Edison School of the Arts
Minutes
Board Meeting
Date and Time
Tuesday May 15, 2018 at 3:30 PM
Location
Edison School of the Arts, Media Center
Edison School of the Arts Mission is to continue to be an educational and artful resource for all students, parents, community, and staff members by consistent and focused professional development, invitational practices by all, utilizing quarterly and annual reviews. We will continue to develop our educational and arts aesthetic by expanding our arts experiences, exposure, and partnerships.
Edison School of the Arts Vision is to provide an environment that promotes high academic and creative achievement through implementation of visual and performing arts course programming. We encourage students to become responsible citizens who are culturally diverse. We develop lifelong learners, appreciators, and consumers of the arts.
Edison School of the Arts Vision is to provide an environment that promotes high academic and creative achievement through implementation of visual and performing arts course programming. We encourage students to become responsible citizens who are culturally diverse. We develop lifelong learners, appreciators, and consumers of the arts.
Directors Present
E. Disney-Britton, G. Wallis, H. Leck, K. Feeney-Caito, T. Givens, T. Overdorf
Directors Absent
None
Ex Officio Members Present
N. Tuttle
Non Voting Members Present
N. Tuttle
Guests Present
A. Berns, Karen Fugate, P. Guthrie
I. Opening Items
A.
Call the Meeting to Order
E. Disney-Britton called a meeting of the board of directors of Edison School of the Arts to order on Tuesday May 15, 2018 at 3:37 PM.
B.
Record Attendance and Guests
C.
Adoption of the Agenda
E. Disney-Britton made a motion to accept the finance report with budget.
T. Givens seconded the motion.
The board VOTED unanimously to approve the motion.
II. Opening Comments
A.
Board Member Comments (2-min each)
None at this time.
B.
Public Comment (3-min each)
None at this time.
III. Consent Agenda
A.
Approve April Minutes
T. Givens made a motion to approve minutes from the Board Meeting on 04-17-18, at Edison School of the Arts, Media Center. Board Meeting on 04-17-18.
K. Feeney-Caito seconded the motion.
The board VOTED unanimously to approve the motion.
IV. Finance Committee
A.
Approve Financial Report-APRIL 2018
The board reviewed the Projection vs Budget Fiscal Report 2017-18. G. Wallis reported that monthly figures are actually thru April, May and June. There are moneys not in yet, but should be coming. Everything is on plan for the month. G. Wallis noted that equity is continuing to increase, we now have $307,000. Edison's balance sheet is very strong.
T. Givens made a motion to accept the Financial Report-April 2018.
E. Disney-Britton seconded the motion.
The board VOTED unanimously to approve the motion.
B.
2018-2019 Budget Update
G. Wallis presented the 2018-2019 proposed budget. Highlights or presentation and discussion include:
- Grant funds, including Walton Family Foundation Grant is not in the operating budget.
- 3% raise financial pool created in wages for staff, for an overall 3.8% increase in salaries.
- Money was budgeted for the creation of a professional video of Edison.
- $25,000 for professional development outside of arts integration that is separate from the grant.
- The board agreed to add $10,000 to the operational budget for PD.
- G. Wallis stated legal services fees have increased, and PEO (payroll) admin fee-increased to full year.
- N.Tuttle informed the board of the following personnel changes for the 2018-19 school year: Instructional Coach increased from 0.8 to 1.0, and adding an Interventionist to help with testing coordination, TRC administration, and intervention groups. One part-time Instructional Assistant will be retained, and we will maintain all other positions.
- IT increased to $19,000. Current technology belongs to IPS. New computers will need to be marked and set up as an Asset for Edison.
G. Wallis made a motion to approve the modified budget which totals a net revenue of $198,000 for academic year 2018-19, seconded by T. Givens, vote was unanimous.
V. Board Chair Report
A.
Board Policy on Accepting Grants & Gifts
None at this time.
B.
Board/Staff Approval Limits
None at this time.
VI. CEO, Head of School Report
A.
May CEO Report
None at this time.
VII. Governance Committee
A.
Annual Board Assessment
B.
CEO Annual Evaluation - Executive Session
E. Britton called for Executive Session
Board meeting reconvened at 5:19 PM
VIII. Closing Items
A.
Unfinished Business/Next Steps
B.
IMPORTANT BOARD DATES
C.
Adjourn Meeting
There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 5:26 PM.
Respectfully Submitted,
E. Disney-Britton