1. The Board was presented with the financial statement as of September 30, 2024, including the balance sheet, income statement, cash projections, and revenues & expenses with an explanation and discussion. The budget was based upon an ADA of 172 and the school currently is at 149 ADA.
2. Mr. Davis asked what the basis for the November FSP payment was. Mr. Reyes answered that Reyes answered that Payment is based on Edgewood’s projection of 170 ADA and that the Revenues are recognized based on ADA served, with additional funding going into deferred revenues. 
3. Mr. Reyes also introduced a new interactive financial dashboard to the board members and will be emailed out when it is ready.

1. Ms. Willmann shared on her PPT and provided an update on student attendance and retention with current average attendance: 149 students (64% attendance rate).
2. Ms. Willmann also shared on the first campus municipal court meeting held on October 8, 2024, with 47 out of 100 families attending, and home visits, for students who did not attend the meeting, on October 9th and 10th.
3. Ms. Willmann also covered the current status of school performance ratings including discrepancies in Domain 3 data and the school’s comprehensive support and improvement status.
4. Ms. Willmann shared on dates for winter graduation, December 6th at 3:00p with a reservation at Domingo restaurant afterward and the spring graduation scheduled for May 28, 2025 at 3:00pm; restaurant TBD.

1. Mr. Petropulos shared how to incentivize teachers and staff to improve attendance, credit accrual, and retention. Incentives are expected to motivate teachers to improve student attendance and performance andthe budget needs to be adjusted to accommodate the incentive payouts. 
2. Mr. Davis asked how this would improve student attendance and mentioned a top-down approach by incentivizing management, specifically Principal Willmann and the retention officer. Mr. Petropulos agreed with both the incentives for teachers, principal, and retention officer. He will have an updated incentives chart for the November meeting.
3. Mr. VanKirk shared on the plans for expansion and growth, and he also touched on the Texas Charter Conference.
4. Mr. Holmes shared on Board member bios need updating and to get them turned in at their earliest convenience.

Legal counsel shared that there was no legal update at this time. Ms. Peirce introduced Ms. Elizabeth Angelona from Schulman, Lopez, Hoffer, and Adelstein. Ms. Angelona updated the board on the A-F litigation which won’t have a court decision until February 2025.

1. Mr. Davis asked what the marketing strategies are to increase school awareness and enrollment. Mr. Petropulos mentioned he will contact marketing to see what the next stage is in advertising for L4L Edgewood.
2. Mr. Humphrey mentioned safety during the Halloween season and that he attended a Medal of Honor recipient event. He also shared on two possible board member candidates, Tony Cantu and Alex Melo. 

Next Scheduled Board Meeting November 20, 2024, at 4:15pm.