Congrats ED for the retention at 95%  

Training hours have changed for board members

• Existing board members: Now require only 6 hours (reduced from 9); current members need 3 additional hours.
• New board members: Defined as those with less than 2 years experience; require 9 hours (reduced from 12). 
• Current board members grandfathered into existing member 2 years
• Jen and Kate are the only members exceeding required training hours; Jen completed all training hours today. 

• Medical incident: Mr. Tony experienced a medical emergency and is at Emory Midtown; board sent prayers for his recovery.
• Teacher retention: 85% of issued contracts returned before spring break, reflecting strong school culture .
• Building renovation: Cook building features all new lighting, floors, HVAC, paint, playground turf, generator, intercom system, cafeteria tables, and office furniture .
• Move timeline: 9-day moving period starts around June 15th; less to move back than when relocating to Cohen 

• Building renovation: Cook building features all new lighting, floors, HVAC, paint, playground turf, generator, intercom system, cafeteria tables, and office furniture.
• Move timeline: 9-day moving period starts around June 15th; less to move back than when relocating to Cohen .

3-5 grades are preparing for Georgia Milestones

Teacher appreciation week is coming up.  Theme for this year 

is not being announced.  

• Georgia Milestones testing begins April 27th for grades 3, 5, and 8 (math and reading), continuing through May 8th for grades 4, 6, and 7 8.
• New this year: math retesting available for grades 5 and 8 in late May 9 and 10. 
• Reading progress scores will not count toward CCRPI due to new state reading standards implementation . 
• Parents encouraged to use GAExperienceOnline.com for test practice . Teacher Appreciation Week starts next week with a theme.

The committee plans to add two new board members for next year to ensure four experienced members for the 2026 charter renewal.   Interviews will be conducted by a governance subcommittee before the June board meeting.  Chris Wyatt and another member volunteered for the interview subcommittee .

• Seal the Seat event held March 19th following March 5th lottery; highly successful in converting offers to enrollments.
• Current enrollment: Mid-to-upper 750s, matching last year's end despite Cohen relocation.
• Re-enrollment process: All currently enrolled families must re-enroll annually per charter requirements; staff verifying residency through leases and utility bills.
• Upcoming events: Kindergarten Roundup this week; MYP Rise Up (6th grade transition) 

Lisa Price :  Presents financials .

Financial Report (February 2025)

Financial health: Strong balance sheet with $11.2 million in cash ($9M operating, $2.1M unrestricted reserves representing 45 days working capital).

February net income of $439,000 (revenues exceeded expenses).

Compensation represents 75-78% of total costs, consistent with charter school norms .

New funding sources identified:

• $52,000 facility grant from Georgia DOE 23
• $21,000 incremental security grant.
• $160,000 Governor Kemp appreciation stipend for certified staff (arriving April 15th).
• $100,000 transportation reimbursement for Cohen relocation costs .
• Additional APS fund balance allocation for appreciation stipend supplement.

Two required public meetings:

• First review: May 20th Finance Committee meeting (detailed budget review and Q&A) 
• Second review and approval: June 2nd board meeting (high-level review and vote).

Budget driven by enrollment forecasts, QBE funding, and Atlanta tax roll projections.