Welcome and Call to Order

The meeting will be called to the order.

Approval of Minutes

Review and approval of prior meeting minutes.

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

The Resurgence Hall Board Chairperson will recognize individuals who submitted a public comment request per the LEA's public comment procedures as published on the website. Each person recognized to provide public comment shall direct comments to the board as a whole and restrict comments to no more than three (3) minutes. 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.

Committee Reports

• Academic - Resurgence Hall Charter School: Review the academic dashboard, which includes schoolwide enrollment, attendance averages, demographic data, RHCS entry year, attrition rate and reason for both students and staff, school climate indicators, parent engagement indicators, and staff engagement indicators. Enrollment FY25. Resurgence Hall Middle Academy: Review the academic dashboard, which includes schoolwide enrollment, attendance averages, demographic data, RHMA entry year, attrition rate and reason for both students and staff, school climate indicators, parent engagement indicators, and staff engagement indicators. Enrollment FY25.

NEW! Withdrawal survey (google form) auto sends upon withdrawal to learn more such as 

• entry year to RH
• school type of new school
• likely to recommend RH
• open ended feedback

Total since FDOS 41

2023 - 2024 End of Grade Math GMAS Results

Proficient and Above:

Gr3: Top 9% of all schools (#119 out of 1,247) 

Gr4: Top 15% of all schools (#190 out of 1,247)

Gr5: Top 14% of all schools (#179 out of 1,241) 

Gr6: Top 35% of all schools (#209 out of 590) 

• Governance - Resurgence Hall Charter School: Review board membership, board recruitment, board fundraising progress, and reviewing policies that govern Resurgence Hall Charter School. Resurgence Hall Middle Academy: Review board membership, board recruitment, board fundraising progress, and reviewing of policies that govern Resurgence Hall Middle Academy.

• Finance - Resurgence Hall Charter School: September Financials. Resurgence Hall Middle Academy: September Financials.
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Resurgence Hall Charter School: September Financials

• Revised QBE calculations based on FY25 initial allotment
• Lower budgets for nursing and property security services;

expenditures already captured in nurse salary and contracted

security services

• Personnel 8,240 One month of salary savings for two currently unfilled roles
• Benefits & Insurances 2,319 Benefits associated with open roles
• Authorizer Fees (5,718) Authorizer fees tied to QBE revenue

Current Ratio 2.12 15 Current Ratio is greater than 1.0 Compares unrestricted cash to expenses per day to measure how many days a school can pay its operating expenses without an inflow of cash

Unrestricted Days Cash 317 20 Days cash is greater than 60 days.

Debt to Income Ratio 13.19% 10 Annual Debt to Asset Ratio is between 5% to 15% Compares total debt service to total revenue to measure

how much the school owes each month to how much they

earn

Timely Debt Payments Yes 10 Based on current loan covenants and debt service payments Measurement of if a school repays its debts on time

Compares the change in net assets to the total revenue to measure if the school can use assets to generate income Efficiency Margin 8.39% 15 Efficiency Margin is greater than 0%

Compares total liabilities to total assets to measure the school's financial leverage Debt to Asset Ratio 84.75% 20 Debt to Asset Ratio is less than 95%

80 - 100 points --Meets Financial Performance Standards

Resurgence Hall Middle Academy: September Financials

• allotment sheet State and Local Revenue 259,586
• Savings in one month of salary savings for open role
• Personnel 16,355 & Benefits & Insurances 6,122 Associated benefits
• Lower nursing services forecast
• higher-than-expected audit fees Purchased Services 4,146
• Other Expenses (4,629) Higher authorizer fees and textbook expenditures

Current Ratio 1.43 15

Unrestricted Days Cash 192 20

Debt to Income Ratio 10.01% 10

Timely Debt Payments Yes 10

Efficiency Margin 6.27% 15 Efficiency Margin is greater than 0%

Debt to Asset Ratio 87.58% 20 Debt to Asset Ratio is less than 95%

Meets Financial Performance Standards

• Total 90

School Leader Report

The school leader reports on the status of the school.

We are piloting a raffle tied to our fall fundraiser to keep the event free for all! We are monitoring the effectiveness of the raffle as a potential tool to support our annual giving fundraising goals!

Playground completion & scholar video

Upcoming Fall Festival

Chairman's Remarks

Closing remarks from board chair.

The Meeting was Adjourned

The meeting adjourned at approximately 7:33 pm