The Board annually approves the Scholar and Family Handbook. This year, the Arizona State Board for Charter Schools reviewed and required several changes. These were all made and approved by the ASBCS. The only other changes were the school calendar, which still has the same 186 days as previous years and as required by the charter. 

The Board annually approves the Scholar and Family Handbook. This year, the Arizona State Board for Charter Schools reviewed and required several changes. These were all made and approved by the ASBCS. The only other changes were the school calendar, which still has the same 186 days as previous years and as required by the charter. 

The Board annually approves the Employee Handbook, which is attached along with the Summary of Changes. 

The Executive Director's contract was through June 30th, 2022. The contract is very similar to previous contracts and will continue through June 30th, 2025. 

The general contractor has provided a GMP that is 20% (800K) higher than the amount estimated by the architect in February prior to construction drawings. This was received Monday and was originally on the Board calendar to approve in August. Due to inflation, the market for construction, and supply line challenges, the GMP may increase if not signed by Friday, as some subcontractors are only guaranteeing pricing for 5-day windows.

The Senior Management Team has determined the capital expense can be achieved while still maintaining 60 days of cash on hand, due largely to the $900K influx of revenue from Summer Camp, $430K from the A For Arizona grant to build out the curriculum and platform for future campuses, and increase in per pupil funding in the state budget, all of which were also absent from the budget and cash projections previously discussed and reflected in the budget approved in May, July 1st, and in this meeting. 

The Senior Management Team is seeking approval to enter into the contract for the $3.9M stated, resulting in an overall project cost (including architect fees, FFE, etc.) of $4.4M, which is 800K greater than the amount previously approved. 

The Senior Management Team also acknowledges this is a significant increase and respects the likely decision to table this until more time is available to discuss it. This is the reason for the addition of a meeting later in July.