Brighter Choice Charter Schools
Minutes
Board Meeting
Date and Time
Thursday June 8, 2023 at 9:30 AM
Location
250 Broadway, Albany, NY 12207
Trustees Present
M. Snyder (remote), N. Velilla, R. McLaughlin, T. Hanmer, Z. Nelson
Trustees Absent
N. Maresca, P. Romain
Guests Present
K. Ford, L. Licygiewicz
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
C.
Approve Minutes
II. Governance
A.
Governance Committee Report
B.
ARP (COVID Grant) Public Comment
No public comment
III. Finance
A.
Finance Committee Report
The Finance committee met earlier this week. In advance of the meeting, Paul Augello provided updates to the budget and there were no material changes as we move to adopt
Through April we are tracking strongly according to Paul Augello and that puts us in a good position to begin the coming year with no anticipated issues.
Paul produced a one page summary about the coming year's budget based on projected enrollments in both schools, to be closely monitored through August. CARES funding will end in 2025, however interest income has increased. The staffing model is based on the needs of the school leaders and scholar needs as closely as possible. Health insurance costs continue to increase. This budget does not include the promised Employee Retention Credit because we have not received the funds yet.
The Governance committee had a strong report from the Girls' school about improvements in both reading and math, and we will be receiving a report from K. McLean on the Boys' school at the next meeting.
The board will need to vote to approve the food service bid from A'viands