Matt Thompson

Asked that this meeting be focused on budget. Recommended a third party intervention if needed to address concerns raised at other meetings. Encouraged board to focus on transparency

Amanda Sox Agduelo

Shared concerns about community lack of knowledge about LMS. Would like school to be more involved with local community at large through concerted outreach efforts to create more public awareness of what LMS offers.

Chance Massey with Copper Advisors led this discussion.

There will be no "miscellaneous" item on financial reports moving forward. Employees will now be coded accurately.

We will not hit budgeted 4.3 million in state aid for FY 25

Greg asked about accuracy of per pupil funding

We will have to pay back last year's funds not used from deferred revenue. Revenue can only deferred for 1 year. 

Alonso asked about current deferred fund usage

Status of LMS was LP before becoming 501c3 but some payroll was still being filed at LP; Copper is amending and making changes to align accurately

July and August pupil counts are dependent on day 135; Days 45 and 135 counts are most important.

Lizzy asked what date we need to know about deferred revenue usage; Chance said by date of audit and noted current deferred is likely spent but not coded correctly

Alonso asked for numbers to be shared when available on what will be sent back and what is unspent.

Jennifer Poole shared an update on process of hiring new director

Some interviews scheduled for tomorrow morning

Listing time has been extended

Heather Pottenger (committee member) shared that the listing has been shared in more Montessorri focused spaces

Angela Wright shared that the June 12 meeting was postponed due to low attendance; an email was sent to committee members to regroup and choose a new date

Jennifer Poole shared that community engagement is a focus

Wants to created "funding fun days" to communicate to parents the importance of attendance on count days and encourage students to want to attend

Lizzy Lyles asked if students have to be there all day for attendance to count on count days; Sarah Fox said she would find out. 

Enrollment: 90 seats filled; 2 offers are pending

Attendance was low on 135th day (several students moved)

All state testing results are currently embargoed (will be sent in Fall)

Kayla Lyon asked who runs social media; Sarah Fox said strategic plan includes who posts on certain days (Amy, Sarah, and Kelly G.)

Greg asked about email from insurance company re: litigation; Amy said it pertains to an injury

Jennifer asked about rental breakdown; will be discussed in budget meeting

Will be discussed in executive session