Welcome and Call to Order

The meeting will be called to the order at 6:35 pm.

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

Discussion RE: Finance Committee

Resurgence Hall Charter School: Presentation includes monthly financial presentation, balance sheet, budget vs. actuals, cashflow, income statement, YTD credit card register, financial workbook, November, December, and January financials, November, December, and January bank reconciliations and registers -which includes all banking accounts, credit cards, and checks. Review of FY24 Balance Sheet.

• Modify language discussion of financials for the months.
• January Financial Package
• 73K reduction in operating vs. December
• RHPA's Net income decreased by 73K due to personnel- retention bonuses that were given out in January which had to be reallocated, staff transitions in semester 2, and the replacement of 2 copiers which are cheaper to purchase than to lease due to the amount of copies we make, will capitalize the copiers. Historically, CSP grants have purchased the copiers in the past. This is the first time we’ve used state funds to purchase copiers. SPED is trending high and may continue throughout the year but is based on parents wanting evaluations and depending on the outcome of the evaluation. 
• Healthy cash balance
• 90/100 SCSC Financial

Resurgence Hall Middle Academy: Presentation includes monthly financial presentation, balance sheet, budget vs. actuals, cashflow, income statement, YTD credit card register, financial workbook, November, December, and January financials, November, December, and January bank reconciliations and registers - which includes all banking accounts, credit cards, and checks. Review of FY24 Balance Sheet.

• 33K Increase
• $58K capitalized technology install so forecast reduced back to budget
• Personnel reallocation, and security adjustments. We will submit for reimbursement for security expenses. 
• Healthy cash balance.
• 90/100 financial performance points
• Would like to know what the readjustments are regarding staffing and they will be shared.

Money Market Account

Discussion RE: Academic Committee

Resurgence Hall Charter School: Review 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 FY24.

Resurgence Hall Middle Academy: Review 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 FY24.

• Enrollment updates
• Lottery was held on February 19th
• Target enrollment is 650, released 169 released seats. Continue to pull off of the waitlist to meet enrollment targets. 

Discussion RE: Governance Committee

Resurgence Hall Charter School: Review board membership, board recruitment, board fundraising progress, and the review of policies that govern Resurgence Hall Charter School.

Resurgence Hall Middle Academy: Review board membership, board recruitment, board fundraising progress, and the review of policies that govern Resurgence Hall Middle Academy.

Atlanta in-person training coming up on April 17th. Online training can be started now.

Adjournment

The Meeting was Adjourned

The meeting adjourned at approximately 7:00 pm