Libertas Academy Charter School

Minutes

FY25 BOT Monthly Meeting

Date and Time

Tuesday October 22, 2024 at 5:30 PM

Trustees Present

A. Seymour (remote), C. Resto (remote), J. Gunther (remote), K. Diamond Kayiatos, K. Stewart (remote), N. Coakley, P. Kkayego (remote), S. Lapolice (remote)

Trustees Absent

N. Barker, S. Williams

Ex Officio Members Present

M. Montero

Non Voting Members Present

M. Montero

I. Opening Items

A.

Board Chair Welcome

B.

Record Attendance and Guests

C.

Call the Meeting to Order

K. Diamond Kayiatos called a meeting of the board of trustees of Libertas Academy Charter School to order on Tuesday Oct 22, 2024 at 5:38 PM.

D.

Approve Minutes from Oct 1 Meeting

N. Coakley made a motion to approve the minutes from FY25 BOT Monthly Meeting on 10-01-24.
S. Lapolice seconded the motion.
The board VOTED unanimously to approve the motion.

E.

Public Comment

none in attendance

II. Management Report

A.

Management Report

This week is first assessment sessions.  Once complete, will dive into the data and have more to report in the next meeting.

 

Modesto spent the day as a freshman last week.  Highlight was shadowing a impressive Freshman and witness the amazing work and experiences occurring at Libertas.  Found some opportunities to improve but it was exciting to see how far we've come.  Exciting to see the strong rigorous program that has been our goal.  Planning to do this again as a 6th grader soon. 

 

Exciting news on our first Questbridge Scholar finalist!  It is a very rigorous application and she has done such a great job.  If selected will receive a full scholarship.  Unaware of a founding graduating class member winning this award.

 

MCAS celebrations for growth and accomplishments.  Over 100 families attended and celebrated.  Best MCAS results yet and hoping this will continue to improve each year.  Recognizing teachers for their work on this next week.  Using all this success to launch this year's efforts to continue raising the bar. 

     Nicole commented that it was great event but suggested a photo for all students not just the highest group.  Modesto appreciated the feedback and will forward onto the team. 

 

Liberty St Updates

Having weekly meetings with VAAS now.

All the paperwork, etc has been done.  Just waiting for the date of the transformer can be delivered.  Nervous that this may be delayed slightly but still need every minute to move.  

All the rest is on track.
Working to reconcile the budget with all the changes (up and down).  Will present that with Finance Committee at next meeting.

 

Key School Data

Attendance in the 90's percent but want it even better.  Most missed days occurred at the beginning of the year and in much better place now. 

GPA is a little off track right now but supports in place to improve.  This week/next week is when kids can catch up so will see this improve.

 

Dates
Trunk-or-Treat Oct 28th

Canned Food Drive - Nov 8-26th  Maybe bring something to the next board meeting.  

III. Committee Reports

A.

Academic Achievement Committee

Did not meet last month

B.

Finance Committee

Sean Alexander and Kris Lane presented financial audit 2023-24 year.
 - met with finance committee last week
 - meet GAAP guidelines but also reviewed for extra levels due to State & federal funding
 - no concerns or non-compliances found

 - no deficiencies on internal controls

 - very good audit

 - Reviewed financial ratios and compared to DESE benchmarks and FY 2023
       - school is in strong financial position - improved position due to expansion of the school 

 - FY 2025 suggestions 

       - Don't need to do extra reporting/checks since federal support threshold was increased

       - Happy to assist with new needs with the new building coming online
 - Audit went very smoothly and Libertas team was well prepared 

 

 

K. Stewart made a motion to Accept the Annual Audit as reported.
P. Kkayego seconded the motion.
The board VOTED unanimously to approve the motion.

Patrick agreed with the Audit results and school is in good financial perspective. 

N. Coakley made a motion to Approved September Financials.
A. Seymour seconded the motion.
The board VOTED unanimously to approve the motion.

C.

Development Committee

Focused on Donor Wall for new building.

 

Also discussed introducing the school and new building to the community.  Planning 3 introduction events: 1. Donor tour, 2. General Springfield community, 3.State Charter school leaders /DESE/Politicians

 

Will also have a general fundraising event in March.

D.

Governance Committee

Did not meet this month

E.

ED Evaluation Committee

Did not meet this month

IV. Other Business

A.

Executive Session

K. Diamond Kayiatos made a motion to move into executive session.
S. Lapolice seconded the motion.

as of 6:14 pm

The board VOTED unanimously to approve the motion.
K. Diamond Kayiatos made a motion to move out of executive session.
K. Stewart seconded the motion.

Out of executive session 6:47 pm

The board VOTED unanimously to approve the motion.

Special thank you to Tiffani for her service on the board.  We will miss her amazing insight, knowledge and pushes and wish her luck in her next experiences.  

V. Closing Items

A.

Next meeting

November 26, 2024, 5:30 pm

B.

Adjourn Meeting

There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 6:50 PM.

Respectfully Submitted,
K. Diamond Kayiatos