Aurum Preparatory Academy

Aurum Board of Directors Meeting

Date and Time

Saturday June 16, 2018 at 11:00 AM PDT

Location

436 14th Street, Suite 310, Oakland, CA

Agenda

Section Number Topic Number Details
I. Opening Items
 
Opening Items
  A. Record Attendance and Guests
  B. Call the Meeting to Order
  C. Aurum Mission and Vision
   
 
Mission: Through rigorous instruction and positive character education, Aurum Preparatory Academy Charter School (“Aurum Prep”) educates all of its students, grades 6 – 8, to succeed in high school, college, and life and to serve as the next generation of moral leaders.

Vision:  At Aurum Prep, our vision is to develop successful high school graduates who will graduate college and become well-rounded, engaged citizens that transform their communities. Aurum Prep ensures that students are on a path to college, beginning in sixth grade. We believe all children, regardless of race, background, or socioeconomic status, can achieve at high levels.  Through a structured, disciplined, and academically rigorous environment, our students will be prepared to live a life of excellence, independence, and purpose. We will prepare our students to succeed in college and beyond by urgently pursuing rigorous academic goals, exposing them to life’s opportunities, and laying the foundation for strong, ethical character.

 
  D. Approve Minutes
    Approve minutes for Aurum Board of Directors Meeting on May 24, 2018
II. Board Policy on Long-Term Absences
 
Governance
  A. Review Bylaws and Fiduciary Duties
  B. Formalize Short-Term Absence Policy
III. Finance
 
Finance
  A. Discuss Aurum Cashflow
   
Overview of Aurum's cashflow over the next 6 months. 
  B. Cash Flow Approach
   
Which approach to closing our cashflow concerns will we take:
  1. Short Term Loan
  2. Low-Interest Loan from Funders
  3. If Low-Interest Loan from Funders does not come by _Xx_ date, defer to Short-Term Loan. 
  C. Charter School Capital Loan
   

Review the terms and decide if we should proceed with Charter School Capital for a short-term private loan. 

IV. Academic
 
Academic
  A. Local Control Accountability Plan
   

Review and vote on the Aurum LCAP. 

V. Closing Items
  A. Next Month's Meeting
   

Next Month's Board Meeting: July 26th

  B. Adjourn Meeting