Washington Latin

Minutes

Monthly Board of Governors Meeting

December 2022 Meeting

Date and Time

Thursday December 1, 2022 at 6:00 PM

Location

via zoom webinar

 

https://us02web.zoom.us/webinar/register/WN_uRbVTeT2QDy1JHHc-WG__A

Directors Present

A. Graham (remote), B. Caldwell (remote), B. Williams-Kief (remote), C. McFadgion (remote), C. Wilkinson (remote), E. Paisner (remote), F. Perera (remote), J. Osgood (remote), K. Merritt (remote), L. Ballenger (remote), L. Rucker (remote), P. Jayachandran (remote)

Directors Absent

None

Guests Present

C. Davis (remote), J. Kelly (remote), K. Cromwell (remote), P. Anderson (remote)

I. Opening Items

A.

Record Attendance

B.

Call the Meeting to Order

C. Wilkinson called a meeting of the board of directors of Washington Latin to order on Thursday Dec 1, 2022 at 6:01 PM.

C.

Approve Minutes

L. Ballenger made a motion to approve the minutes from Annual WLPCS Board of Governors Retreat on 11-12-22.
K. Merritt seconded the motion.
The board VOTED to approve the motion.
Roll Call
J. Osgood
Aye
F. Perera
Aye
E. Paisner
Aye
L. Ballenger
Aye
P. Jayachandran
Aye
B. Caldwell
Aye
B. Williams-Kief
Aye
A. Graham
Aye
L. Rucker
Aye
C. McFadgion
Aye
C. Wilkinson
Aye
K. Merritt
Aye

II. Executive Report

A.

2nd Street Campus Updates

Jimmy Kelly provided updates on newly hired personnel, visits from personnel from other schools, and ongoing challenges. There was a lengthy discussion about compensation.

B.

LEA Overview

Peter Anderson highlighted a couple of points from the written report. He lingered for a few moments on the challenges related to the city's plans to make 8th street one way between Franklin and Monroe NE. He also encouraged board members to attend upcoming events.

III. Finance

A.

Audit Review

Peter Anderson provided an update on the audit. There were no findings.

E. Paisner made a motion to Accept the audit report.
K. Merritt seconded the motion.
The board VOTED to approve the motion.
Roll Call
L. Rucker
Aye
L. Ballenger
Aye
F. Perera
Aye
C. Wilkinson
Aye
E. Paisner
Aye
P. Jayachandran
Aye
J. Osgood
Aye
C. McFadgion
Aye
B. Caldwell
Aye
K. Merritt
Aye
B. Williams-Kief
Aye
A. Graham
Aye

B.

October financials

Peter Anderson reviewed the October financials. We are pretty much on track.

C.

LIBOR update

Peter Anderson talked about the transition from LIBOR to SOFR.

D.

TIAA Plan Merger

B. Caldwell made a motion to To accept the resolution to merge the TIAA plans.
L. Ballenger seconded the motion.
The board VOTED to approve the motion.
Roll Call
C. Wilkinson
Aye
L. Ballenger
Aye
B. Williams-Kief
Aye
B. Caldwell
Aye
A. Graham
Aye
J. Osgood
Aye
F. Perera
Aye
E. Paisner
Aye
L. Rucker
Aye
C. McFadgion
Aye
P. Jayachandran
Aye
K. Merritt
Aye

IV. Quick committee updates

A.

Audit Committee

Ken Merritt provided a summary of the most recent audit committee meeting (held on November 28th, 2022).

V. Follow-Up from Retreat

A.

Next steps with strategic planning

Peter Anderson discussed possible next steps with strategic planning. There was agreement that there needed to be an implementation plan. We need to work on a RFP. 

B.

How the Latin Way ought to impact board recruiting, onboarding, and ongoing operations

There was not sufficient time for us to address this topic.

VI. Deep Dive Topic

A.

Admissions Recruiting

We started the discussion about this topic, especially focused on outreach to prospective Latinx families.

VII. Facilities

A.

Update on latest with real estate project

Tom Porter provided a quick update on the real estate project.

VIII. Closing Items

A.

Adjourn Meeting

B. Caldwell made a motion to To adjourn the meeting.
K. Merritt seconded the motion.
The board VOTED to approve the motion.
Roll Call
B. Caldwell
Aye
P. Jayachandran
Aye
L. Rucker
Aye
K. Merritt
Aye
J. Osgood
Absent
E. Paisner
Aye
C. Wilkinson
Aye
C. McFadgion
Aye
A. Graham
Aye
B. Williams-Kief
Aye
L. Ballenger
Aye
F. Perera
Aye
There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 8:26 PM.

Respectfully Submitted,
P. Anderson