Final

Global Leadership Academy

K-12 GOCA Board of Directors Meeting

K-12

Date and Time

Thursday June 29, 2023 at 4:30 PM EDT

Location

1252 Fromage Way

Jacksonville, FL 32225

Agenda

Section Number Topic Number Details Purpose Presenter Time
I. Opening Items 4:30 PM
 
Opening Items
 
  A. Record Attendance and Guests   Anna Korchuk 2 m
  B. Call the Meeting to Order   Larry Williams 1 m
II. Consent Agenda 4:33 PM
  A. Approve Previous Board Minutes 04-18-2023 Approve Minutes Larry Williams 1 m
     
  B. Approve Previous Board Minutes 5-31-23 Approve Minutes Larry Williams 2 m
     
  C. Monthly Financials (K-12) May 2023 Vote Dmitriy Goncharov 2 m
   

The schools continue to perform well above the original budgets. CSP office stated that they will have more time to review budgets during the summer months. We are closing the year

 

K8 Monthly Financials -  May 2023

HS Monthly Financials - May 2023

Intercoastal Monthly Financials - May 2023

  
  D. Board of Directors Officers Re-Appointments Vote Ilya Soroka 2 m
   

Recommendation to re-affirm the officers board members  Larry Williams as Board Chair, Cheryl Hearn as Board Secretary, and Veniamin Kushnir to Board Treasurer.

  
  E. Board of Directors Re-Appointments Vote Larry Williams 2 m
   

Recommendation to re-affirm board members based on the even numbers. 

 

  
  F. GOCA K-12 Monthly Board Meetings: 2023-2024 Schedule Vote Ilya Soroka 2 m
  G. Resignation letters Vote Ilya Soroka 2 m
   

Senior Staff have prepared resignation letters.

  
  H. Financial Advisor Engagement Letter Vote Ilya Soroka 2 m
   

GOCA needs to hire an FA for the GOCA Intercoastal Expansion

  
  I. Mental Health Plan Opting in District FYI Ilya Soroka 2 m
   

All schools K-8, K-8 Intercoastal, High School have chosen to opt in the district Mental Health Plan.

  
  J. Preliminary budgets 23-24 school years Vote Dmitriy Goncharov 2 m
   

The principals for every school as well as the Chief of Schools, CEO and myself worked for 4 months to develop the budgets for the 23-24 school year. The budgets are made in a conservative, fiscally responsible manner but at the same time, making sure students get all they need to get.

  
  K. Retirement of assets Vote Dmitriy Goncharov 2 m
   

The IT department and facilities have requested to retire old items, which include old Chromebooks, projectors, chairs and desks, and an old school bus without AC, which has never been used. If equipment is purchased with grant funding, the district will be notified and given an opportunity to pick up the items or it will be donated to other schools.

  
  L. Enrollment Update FYI Ilya Soroka 2 m
   

Enrollment Update as of June 2023.

  
III. Public Comments 4:56 PM
  A. Public Comments Discuss 5 m
IV. Approval of Consent Agenda 5:01 PM
  A. Approval of Consent Agenda Vote Larry Williams 1 m
V. Discussion Items 5:02 PM
  A. Reimbursement Resolution for GOCA Intercoastal Vote Ilya Soroka 2 m
   

The Borrower presently intends and reasonably expects to participate in a taxable or tax-exempt borrowing (the “Bonds”) by a
qualified conduit issuer to finance the Project, in one or more financings, in an amount not to exceed $[22,000,000],

 

  
  B. Outreach Education LLC Service Agreement Vote Larry Williams 12 m
   

Outreach Education is the Service Provider that is offering Services for GOCA Board's consideration. The Services and Compensation was reviewed by the Governance Committee on June 13th. The agreement has been reviewed by the Board of General Counsel.

  
VI. Board Comments 5:16 PM
  A. Adjourn Meeting Vote