Cecelia shared the reportback from the Academic and Family Life Committee; including discussion of the high school expansion of BSNBCS.  The Board discussed school's performance on the 2022 New York State 3-8 Assessments in ELA and Mathematics.  

The school had a strong aggregate performance, compared to other schools in CSD16, New York City public schools and in New York State. Nicholas Tishuk presented on the data related to our student demographics, which included 96% students in poverty, 16% English Language Learners, 24% students with disabilities and 20% of homeless students. According to the ranked aggregate performance of academics in ELA and Mathematics, BSNBCS is has the 2nd highest in CSD16; despite having the 4th highest aggregate percentage of students in those four subgroups. Chair Victor Rivera commended the school management team on the academic performance of the school, despite the pandemic.

New Trustee Cynthia discussed the recently created Trustee handbook and its effectiveness in supporting her on-boarding to the Board. It was a helpful reference for her, in addition to the guidance of Doris who has guided her through joining the Board.

For recruiting, the Governance committee is pleased with the level of recruiting, bringing on three new Trustees in the last 12 months.

The financial committee reviewed the financials of the school, including a review of current enrollment counts for general education and special education students and current bank balances. 

Doris shared  that the audit of the school by PKF O'Connor Davies included no 'findings', a management letter 'no recommendations' and we had a 'clean' audit. The audit process included the Single Audit, due to the significant amount of federal funding.  

This high amount of federal funding, much of it coronavirus related, will be expended and/or received in the current FY23, meaning that future years should return to a more typical budget pattern.  The auditors confirmed that pattern is this is sector-wide and is a well understood feature of our and other charter school budgets in New York State.

The Finance Committee recommends that the full board accept the findings of the audit report, as presented.

There were no public comments.