No individual presentation on agendized or non-agendized items shall be for no more than two(2) minutes and the total time for this purpose shall not exceed fifteen (15) minutes.  Speakers requesting translations will have four (4) minutes to present.  

The Board will hear public comments, and Identify next steps as needed.

Recommended Action: The Finance Committee has reviewed these materials and recommends approval of the Finance Committee packet as part of the Consent Agenda

• Link to Finance Packet: 
  • https://docs.google.com/presentation/d/1wB0XzpmjQ90TvUSyFHscmr3f-20XiBnd/edit?usp=sharing&ouid=111956390122871555115&rtpof=true&sd=true
• Link to the September / October check register:  
  •  

Recommendation:  CEO and the Senior Director of Technology recommends approval of an agreement for $88,707.95 between LCPS and AMS.net for needed Network Upgrades at the Lighthouse and Lodestar campuses.  This is a budgeted item, subsidized by E-rate, and requires board approval.  

Links:

• Board Memo:  https://drive.google.com/file/d/1an7jVelxrviZkMjy6v85Hg1jGTMt1svL/view?usp=share_link
• WLAN coverage at Lighthouse and Lodestar: https://drive.google.com/file/d/1H-6yj9nrc6Z3tfcg-skfUEvWqB-2w_kD/view?usp=share_link
• Cost Summary:  https://drive.google.com/file/d/1_di0DJHs3V_qaDx4It4TtKyJBf6_WSg9/view?usp=share_link
• Sales Order Agreement: https://drive.google.com/file/d/1Y5rKjkRy2yEW1K_U-yYKUxofvn4i_AP7/view?usp=share_link

Recommendation: The CEO and Director of College and Career Success recommend approval of the CCAP agreement between Chabot College and LCPS.  This would expand dual credit course offerings for our two high schools.  We currently have a CCAP agreement with the Peralta System through OUSD (Laney, Berkeley City College, Merritt, and College of Alameda) and this agreement would give us an additional college as we expand our Dual Credit programming.  

Link:  https://docs.google.com/document/d/1smjyGW_JZk-qHo7L8J9N5sp6bjKPRvdf/edit?usp=sharing&ouid=111956390122871555115&rtpof=true&sd=true

Pre Reading:

• CEO Reflections and Update:    
  • Link:https://docs.google.com/presentation/d/1o1QmAzdSCaxMICNSjll6yyBOiexwxkpzlRim7U0BUdY/edit#slide=id.g183bf939407_0_255

Summary and Questions about the Pre Reading:

• Questions/Feedback from the Board

Determine Next Steps for CEO/Board:

Pre Reading:

• Preview of where we are with our support and 18 Month Action Plan for Lighthouse and Lodestar:    
• Short Term Focus Plan with Instruction Partners:
• Anna Martin, Senior Director of People and Operations, recently gave a staff survey aligned to our Q12 indicators and other staff needs based questions.   
  • Link:  https://docs.google.com/presentation/d/1-BVXSq1qdTxIRQ5svEwLJWmVloq0MvQU_cgEDeJ0zws/edit?usp=sharing

Summary and Questions about the Pre Reading:

• Questions from the Board  

Determine Next Steps for Staff / AAC / CEO:

This presentation covers a few critical points now that LCPS has secured long term bond obligations as part of our facilities solutions at Lighthouse and Lodestar:

• Bond Dashboard: Debt Coverage, Days Cash on Hand, and EOY Bond Covenant
• Projected Cash Flow

Link to Presentation:  https://docs.google.com/presentation/d/12OPjqu-r5cS7Ftzr8rGlr7gQvl7h4qVm/edit#slide=id.g19ecb8b22c0_0_3

This presentation details the aggregate financial picture for our three LEAs as we will approve our First Interim Financial report that we will share with OUSD, our charter authorizers.  

• Finance Dashboard: Enrollment, Attendance, Finance Waterfall Chart, and Days Cash
• First Interim Highlights and Budget Revision variables
• Spending and FTE analysis
• First Interim vs. Year to Date comparison

Link to Presentation: 

https://docs.google.com/presentation/d/1wB0XzpmjQ90TvUSyFHscmr3f-20XiBnd/edit#slide=id.g19cb578f12a_0_4

Recommendation:  CEO and Finance Committee recommends approval of our three First Interim Reports.  These reports will also be sent to OUSD. 

Links:

•  Lighthouse K-8:  https://drive.google.com/file/d/1I4MVyR41bBK8LwIkDTqA1YArGNei5Eb9/view?usp=share_link
•  Lighthouse HS:  https://drive.google.com/file/d/1vZLrAO4838aT7B4m65i06LIlMwYxNYl5/view?usp=share_link
•  Lodestar K-12:  https://drive.google.com/file/d/1Zda-phKg1gWYXVOIK40n0Lc6SzqHxQwE/view?usp=share_link 

Recommendation:  CEO approves the adoption of this LCPS Policy, which has been prepared by our Legal Counsel at YMC.  As a public charter school that took on tax-exempt bonds backed by the California Schools Finance Authority (CSFA), we will need to follow this policy aligned to procurement procedures for federally funded projects for any capital expenditure funded by the $3MM as part of our bond package.  

Link:  https://docs.google.com/document/d/1FcoiOf0IuzAZzVNoXCHnrSi-DFSpfXCe/edit?usp=sharing&ouid=111956390122871555115&rtpof=true&sd=true