Washington Latin
Minutes
Special Board of Governors Meeting
Date and Time
Tuesday March 21, 2023 at 8:00 AM
Location
via zoom webinar
https://us02web.zoom.us/webinar/register/WN_Wv-_ZMWDT0W5jVB8ip3leA
Directors Present
B. Caldwell (remote), B. Williams-Kief (remote), C. McFadgion (remote), C. Wilkinson (remote), E. Paisner (remote), K. Merritt (remote), L. Ballenger (remote), L. Rucker (remote), P. Jayachandran (remote)
Directors Absent
A. Graham, F. Perera, J. Osgood
Guests Present
C. Davis (remote), G. Izurieta (remote), K. Cromwell (remote), K. Roberts (remote), L. Chia (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 Tuesday Mar 21, 2023 at 8:05 AM.
II. Finance
A.
Budget Overview
B.
Review salary line of proposed budget
L. Ballenger made a motion to approve the salary line of the budget.
B. Caldwell seconded the motion.
The board VOTED to approve the motion.
| Roll Call | |
|---|---|
| C. McFadgion |
Aye
|
| P. Jayachandran |
Aye
|
| B. Caldwell |
Aye
|
| L. Rucker |
Aye
|
| L. Ballenger |
Aye
|
| B. Williams-Kief |
Aye
|
| E. Paisner |
Aye
|
| C. Wilkinson |
Aye
|
| A. Graham |
Absent
|
| F. Perera |
Absent
|
| K. Merritt |
Aye
|
| J. Osgood |
Absent
|
III. Closing Items
A.
Adjourn Meeting
L. Ballenger made a motion to adjourn the meeting.
B. Caldwell seconded the motion.
The board VOTED to approve the motion.
| Roll Call | |
|---|---|
| L. Ballenger |
Aye
|
| A. Graham |
Absent
|
| C. Wilkinson |
Aye
|
| F. Perera |
Absent
|
| K. Merritt |
Aye
|
| J. Osgood |
Absent
|
| C. McFadgion |
Aye
|
| B. Williams-Kief |
Aye
|
| B. Caldwell |
Aye
|
| L. Rucker |
Aye
|
| E. Paisner |
Aye
|
| P. Jayachandran |
Aye
|
There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 8:35 AM.
Respectfully Submitted,
L. Chia
Geovanna Izurieta gave a presentation re LATIN's SY24 budget.
LATIN is seeking the board's approval of ONLY the salary line today.
LATIN's compensation philosophy is to aim for the salaries to be competitive among DC charters. Essential for faculty retention is also LATIN's EVP (Employee Value Proposition) that is comprehensive and holistic.
Geovanna Izurieta and Peter Anderson answered a few follow up questions after the conclusion of the presentation.
The proposed budget's potential risk and risk mitigation strategies were discussed.