D. Prentiss shared S. Furtado's resignation letter. 

Board reviewed May 2026 Board Dashboard. DeLoach drew attention to the staff retention data. 

T. DeLoach provided an update on the Strategic Plan implementation. Board reviewed the intended impact and outcomes of the Strategic Plan, as well as progress on initiative implementation. In the area of Educator Excellence, C. Bator inquired about career advancement pathways as they pertain to leadership pathways. T. DeLoach clarified that Initiative 2.D is prioritizing pathways to becoming lead teachers and making the lead teaching position more attractive and incentivized for staff. J. Korn inquired about staff who are not yet enrolled in BA programs outside of the Duet program and T. DeLoach clarified those outstanding barriers. In the area of Network and Role Clarity, C. Bator inquired about approach to gathering data about candidates who do not accept offers, both internally and externally. T. DeLoach shared processes for gathering data about internal staff departures, highlighting that compensation is sometimes the driving factor but not always, and that compensation is more frequently a driving factor for external candidates.  

J. Korn provided an update on progress in the area of Educator Qualifications. 

J. Korn shared Secondary Schools data for spring 2026, including applications submitted and high school matriculation data. C. Holley asked about the role of recruitment in the secondary schools process. J. Korn clarified that scholar and family choice is the primary driving factor, and A. Teevens shared about the role of the Secondary Schools Fair in exposing scholars to options. 

C. Holley provided an overview on the 5 Year Capital Plan. J. Korn inquired about the cost of fencing. T. DeLoach clarified that the third Church Street property may be available for purchase, which accounts for the projected size of the fence.

C. Holley provided an overview of the FY27 Budget, including updates to DESE tuition funding, staffing budgeting, and transportation budgeting. J. Korn inquired about the budget plans for student transportation for next school year. T. DeLoach clarified that the increases are related to busing for homeless scholars as well as scholars in Special Education settings, a cost that was previously covered by NBPS. 

C. Holley provided an overview on the Q3 Financials, highlighting the lines related to transportation, government grants funding, and salaries. C. Holley notes that the organization is tracking to a surplus. T. DeLoach clarified that LEA is Local Education Agency. 

C. Holley shared that this year's budget is trending towards a surplus. T. DeLoach confirmed that the Thank You bonus for staff has already been approved and is set to be distributed. 

T. DeLoach shared that the proposal is for the bulk of the surplus to go to the Replacement and Renewal Fund. T. DeLoach shared that the proposal also includes spending on an additional van and additional strategic planning support through the services of an executive coach. D. Prentiss added context about the value of this expense. C. Holley clarified that the executive coaching expenditure would be extended past June 30. 

C. Holley shared that the Finance Committee voted to transfer $4 million to a new investment account. 

C. Holley clarified who is listed as signors on current accounts. J. Korn inquired about requirements for double signatures for certain amounts. T. DeLoach will connect with Christine Fisher for the answer. 

T. DeLoach shared updates on the search to hire a new Director of Communication and Advancement, including that an offer is being extended to a candidate later this week. D. Prentiss expressed interest in engaging this new team member with the board. 

In the area of recruitment, L. Wood and D. Prentiss shared that the Finance Committee needs an additional trustee, and that the Development Committee needs a chair. D. Prentiss shared that someone with a building or facility background would be especially impactful. C. Holley shared that he has a potential candidate and will follow up. C. Bator clarified that the Finance Committee is in strong shape but just needs more representation from trustees. L. Wood also brought up the need to update the by-laws. The submission window is closing shortly for provisional approval from DESE. The Governance Committee will work on chunking the document to bring to the Board for ongoing updates.