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Teach Las Vegas

Minutes

TEACH Las Vegas Special Board Meeting

Date and Time

Thursday April 6, 2023 at 5:00 PM

Location

Beth Bulgeron is inviting you to a scheduled Zoom meeting.

Topic: TEACH LV Special Meeting
Time: Apr 6, 2023 05:00 PM Pacific Time (US and Canada)

Join Zoom Meeting
https://teachpublicschools-org.zoom.us/j/88347110217

Meeting ID: 883 4711 0217
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Meeting ID: 883 4711 0217
Find your local number: https://teachpublicschools-org.zoom.us/u/kdwqkz5VBj

 

Directors Present

D. Horn (remote), J. Carver (remote), N. Sarisahin (remote), Q. Branch (remote)

Directors Absent

C. Igeleke, T. Allison

Ex Officio Members Present

A. Moore

Non Voting Members Present

A. Moore

Guests Present

B. Bulgeron, E. Robles, L. Ramirez, M. Brown, R. Carranza, R. McNeel, S. Lawson

I. Opening Items

A.

Call the Meeting to Order

D. Horn called a meeting of the board of directors of Teach Las Vegas to order on Thursday Apr 6, 2023 at 6:05 PM.

B.

Record Attendance

C.

Public Comment

There was no public comment.

II. CONSENT ITEMS

A.

Approval of Board Agenda

J. Carver made a motion to approve the consent agenda.
N. Sarisahin seconded the motion.
The board VOTED to approve the motion.
Roll Call
D. Horn
Aye
C. Igeleke
Absent
Q. Branch
Aye
J. Carver
Aye
N. Sarisahin
Aye
T. Allison
Absent

B.

Approval of the Minutes of the February 27, 2023 Special Board Meeting

J. Carver made a motion to approve the minutes from February 27, 2023 meeting Special TEACH LV Board Meeting on 02-27-23.
N. Sarisahin seconded the motion.
The board VOTED to approve the motion.
Roll Call
N. Sarisahin
Aye
T. Allison
Absent
C. Igeleke
Absent
D. Horn
Aye
Q. Branch
Aye
J. Carver
Aye

III. ITEMS SCHEDULED FOR INFORMATION & POTENTIAL ACTION

A.

Financial Report

Richard McNeel gave the monthly financial report closing on February 28th.  Revenue was up and expenses were down but cash flow remains critical.  Mr. McNeel walked the board through the report and explained each indicator.  Board Member Carver asked about the term typical available factoring and McNeel explained the term.  

B.

CAM Factoring Agreement

J. Carver made a motion to Approve the CAM Factoring Agreement for $150,000.
Q. Branch seconded the motion.

Matt Brown presented the CAM Factoring Agreement and explained the board the need to increase the amount to $150,000, an increase of $50,000 from the presented in the packet materials.  

The board VOTED to approve the motion.
Roll Call
J. Carver
Aye
N. Sarisahin
Aye
C. Igeleke
Absent
Q. Branch
Aye
T. Allison
Absent
D. Horn
Aye

C.

Employee Retention Tax Credit

N. Sarisahin made a motion to Approve the ERC Service Agreement.
D. Horn seconded the motion.

Matt Brown presented the opportunity to earn an Employee Retention Tax Credit and explained the agreement.  Board member Sarisahin added to the presentation and shared that he was worked with the same attorney. 

The board VOTED to approve the motion.
Roll Call
N. Sarisahin
Aye
J. Carver
Aye
D. Horn
Aye
C. Igeleke
Absent
T. Allison
Absent
Q. Branch
Aye

D.

Enrollment and Transportation Amendment to the TEACH LV Charter & Fiscal Notice of Concern

Matt Brown described the amendments to the contract, first the enrollment, which essentially reflects a one year lag in targets, the transportation amendment, delayed due to lack of funding.  He also expressed that TEACH LV hopes to provide transportation in the future. He also described the Fiscal Notice of Concern, which was a result of the financial issues that have been covered at each board meeting. Board Member Sarisahin asked about the tone of the meeting with SPCSA and Mr. Brown stated that they were very supportive. 

E.

Tentative 2023-2024 TEACH Las Vegas Budget

J. Carver made a motion to Approve the Tentative Budget.
D. Horn seconded the motion.

Mr. McNeel presented the Tentative Budget and explained the timeline and process for finalizing the budget dueJune 10th.  He explained the staffing ratios, and anticipated year end indicators.  He also shared a longer term forecast that showed a healthier outlook but immediate cash flow will continue to be a problem in 23-24.  Board Member Sarisahin asked McNeel to provide the SPCSA financial evaluation indicators in each report.  Board Member Horn asked ED Moore how she felt about the necessity to reduce staff and she responded that her staff was dedicated to the students and would rise to the challenge of doing more with less. 

The board VOTED to approve the motion.
Roll Call
C. Igeleke
Absent
N. Sarisahin
Aye
Q. Branch
Aye
D. Horn
Aye
T. Allison
Absent
J. Carver
Aye

F.

Approve the Amended Charter Impact Contract

Q. Branch made a motion to Approve the Amended Contract with Charter Impact.
J. Carver seconded the motion.

Matt Brown provided context on the request to amend the contract with Charter Impact and David Leuck froom Charter Impact presented the proposal to the board and explained the rationale and long history working with TEACH Public Schools.  The amendment provided for reduced fees that increase as the school becomes stronger financially. 

The board VOTED to approve the motion.
Roll Call
C. Igeleke
Absent
T. Allison
Absent
J. Carver
Aye
D. Horn
Aye
N. Sarisahin
Aye

G.

Discuss Board Terms and Continuity Plan

Beth Bulgeron presented the board continuity recommendation based on the Bylaws and with a goal of staggering board member term ending dates.  Board Member Sarisahin recommended that Board Chair Allison reach out to members individually to assess interest in serving an additional term.  Beth also asked the board for their help in recruiting new members. 

H.

Approve the Board Meeting Calendar for 2023-2024

D. Horn made a motion to Approve the Board Meeting Calendar for 2023-2024.
N. Sarisahin seconded the motion.

Beth Bulgeron presented the Board Meeting Calendar dates for 23-24. 

The board VOTED to approve the motion.
Roll Call
T. Allison
Absent
C. Igeleke
Absent
Q. Branch
Aye
J. Carver
Aye
D. Horn
Aye
N. Sarisahin
Aye

I.

Enrollment Update

ED Andrea Moore provided an update on enrollment.  The board asked questions about the pros and cons of admitting students from the waiting list and potentially increasing class sizes before the start of school.  The board discussed examples from other states and the size of the classrooms.  

J.

Consider and Vote on the Academic Calendar for 2023-2024

N. Sarisahin made a motion to Approve the Academic Calendar.
D. Horn seconded the motion.

ED Andrea Moore shared the proposed Academic Calendar.  Board Member Carver asked one clarifying question.  

The board VOTED to approve the motion.
Roll Call
D. Horn
Aye
N. Sarisahin
Aye
C. Igeleke
Absent
T. Allison
Absent
Q. Branch
Aye
J. Carver
Aye

IV. Closing Items

A.

Upcoming Meeting Date

Beth Bulgeron explained that there was no need to proceed with the April 25 meeting.  The next Regular Board Meeting will be held on May 23, 2023.

B.

Public Comment

There was no public comment.

C.

Board Member Comments

Board members thanked and encouraged ED Moore for her hard work and how she was handling the tough financial position.  

D.

Adjourn Meeting

There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 6:11 PM.

Respectfully Submitted,
D. Horn