Maria Fernandes gave the report in Lourdes Pires absence

• https://docs.google.com/document/d/1zYUmv3ISFbXHXCkUysC7ePqRkndlkV0I/edit?usp=sharing&ouid=112394986307702823524&rtpof=true&sd=true
• Have there been any changes due to the concerns in Brockton?
  • We have received some more applicants but not noticeably

The following presentation was made to spotlight a 9th grader, staff member, teacher, and department: https://docs.google.com/presentation/d/1LW9oX24l6dsfgZXsvmfOuhC0Y9Q9tbAlbRIzgyUl9JQ/edit?usp=sharing

Did not discuss due to Lourdes Pires absence.

Did not discuss due to basketball game occurring at the same time.

Nicolas presented the following presentation on Discipline: https://docs.google.com/presentation/d/1w2YPx9tZX4jKOmk3nI8j-sinCA5GxiyLuGeVcA78R34/edit?usp=sharing

• Fight is with 2+ people, Battery is one person, Physical Altercation is lower level incident
• Board suggest showing comparison to incidents from last year, will include that in presentation next month.
  • Nicolas prepared the graph and it showed that we are around the same in fights and batteries, but much lower in January in terms of Physical Altercations
• Is there data being tracked on what caused the incident? 
  • All incidents are mediated if both parties are willing. There is a suspension for every altercation and students attend a re-entry meeting with parents, counselors, and deans when they return from the suspension. 
• Have we had any more police involvement this year?
  • Not due to fighting.
• Are you comfortable with where we are in our discipline? 
  • Very comfortable, might end the year with suspensions on the high side but we knew that was the byproduct of decreasing violence. 
  • Do all the incidents end in suspension?
    • Yes, every incident shown here has had a suspension.
• Have there been assaults on staff?
  • There was one in the hallway and another student tried to throw a chair which accidentally hit a staff member
• Will there be any impact from the incidents happening at Brockton?
  • We are accepting no new students. We have created a culture of respect and we don't anticipate that changing.
• Are surveys of the students done periodically?
  • Using Panorama to do this, did one at the beginning of the year and will do another one in March. 
  • Board requests to see results of the survey.

Nicolas presented the following presentation on Grades: https://docs.google.com/presentation/d/1w2YPx9tZX4jKOmk3nI8j-sinCA5GxiyLuGeVcA78R34/edit?usp=sharing

• What was done that had 13% to 1% in 7th grade that didn't translate in the 6th grade? 
  • Not sure what was done differently between 7th and 6th grade but all special ed teachers have increased phone calls home, hours spent co-planning with general ed teachers, held after school tutoring, and increased interventions after Q1 results.
  • Special ed in 6th grade is a larger group than 7th grade which could partially explain the higher failings in 6th grade. However, emphasizing that 6th grade as a whole saw increase in Fs while special ed didn't. 

• Each ring is about $200 and can go up to $300.

Did not hold a formal meeting this month due to school vacation.

Shelly Jackson reported that the finances are inline with expectations.

Committee noted that there is nearly $3 million sitting unused in an account and have invited David Hutchinson to the meeting to discuss the benefits of a money marketing account to invest the funds. Funds in the account are fully liquid, fully insured, and have a 4.50% APY. 

• How long is the rate good for?
  • The rate will increase and decrease with the Fed. June is when it's forecasted for the Fed to make its first cuts in the cycle, projected to cut 4-5 times this year. The rates will decrease in sympathy with the Fed. Won't drop from 4.50% to 2%, will be more of a glide path.
• The school can get the money whenever needed? 
  • There is no penalty as long as it doesn't look like a money operating account, the funds are fully liquid otherwise. 
• Is there a limit on an amount that gets the full APY?
  • Every dollar in the account would receive the 4.50%.
• Is there anything the bank can do to give us a better rate due to the balance and relationship?
  • Did look into that, this offer is higher than current offers for other customers. Competitors may be offering up to .50% higher but they appear to be promotional rates. There is the option of a CD with higher rates (5%) but the money won't be available without penalty.
• Is there a minimum amount? 
  • It's $1,000 to open an account.
• Does the Money Market trail the Feds Fund rate? 
  • Yes it will follow in a glide pattern. May not decrease rates depending on how the Fed Fund moves, won't necessarily decrease the rate.
• What's the minimum CD term to receive the 5% rate? 
  • Would be happy to do 3, 5, 10 months at 5%
  • How long is that 5% good?
    • Will honor the rate if there is a decision in the next week or two. The Fed has their next meeting in March and very low possibility their rates will change then. Will be the rates for the foreseeable future. 
• How much money are we talking about? 
  • Would look to put $1 million into investments.

Discussion by board regarding benefits and drawbacks of both a CD and Money Market account. 

Judge Phillips requested that Jeff Charnel, Jason Radzevich, and William Lyttle work with the Finance Committee to make the decision and join the committee. 

Shelly Jackson will reach out to Nicholas Christ to let him know the decision and begin the process of crafting a recommendation for the full Board.

• Analysis should include the amount that's available to invest in each type of account, penalties for withdrawing and moving funds, and operational aspects of each account.
• Omari Walker recommends not guessing beyond June 30 what the expenses will be and working within the approved budget and fiscal year.

Vincent Marturano shared that Dr. Sauvignon stepped down from the board and that Dr. Gail Gibson Sheffield is happy to step in as the MCC representative. The Committee would like to put a motion forth to approve Dr. Gibson Sheffield to join the Board.