Committee Update from Cecelia Russo chair. Referred to attachment from 4/7/22 Committee Meeting. Patience stated that there will be a Brain Camp, available to the students during the break. Taught by BSNBCS teachers who are compensated. 

An email was sent to all regarding Career Day on June 1 at the school. Interested persons should respond to Patience of availability.

Additions: Nick had sent Board members information regarding Freedom Riders  Project for Board members to join. Several expressed interest. Nick explained further and will send the information again to Board members. 

Information was emailed to Trustees about the National Charter Conference in DC to represent the school. Interested Trustees should respond to Nick.

Doris Givens referred all to minutes of the 5/7/22 call

Highlight is Recruiting new Board members.

Nick reviewing--NY State Council of Non-profit Council as source for additional candidates

Nick referred to the model used by Riseboro non-profit for Board development.

Mikhael references—pipeline to the full board, junior board, other working models

Nick will share the Riseboro document; Doris distributed form to Board members to update their information

1. Orientation—Board information framework—A sheet to gather pertinent information about the board. 

Upcoming Committee sessions and Full Board Meetings

5/10/22 Finance Committee

5/12/22,Academic/Family Engagement Committee Meeting  

Special Topic Board Meeting-5/17/22 

May Monthly Board Meeting -5/24/22 

The New York State budget was just recently passed; looks good for education. Nick and Lisa-Rene presented draft budget.

Focus of budget presentation and review was on revenues, which are now clear due to per pupil rate being set at $16,333. 

Current projection for FY23 revenues is at $19.39MM, which includes projections of $16.08MM in State Aid, $3.19MM in Federal Aid and $115K in funding from other sources.  

Nick presented that expenditures would have a major update for the May finance committee meeting, providing initial projections on expenditures at $19.07MM. Trustees asked for clarifications on expected percentage increases in Facilities and Curriculum that will be discussed further in Finance Committee.

Ladder CDs not providing better interest rates as what we are getting in our current Main Bank Account. Looking at different directions for investing school reserves as ongoing project of Finance Committee.

At the May 10th Finance Committee meeting the budget will be analyzed and then fully discussed to be presented to full Board at 5/24/meeting. May 10th, Fin Comm meeting.

4pm-5pm

As are all committee meetings, the Finance committee meetings welcome all trustees.

Guest – Cynthia Aker commented that she was impressed by the Board and the work of the school here in the community. She is interested in learning more  and contributing as a member of the community.

The board discussed personnel matters.