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Alma del Mar

February Board of Trustees Meeting (VIRTUAL)

Published on February 28, 2024 at 7:15 AM EST

Date and Time

Friday March 1, 2024 at 9:00 AM EST

Anti-Racism Statement: Alma del Mar strives to be an anti-racist institution. We seek to dismantle racist and white supremacist structures in pursuit of justice and racial equity. We will fight against racism when we encounter it both within and outside of our school community. We will actively work to ensure that all of our community members, including scholars, families, and staff, feel included, celebrated and empowered. By resisting racism and white supremacy, we will lay the foundation to challenge all forms of oppression.

Agenda

Section Number Topic Number Details Purpose Presenter Time
I. Opening Items 9:00 AM
  A. Record Attendance   Dave Prentiss 1 m
  B. Call the Meeting to Order   Dave Prentiss 1 m
  C. Equity Moment Discuss Gail Fortes 5 m
  D. Approve January Board Meeting Minutes Approve Minutes Maria Rosario 2 m
     
II. Executive Director Report 9:09 AM
  A. Dashboard FYI Taylor DeLoach 5 m
  B. Executive Director Report FYI Taylor DeLoach 5 m
III. Academic Excellence 9:19 AM
  A. Q2 Academic Update Discuss Taylor DeLoach 15 m
IV. Development 9:34 AM
  A. Fundraising Updates Discuss Becca Kurie 5 m
  B. Board Development Plan for 2023-24 Discuss Becca Kurie 5 m
V. Finance 9:44 AM
  A. 5 Year Projections FYI Charles Holley 5 m
   

5 Year Projection Model previously used when seeking financing for Douglass Campus

 

Notes and Assumptions:

FY24 Revenue & Expenses are based on FY24 Q2 Projections from financial statements

Tuition-conservative 3.5% increase year to year (FY24 & FY25 % increase are from DESE rates released)

Salaries - 3%

Admin - 1%

Instructional, Contingency & Facilities - 2%

Debt-based on loan amortization schedules

Projections DO NOT include any ESSER Funding

 

Lines highlighted in YELLOW will be focus of discussion

  
  B. FY24 Surplus Spending Proposal Vote Charles Holley 5 m
VI. Governance 9:54 AM
  A. Board Retreat Next Steps Discuss Gail Fortes 10 m
  B. Succession Plans Vote Gail Fortes 10 m
  C. Strategic Plan for Alma Discuss Taylor DeLoach 5 m
   
  • See Alma's most recent Strategic Plan attached (created 2017-2018)
  • Update on current strategic planning status
  
  D. March Board Meeting Date FYI Gail Fortes 2 m
   
  • Next Board meeting is on Good Friday 3/29
  • Please reach out in advance if you are unable to attend
  
VII. Other Business 10:21 AM
  A. Alma Email Usage and Scheduling Board Meetings FYI Dave Prentiss 1 m
   
  • Please make sure to check your Alma email regularly for Board communication and Board on Track RSVPs; alternate email addresses will be included as requested.
  • Scheduling board meetings will be addressed in coming weeks; look for email asking for further input.
  
  B. DESE Site Visit FYI Taylor DeLoach 2 m
   
  • Year 3 of accountability cycle - DESE Site Visit
  • March 21, 2024
  • Focus Group Details:
    • Virtual on March 20, 2024 9am-10am
    • Requirements: Board Chair + no more than 9 trustees attend
    • Please respond to Becca's email with your availability
  
VIII. Closing Items 10:24 AM
  A. Adjourn Meeting Vote
  B. For Reference- Board Calendar of Monthly Activities FYI
  C. For Reference- Updated Calendar of Meetings for AY23-24 FYI