The Academy of Alameda Charter School Board
Board Meeting
Date and Time
Thursday October 27, 2016 at 6:30 PM PDT
Location
401 Pacific Avenue, Alameda CA 94501- IA Room (Former Middle School Library)
Agenda
| I. | Opening Items | |
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Opening Items
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| A. | Record Attendance and Guests | |
| B. | Call the Meeting to Order | |
| II. | Consent Agenda | |
| A. | Approve Minutes from September 29 Board Meeting | |
| B. | Approve September Check Register | |
| C. | Approve the Elementary School Quality Review (SQR) | |
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As part of the requirements for the Public Charter Schools Grant Program (PCSGP), the elementary school was required to get a School Quality Review (SQR). The attached report was prepared by the Charter Schools Development Center (CSDC). |
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| D. | Line of Credit Application (ES & MS Topic) | |
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The school has had a $100K collateral line of credit for the past 3 years. The line has matured and we are recommending that the school secures a regular line of credit that would not require us tie up $50K in cash. Admin is recommending that the organization request a $150K line of credit. This would be a 2 year line of credit and cost $100 for the application fee. Interest is only charged upon use. Current signers on the bank account of David Forbes, William Schaff, and Matthew Huxley.
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| III. | Board Communications | |
| A. | Administrative Report - Middle and Elementary Schools | |
| B. | Board Ad Hoc Subcommittee Work (ES & MS Topic) | |
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Review Board Ad Hoc Subcommittee Membership and Organizing Structure Document. Each subcommittee should meet by the November Board meeting |
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| C. | Diversity Enrollment Plan (ES and MS) | |
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Review strategies to attract a diverse applicant pool |
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| D. | K-8 Communication Coordinator and Grant Writer | |
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Review new position. We added a grant writing role to the position. |
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| E. | Review and Provide Feedback on New Lottery Language Proposals (ES & MS Topic) | |
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Review additional data that was requested during the September 27 Board meeting on the same topic |
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| IV. | Financial Update | |
| A. | 2016-17 Monthly Financial Update (ES & MS Topic) | |
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Review the monthly financials through September 2016 for the elementary and middle school.
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| B. | Discuss 16-17 Budget & Current Forecast for Elem & Middle School | |
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This updated forecast includes changes made to projections since the June 30, 2016 approved budget. An updated budget will be approved with the 16-17 1st Interim Report at the December Board Meeting. **Attachments are included in the Financial Update (Agenda Item IV-A).
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| V. | Action Items | |
| VI. | Closing Items | |
| A. | Review November 29 Board Agenda Topics | |
| B. | Adjourn Meeting | |