Approve the agenda as submitted
By: Natasha Fenili Seconded by: Khaliff Davis
There was no notable discussion on the motion.
Name | Status | Arrival Time | Departure Time |
---|---|---|---|
Paula Murphy | present chair | On Time | At Adjournment |
Tony Jones | not present member | ||
Natasha Fenili | present secretary | On Time | At Adjournment |
Stephen Pritchett | not present vice-chair | ||
Michael Daniels | not present Treasurer | ||
Khaliff Davis | present member | On Time | At Adjournment |
The meeting will be called to the order.
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.
Approve the agenda as submitted
By: Natasha Fenili Seconded by: Khaliff Davis
There was no notable discussion on the motion.
Review and approval of prior meeting minutes
Approve the minutes as submitted
By: Khaliff Davis Seconded by: Natasha Fenili
There was no notable discussion on the motion.
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.
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.
Demographic Data
Total enrollment
Gender
FRL
Race
Special Programs
Zones
Priority Enrollment
YOY Application submissions per month
Upcoming year applications per grade level
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: October Financials. Resurgence Hall Middle Academy: October Financials.
Resurgence Hall Charter School: October Financials
Previous Forecast 266,164
Current Forecast 144,898
First Title Drawdown Prepared and Ready for Submission
Current Ratio 2.05 - 15 pts. Current Ratio is greater than 1.0. Compares current assets to current liabilities to measure if the school can pay short-term obligations.
Unrestricted Days Cash 309 - 20 pts. Days cash is greater than 60 days, Compares unrestricted cash to expenses per day to measure how many days a school can pay its operating expenses without an inflow of cash.
Enrollment Variance 2.86% - 10 pts. Enrollment Variance is between 2% and 8% Compares projected enrollment reported to the state to current enrollment.
Debt to Income Ratio 13.19% - 10 pts. 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 Repayment of Debt Yes - 10pts. Based on current loan covenants and debt service payments Measurement of if a school repays its debts on time.
Efficiency Margin 7.24% - 15pts. Efficiency Margin is greater than 0% Compares the change in net assets to the total revenue to measure if the school can use assets to generate income
Debt to Asset Ratio 85.07% - 20pts Debt to Asset Ratio is less than 95%. Compares total liabilities to total assets to measure the school's financial leverage.
80 - 100 points --Meets Financial Performance Standards
70 – 79 points -- Approached Financial Performance Standards
0 – 69 points -- Does Not Meet Financial Performance Standards
Resurgence Hall Middle Academy: October Financials
Previous Forecast 21,143
Current Forecast 104,154
Awaiting GaDOE approval to finalize Title budgets
Current Ratio 1.43 - 15 pts. Current Ratio is greater than 1.0. Compares current assets to current liabilities to measure if the school can pay short-term obligations.
Unrestricted Days Cash 198 - 20 pts. Days cash is greater than 60 days, Compares unrestricted cash to expenses per day to measure how many days a school can pay its operating expenses without an inflow of cash.
Enrollment Variance 8.26% - 0 pts. Enrollment Variance is between 2% and 8% Compares projected enrollment reported to the state to current enrollment.
Debt to Income Ratio 10.01% - 10 pts. 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 Repayment of Debt Yes - 10pts. Based on current loan covenants and debt service payments Measurement of if a school repays its debts on time.
Efficiency Margin 7.15% - 15pts. Efficiency Margin is greater than 0% Compares the change in net assets to the total revenue to measure if the school can use assets to generate income
Debt to Asset Ratio 87.35% - 20pts Debt to Asset Ratio is less than 95%. Compares total liabilities to total assets to measure the school's financial leverage.
80 - 100 points --Meets Financial Performance Standards
70 – 79 points -- Approached Financial Performance Standards
0 – 69 points -- Does Not Meet Financial Performance Standards
Approve Resurgence Hall Charter School October Financials
By: Khaliff Davis Seconded by: Natasha Fenili
There was no notable discussion on the motion.
Approve Resurgence Hall Middle Academy October Financials
By: Khaliff Davis Seconded by: Natasha Fenili
There was no notable discussion on the motion.
Closing remarks from board chair.
End of meeting.
Adjourn meeting
By: Natasha Fenili Seconded by: Khaliff Davis
There was no notable discussion on the motion.
The meeting adjourned at approximately 7:38 pm
Motion to adjourn
There was no notable discussion on the motion.