The Academy of Alameda Charter School Board
Minutes
Special Board Meeting
Date and Time
Monday September 9, 2024 at 5:00 PM
Location
The Academy of Alameda
401 Pacific Ave
Alameda, CA 94501
Room 203
Special Meeting: Vote on Unaudited Actuals
Directors Present
D. Forbes, J. Laird, J. Laird, K. McCoy, R. Rentschler, W. Schaff
Directors Absent
A. Price, C. Robie, M. Payne
Guests Present
C. Chilcott, D. Espinosa, J. Yang, N. Stewart, william.schaff@gmail.com
I. Opening Items
A.
Call the Meeting to Order
W. Schaff called a meeting to order on Monday Sep 9, 2024 at 5:03 PM.
B.
Record Attendance
C.
Public Comment on Non-Agenda Item
II. Voting Item
A.
FY 24 Unaudited Actuals
III. Closing Items
A.
Adjourn Meeting
There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 5:52 PM.
Respectfully Submitted,
W. Schaff
N. Stewart presented the unaudited actuals for the 23-24 school year. There was some discussion around the fact that the deficit was $118K more than the previous forecast in May. The various reasons for this change were discussed. EdTec will be encouraging us as an organization to be more conservative as we budget into the future. EdTec also presented a Financial Update incorporating the revised numbers. Part of this update included a cash projection showing that we will probably need to transfer money out of our LAIF account in February and May.
D. Forbes moved to accept the Unaudited Actuals for 23-24. K. McCoy seconded the motion. The motion passed unanimously.