Laureate Academy Charter School Board of Directors
Minutes
Board Meeting
Date and Time
Wednesday September 20, 2023 at 5:30 PM
Location
Laureate Academy Charter School
The matters listed are those reasonably anticipated by the Chair to be discussed at the meeting. Not all items listed may, in fact, be discussed. Other items not listed may be brought up for discussion to the extent permitted by law. All agenda items are informational unless otherwise denoted, though all committee reports require a vote for acceptance. Unless otherwise stated due to COVID-19 precautions, the meeting will be held on the campus of the school (2115 Oakmere Drive Harvey, LA 70058)
Directors Present
Caitlyn Scales, Dr. Jahquille Ross, Jake Krupa, Jordan Whittenburg, Nicholas Aucoin, Toyane Faulkner
Directors Absent
Jaime Behen
Ex Officio Members Present
Claire Heckerman-Whitehead
Non Voting Members Present
Claire Heckerman-Whitehead
Guests Present
Jonathan Tebeleff (remote)
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
C.
Approve Minutes
II. Board Specific Items
A.
Recruiting New Board Members
B.
VOTE: Interim Board Secretary
Jaime has resigned the Secretary position in communications with Claire. Open Secretary position to be filled on an interim basis.
III. Finance Update
A.
Finalized Year End Numbers & Audit Updates
Jonathan walked Board through mostly finalized FY23 results, caveat is ESSERII reimbursement that may still come through.
Board reviewed reforecast, budget surplus increasing due to unfilled staff positions and increase in revenue.
B.
VOTE: Cash and Investment Policy
C.
VOTE: Differentiated Compensation Policy
D.
VOTE: Certificated and Support Staff Stipends Allocation
E.
Review: Compliance Questionnaire for Audit
Board reviewed the compliance questionnaire and responses to each question.
President, Secretary, and Treasurer will sign the questionnaire.
F.
Review: Governance Communication
Board reviewed the engagement letter from the auditors.
Board discussed potential new board members, one to be voted on in October meeting. Already met with Claire and toured campus. Jahquille to follow up with them.
Toyane is searching for connections for new members with legal expertise.
Explored additional connections from Leadership Jefferson, focused on West Bank.