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Alma del Mar

Board Meeting

Published on September 24, 2019 at 8:44 AM EDT
Amended on October 22, 2019 at 4:23 PM EDT

Date and Time

Friday September 27, 2019 at 11:00 AM EDT

Location

Alma del Mar Charter School, 145 Davis Street, MA 02746

Agenda

     
I. Opening Items
 
Opening Items
  A. Good + New
  B. Record Attendance and Guests
  C. Call the Meeting to Order
  D. Approve Minutes
    Approve minutes for Board Meeting on August 23, 2019
  E. Approve Minutes
    Approve minutes for Alma del Mar Board of Trustees on January 11, 2019
II. Executive Director
  A. Executive Director’s Report
  B. Network and Campus Goals
  C. Enrollment Plan Update
   

As part of our updated Enrollment Policy due to be approved by DESE in November, we must also submit the “rollout plan” for our additional seats at the Frederick Douglass Campus.

This item is for Board discussion in September and possible approval in October.

Alma leadership is proposing a change in how these seats are allocated across grade levels in the coming years. While this will not impact our overall seat allocation for each year (as approved by DESE last February) it would impact the number of students in our middle school vs. elementary program at the Douglass.
III. Development
 
Development
  A. Devo Com Annual Goals
IV. Finance
 
Finance
  A. August FY20 FInancials
   
Internal financial statements have been reformatted.
Blance Sheet-Includes QALICB II for land acquisition costs
P&L- Includes Combined P&L along with individual P&L's for both Campuses and Network
  B. FY19 Draft Audit Report
   

Daniel Dennis presented the Draft FY19 Audit Report to Fincom on 9/19/19.  Report had an Unmodified Opinion with no material weaknesses and no instances of non-compliance.  MD&A will be revised over the coming weeks.  
  C. BPB Term Sheet
   

$500k LOC and $500k Pledge LOC
Borrower=Foundation
Guarantor=School
V. Governance
 
Governance
  A. GovCom Annual Goals
  B. Trustee Expectations
   

Discuss annual expectations for individual trustees and how members of the Board will hold each other accountable for meeting them
VI. Academic Excellence
  A. Academic Excellence Annual Goals
  B. 2018-19 MCAS Data
VII. Closing Items
  A. Adjourn Meeting
VIII. Other Business