Ms. Moree reviewed the June preliminary financial statements with the committee.  She noted that these were preliminary and BoostEd intends on finalizing with the conclusion of the audit.  Their approach is not to finalize until audit adjustments are made.  

The committee discussed with Dr. Large the current enrollment projections.  The committee had requested the lens more typically used by the committee to understand where enrollment is by grade against charter and a more granular look at the pipeline.  The committee discussed with Dr. Large the process by which he as leader and with the leadership team is facilitating recruitment through the summer months.    Ms. Moree noted that she and BoostEd would be meeting with the Bondholders and S&P as part of its regular cadence and the role these numbers play in those discussions.

Ms. Moree advised the Committee that the Audit preliminary work is underway.  She had provided the auditors with the initial materials requested relative to Board and Committee meetings and minutes; BoostEd provided some of the initial material on the "ask" list.  It is expected the auditors will be on-site in August.