Greg Thompson presented a status update on current and incoming cash flow. Cash is expected to stay around 300K. 

The budget for 2024-2025 had previously been approved-there are no significant changes. 

Cash flow starting in August of 2025 will be a priority to focus on before per pupil funding begins. 

The goal is to raise 30k per dinner with a focus on 10 key turners per event. Possible dates for the first event: September 5th and 7th from 6-8PM. The event will be an interactive conversation over dinner. Invitations will go out the week of August 19th. The entire board is not expected to attend. 

Future dates:

-Tuesday, 10/8

-Monday, 10/14

Additional dates will be provided. 

The strategic goals for Invictus are the goals the committee is proposing the CEO be evaluated on as these are the goals that are required for the school to open and be successful. 

The committee will present the documents (survey tool and goals) at the next board meeting. A mid-year review will be completed at some point in November or December. From January-March  the evaluation will be completed. 

By the board meeting in June 2025, the committee will be on track to help the CEO develop goals for the next calendar year. 

Original by-laws were edited. The committee chair requested additional time to improve upon the By-laws and abstain from voting until the next meeting. 

The committee chair presented an updated policy and process for the recruitment of committee members and board members. 

Committee job descriptions will be further defined for clarity of roles and responsibilities. The intention is to streamline the process to integrate committee members more quickly into committee meetings. 

The addition of requiring a background check for board members was included and a topic of discussion. 

Questions for the future that the CEO will investigate: as volunteers sign up for in school service, will they pay for their own background checks or will the school cover the costs? Will we honor background checks from other entities or will they be required to be taken at our preferred service provider? What elements are disqualifying (that may come up in the background check)?  More research is needed before coming to a consensus on this topic.