No academic staff presentations for this meeting. 

Discuss options for academic staff to present on an every other month cadence. 

One on one preferred instead of group presentation. 

Only 4 responses from scholars.  Several have returned to from previous years to receive funds.   Courtney and Maria plan to work on a Google document to establish procedures for  information needed from scholarship applicants and scholarship distribution. 

Recommendation presented: Set aside scholarship funds for a dinner or event spent with the awardee.  Public recognition to be considered as an encouragement to keep scholar awardees engaged. 

Discussion related to funds allocated to full ride scholars versus funds for scholars based on need. Should a scholar receive funds, if their tuition has been fully funded, when there are other scholars who are in need of funds to support open balances? 

If funds are sent to the school, the scholar can receive refunds from the school, if that be the case of a credit balance. 

Timing of scholarship to be reviewed:  Are we awarding at the correct time? 

Scholarship Award Requirements: 

Scholarship based on grades and needs 

Scholarship awarded based on performance and presentation 

Discussion related to scholarship funds distribution: 

All scholarship funds are to go to the school.  Remaining funds are to go towards the following year and to the school. 

Finance Committee call was held as scheduled with minutes available for review. 

Meeting Highlights: 

1. Expecting surplus for FY25 and all funds are currently in good standing 
2. Enrollment was discussed - Max is 745 , currently trending lower at 695
3. Budget is being adjusted to 685 to trend lower to the current enrollment number 
4. School is diligently working to establish local connections and has been practicing "on the ground" recruitment. 
5. No need for a budget amendment at this time. 
6. Surplus suggestion to be used as an incentive for staff members.  
7. Coffee barrister discussed versus the new services currently in place for the staff. 
8. No items over 50K presented for discussion or approval.

Charter School comparison- Data received and results were shared with the Board. 

Principal Brown provided details related to the most current  student performance data for Grades 3-8 and Grades 9-12 . 

Pharos had more students sit for the Physics Regents than the entire District 12.

Board suggestion to use this data as an incentive for marketing the school and the services that the school can provide for the prospective scholar. 

Academic and Culture committee to be considered to be combined. 

Several resignations have occurred : Briar & Sarah 

Board to discuss and revisit the reassignments in December 2024 

Finance Committee - Add one 

Education Committee - Chair has left (Briar) 

Facilites is operating fine and nothing to report. 

Legal matter and expulsion discussed.