Welcome and Call to Order

The meeting will be called to the order, beginning with the pledge of allegiance.

Approval of Agenda

So that there is agreement between board members on the agenda, and the amount of time spent on the meeting, the board shall vote to approve an agenda for the meeting. To the best of its ability, it will follow that agenda, and allow for the chair to move the board through the agenda as specified.

Public Comment

Our Public Comment period is for members of the public to address the board. Each member of the public may sign up to comment at the meeting, and will be allotted two minutes. The board will listen, but may not directly respond to any comments. Our meetings are open to the public and public record. As such, if your comment is about a private matter, please contact the board via email, or speak to the board chair privately.

Several members of the public addressed the Board regarding a recent personnel matter

involving a teacher termination. Speakers included staff members who shared perspectives

regarding the situation and requested reconsideration of the employment decision.

The Board acknowledged receipt of the comments and confirmed the matter would be reviewed

as part of the Board’s personnel oversight responsibilities.

Executive Session

The Board entered Executive Session to discuss a personnel matter.

The Board discussed the matter in Executive Session. No formal action was taken during open session regarding the personnel matter.

Finance Committee Report

The Finance Committee presented an update on the school’s financial position.

Key points included:

• The Finance Committee, in collaboration with school leadership and the back-office provider, is reviewing cost-saving measures and potential revenue adjustments to ensure the school concludes the fiscal year with a positive change in net assets.

• Current days of cash on hand is approximately 49 days, which remains stable.

Fundraising Updates The Board noted recent philanthropic support, including:

• Donation from the Booth-Bricker Fund

• Donation from Pro-Bono Publico Foundation

Strategic Financial Planning

The Finance Committee discussed broader sustainability considerations for the school, including:

• Financial challenges facing single-site charter schools

• The school’s special education population exceeding 20%

• Opportunities to strengthen long-term financial sustainability through strategic planning and growth initiatives

The Board discussed the potential pursuit of multi-year strategic planning resources to guide the school’s long-term growth and sustainability.

Investment Strategy

The Finance Committee also discussed transferring available funds into a Louisiana Asset Management Pool (LAMP) account to generate interest income while maintaining liquidity.

School leadership will continue reviewing cash flow needs and expects to move funds into the account in the near term.

Adjourn Meeting

The Meeting was Adjourned

The meeting adjourned at approximately 7:02 am