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Alma del Mar

Alma del Mar Board of Trustees Meeting

Published on August 2, 2018 at 10:52 AM EDT

Date and Time

Monday February 26, 2018 at 8:45 AM EST

Location

515 Belleville Ave., New Bedford, MA 02746

Agenda

Section Number Topic Number Details
I. Opening Items
 
Opening Items
  A. Call the Meeting to Order
  B. Good and New
  C. Record Attendance and Guests
  D. Approve Minutes
    Approve minutes for Alma del Mar Board of Trustees Meeting on January 26, 2018
II. Academic Excellence
 
Academic Excellence
  A. Mid Year Academic Report
III. Executive Director
  A. E.D. Report
  B. Strategic Growth Planning: Discussion of Feasibility and Financial Modeling
   
Review "greenlighting" criteria outlined in working group slides and determine feasibility of different options for growth.
Determine whether we will be ready to vote on a plan next month
 
IV. Governance
 
Governance
  A. E.D. Midyear Review
V. Finance
 
Finance
  A. Finance Report
  B. 2018-19 Budget Draft
   

Attached is a preliminary draft of our budget for next year.

Biggest headline: We are assuming additional staffing in order to build out curriculum and have also built in staffing to prepare for additional growth. On the revenue side, we're assuming a modest additional fundraising campaign, combined with remaining reserves, to cover this additional cost.

 
  C. Motion to permit the School to open a Treasury Direct account
   

The purpose of this account would be to invest short term funds, allowing for a modest but risk-free return.
VI. Development
 
Development
  A. Development Report
  B. From the Heart
VII. Governance
  A. Request to complete Board Self-evaluation surveys
   

The governance committee requests that trustees complete, within the next two weeks, the series of short questionnaires that will be sent via Board on Track. This is for the purpose of completing a Board self-review.
VIII. Closing Items
  A. Adjourn Meeting