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: May Financials

Financial Update

• Some higher-than-forecast spending at year-end in benefits, services, and supplies.
• Largest increases were in professional development, security, student recruitment, and EdTec fees.
• Updated forecast: $818,812 (down from $864,354)

Grant Drawdowns

• Title I: 80% drawn, final submission in July.
• Title II, IV, IDEA 611 & 619: 100% drawn, all funds received

Cash Position

• Forecast to end FY25 with 369 days’ cash on hand.

Performance Dashboard (as of 5/31/25)

• Scored 90/100, meeting all financial standards.
• Strengths: strong cash reserves, timely debt repayment, positive efficiency margin

Resurgence Hall Middle Academy: May Financials

Financial Update

• Stable forecast overall, with minor savings in HR and janitorial services.
• Increased spending in PD and art supplies, balanced by savings in events and textbooks.
• Updated forecast: $411,596 (slight increase from $410,646)
• .

Grant Drawdowns

• Title I: 80% drawn, final submission in July.
• Title II, IV, IDEA 611: 100% drawn, all funds received
• 
  

Cash Position

• Forecast to end FY25 with 264 days’ cash on hand

Performance Dashboard (as of 5/31/25)

• Scored 90/100, meeting all financial standards.
• Strengths: efficient operations, strong cash reserves, healthy debt ratios

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.

Part I % Incomplete - Relocation to GA, Housing verification (utility and/or housing)

Part II % Incomplete (highest) - Ear/Eye/Dental - Form 3300 this is very common as peds appointments are June - August

Part III % Incomplete (lowest) - Blanks or incomplete information

RHPA Headline - We are over enrolled in RHPA by 45 scholars, however, historical data and trends lead us to believe we will

land around 430 FDOS and closer to 420 (target) for count day.

RHMA Headline - We are at target of 290 scholars. Historical data and trends (limited) lead us to believe RHMA families will

commit and attrition low.

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.

• Board Prospective Members
• SCSC training compliance recap - will correct tenure error and attendace question for Steven

The Meeting was Adjourned

The meeting adjourned at approximately 7:04 pm