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

Finance Committee

Resurgence Hall Charter School: January Financials

Monthly Financials Highlights:

• New CSGF facilities grant recognized.
• Increased spending in supplies and benefits.
• Recategorized:
• RHMA’s NSLP revenue to RHMA.
• Authorizer fee as negative state revenue.
• Meal sales forecast to RHPA.
• RHMA’s food management costs to RHPA.
• Lower utilities forecast, offset by higher waste services.
• Higher disability insurance forecast based on YTD costs.
• Final forecast: $589,954, up from $518,787.

Grant Drawdown Summary:

• Title I: 23% ($43,047) of $186,194 drawn down.
• Titles II & IV: 100% drawn down.
• IDEA 611 & 619: Budgets submitted to GaDOE, no funds drawn yet.

Cash & Dashboard:

• Forecasted to end FY25 with 343 days' cash on hand.
• SCSC Dashboard score: 90 (Meets Standards).
• Current Ratio: 2.24
• Days Cash: 352
• Debt to Income: 12.35%
• Timely Debt Repayment: Yes
• Efficiency Margin: 15.19%
• Debt to Asset: 83.02%

Resurgence Hall Middle Academy: January Financials

Monthly Financials Highlights:

• Three mid-year staff departures (not backfilled).
• New CSGF grant added.
• Recategorized:
• RHMA food management costs to RHPA.
• Authorizer fee as negative state revenue.
• RHMA’s NSLP revenue.
• Increased supply and building repair expenses.
• Reduced HR and PD cost forecasts.
• Final forecast: $515,786, up from $379,093.

Grant Drawdown Summary:

• No funds drawn down yet for any grants.
• Budgets submitted or pending GaDOE approval for all.

Cash & Dashboard:

• Forecasted to end FY25 with 285 days' cash on hand.
• SCSC Dashboard score: 90 (Meets Standards).
• Current Ratio: 1.54
• Days Cash: 284
• Debt to Income: 9.84%
• Timely Debt Repayment: Yes
• Efficiency Margin: 18.68%
• Debt to Asset: 84.56%

Governance Committee

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.

Academic Committee

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.

Lottery Information

• Lottery held Monday, February 19th, 2024 at 9:00 AM
• Registration started on Monday, February 26th
• 169 Released Seats!
• Projected Enrollment for 2024-2025
• K-4th - 84 scholars
• 5th - 80 scholars
• 6th - 80 scholars
• 7th - 70 scholars
• 650 total for 2024-2025 school year

Winter MAP Data

K

• Math- 76% last year vs 80% this year
• Reading- 73% last year vs 75% this year

1st

• Math- 86% last year vs 68% this year
• Reading- 64% last year vs 73% this year

2nd

• Math- 64% last year vs 60%  this year
• Reading- 58% last year vs 57% this year

3rd

• Math- 70% last year vs 62% this year
• Reading- 61% last year vs 69% this year

4th

• Math- 38% last year vs 61% this year
• Reading- 58% last year vs 68% this year

5th 

• Math- 64% last year vs 36% this year
• Reading- 72% last year vs 54% this year

6th: 

• Math- 48% last year vs 53% this year
• Reading- 50% last year vs 67% this year

7th

• Founding Grade Level for 2024-2025 school year

The Meeting was Adjourned

The meeting adjourned at approximately 7:02 pm