Welcome and Call to Order

The meeting will be called to the order.

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.

Approval of Minutes

Review and approval of prior meeting minutes.

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.

Committee Reports

Finance

• Vertex presented the July and August FY27 financial reports for both schools.
• For Resurgence Hall Charter School, the FY27 net income forecast increased from approximately $95,000 in the approved budget to approximately $577,000, primarily because the initial state funding allotment was higher than budgeted. The school ended August with approximately $7.3 million in cash, equivalent to 393 days of cash on hand.
• For Resurgence Hall Middle Academy, the FY27 net income forecast increased from approximately $17,000 to approximately $146,000, primarily because personnel expenses were lower than budgeted. The school ended August with slightly more than $3 million in cash, equivalent to 272 days of cash on hand.
• Both schools scored 64 of 65 points on the State Charter Schools Commission fiscal viability dashboard.
• Vertex will revisit the forecasts after the October enrollment count and as the refinancing terms become clearer.

Governance

• Governance Committee reported that all board members had completed their conflict-of-interest disclosures. Members were reminded to complete the required board training.

Academic

• Combined enrollment of 717 scholars as of August, and all positions were filled. The board reviewed enrollment, scholar attrition, and applications received during August. Three scholars withdrew from the primary academy during August, and two withdrew from the middle academy. The school also discussed accepted scholars who did not attend and returning scholars who did not return; the school community team continues to review the reasons families provide.
• The board reviewed the primary academy’s fall dyslexia screening results. Nine scholars were identified for additional screening. The school leader explained that primary academy scholars are screened at three points during the year.
• Additional academic results, including Georgia Milestones and fall MAP data, are expected to be presented in October

School Leader Report

• The school leader announced that both Resurgence Hall Charter School and Resurgence Hall Middle Academy had been named 2026 Title I Distinguished Schools.
• She also highlighted the Phoenix Family Network’s first Play in the Park event of the school year, scholar participation in a U.S. Open experience, and the contributions of staff members in the primary and middle academies.
• The school leader updated the board on the SouthState refinancing process. The team has begun work with the lender and other parties, with a goal of closing in December.
• Board members discussed reviewing updated borrowing costs and projected payments before deciding whether to use a portion of reserves to reduce the amount financed.
• Final refinancing documents may require a special board meeting because no regular meetings are scheduled for November or December.

Chairman's Remarks

Closing remarks from board chair.

The Meeting was Adjourned

The meeting adjourned at approximately 7:49 pm