Golden Charter Academy
Minutes
GCA Board of Trustees Meeting
Date and Time
Thursday October 27, 2022 at 4:30 PM
Location
Golden Charter Academy is inviting you to a scheduled Zoom meeting.
Topic: GCA Board of Trustees Regular Meetings
Time: Oct 6, 2022 05:30 PM Pacific Time (US and Canada)
Join Zoom Meeting
https://us02web.zoom.us/j/88417324062
Meeting ID: 884 1732 4062
One tap mobile
+16699009128,,88417324062# US (San Jose)
+12532158782,,88417324062# US (Tacoma)
Dial by your location
+1 669 900 9128 US (San Jose)
+1 253 215 8782 US (Tacoma)
+1 346 248 7799 US (Houston)
+1 301 715 8592 US (Washington DC)
+1 312 626 6799 US (Chicago)
+1 646 558 8656 US (New York)
Meeting ID: 884 1732 4062
Find your local number: https://us02web.zoom.us/u/kdLSYLrhIw
Golden Charter Academy
1626 W. Princeton Ave
Fresno, CA 93705
Directors Present
B. De Vore (remote), D. Huff, E. Gonzalez (remote), I. Green (remote), K. Thomas (remote), R. Quinto, S. Barton
Directors Absent
None
Ex Officio Members Present
A. Breuer, J. Weber (remote), R. Golden
Non Voting Members Present
A. Breuer, J. Weber (remote), R. Golden
Guests Present
E. Ewing II, J. Xiong (remote)
I. Opening Items
A.
Call the Meeting to Order
B.
Roll Call
C.
Pledge of Allegiance
D.
Approval of the Agenda
E.
Public Comment
II. Consent Agenda
A.
Oct 6, 2022 Board Meeting Minutes Draft
B.
Financial Warrants
C.
Approval of the Consent Agenda
III. Information / Discussion
A.
Reports and Updates
Mandy Breuer (Principal Report)
Fall 2022 Quarter 1 Dashboard Report-
NWEA Cohort Growth for all grades in math and growth for K-3rd in reading. ELA and Math, Kinder came in above norm, 1st graders showing strong growth and above norm in math. Quarter 2 response to the data is to support the sometimes 6 grader levels represented in one classroom. Custom data dashboard for real-time tracking. Next MAP assessment end of February 2023.
Robert Golden (President/CEO Report)
Shout out to C.J Jones! Happy Birthday! Enrollment update with 262 students currently enrolled. Open enrollment in Kinder and 2nd grade. Charter School Growth Fund site visit went really well on Wednesday, 10/26. They were able to tour the site and join our Kinder's Presentation of Learning at the zoo. CSGF working hand in hand with PSCD and once funding finalized and approved, we will be able to close escrow on December 17, 2022. Received grant from the NFL to provide all GCA students with new sweaters. Ever GCA open it's door last academic year, we received 1.6 million in donations and funding. NFL Steelers offered GCA a Golf Course tournament contract with all proceeds donated to GCA.
Jim Weber (Financial Report, Charter Impact)
Expense forecast increased to utilize PCSGP ($535K available). Payment of new grants anticipated during 22/23, improving cashflow. Ending fund balance forecast $900k+ with federal support (PCSGP amd ESSER III). Addional factoring issued on October ($487,500 Nov, Dec, Jan). November advance forecast $325,000. Quarterly reporting will be completed during October. Enrollment at budget, early attendance rate lower (92%). 94% ADA forecast (249.1) and rolling UPP 91.3%. LCFF is calculated at $13,919 per ADA. LCFF forecast increased for 12.84% COLA (May budget). Ending fund balance forecast $918k, 20% should stabilize 23/24 cashflow.
B.
Board Assessment 2022-2023
Board Assessments are available for members to complete by Monday, 10/31. You can find this under the assessment tab on Board on Track.
C.
Board Work Shop
Work shop for results on board profiles and board assessment. Day/time TBD.
IV. Action Items
A.
Declaration of Need for Fully Qualified Educators
B.
Conflict of Interest Code 2022-2023
C.
Liability Pre Opening Loan From CEO R. Golden
V. Board Member Comments
A.
Next Regularly Scheduled Board Meeting
December 1, 2022 @ 5:30 PM.
Pledge of Allegiance led by Dr. Bard De Vore.