and presented results from the annual board survey. Additionally, the board received updates on student and staff recruitment efforts for the upcoming academic year and discussed upcoming strategies for fundraising initiatives.

Key discussion points during the meeting included the approval of Budget Adjustment Requests and the February Bank Reconciliation/Check Register. Information items covered the official closing of the loan with EFF and the commencement of mobilization for facilities, presentation of FY26 financials which will be reviewed again in May, the review of the FY25 audit which resulted in two findings requiring correction, and a review of student and staff applications for the 2026-2027 school year, with a lottery scheduled for April 6th. Fundraising goals and the capital campaign were also briefly mentioned.