The Chairman greeted all Directors and guests.

Mr. McCarthy presented the minutes from the August 13, 2024, board meeting.

Dr. Mary Anne DeVivio presented the Principal’s Report. Keynotes included:
• Opening Day was a huge success for the school.
• Parents are very grateful for the backpacks including school supplies.
• Meet the Teacher event is tomorrow afternoon.
• Current enrollment is 494 students with 120 on the waitlist.
• 55 students ride the bus. Bus routes are up and running.
• Day 1 attendance was at 85%. Attendance is up to 89% as of today.
• Preliminary results of NYS testing will be shared at the Academic Committee meeting
this month.
• The Discover program and new dual language program are up and running. There are
currently 18 students participating.
• Amplify Science has been reinstated as the science curriculum. Eureka is the program
for math. iReady diagnostics will be administered three times throughout the year.
• The ELL program enrollment is down due to 22 students having tested out.
• There has been a reduction in the number of IEPs serviced. Despite the decrease,
CMCCS averages higher than surrounding schools, but their numbers seem to be rising.
• The Sanctuary team has been selected. There are 10 mandatory modules online for
professional development for all staff.
• Staff certification goal is February 2025.
• School website hits were up significantly due to the new format and summer work.

Dr. Gershen Lowy, chair of the Finance Committee, presented the Finance Committee report.
Ms. Leslie Cruz, CSBM, provided updates on financials.

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Audit Updates: The audit package went out to auditors in August. Initial selections have
been made. The internal CSBM team is working on sending the backups over. By the
Finance Committee meeting this month, there will be additional updates. The process is
on track to meeting the November 1st deadline. There will be an additional review of
financial statements for the audit prior to the deadline as well.

July 2024 Monthly Financial Report:
o CBSM financial statement template will return.
o Enrollment is based on projections as per July/August per pupil invoice.
o The per pupil lease assistance will increase in the next few months based on the
FY25 lease. Currently waiting on third invoice for FY25 lease submission. The
signed copy will be submitted to DOE once reviewed and approval to follow.
o The Bloomberg Grant was awarded at $240,000 for FY25, and was fully spent in
July 2024.
o Classroom supplies and equipment line item was higher than budgeted in July.
This was expected for the start of the new school year with increased number of
classrooms.
o Insurance shows full expense in July because it does not carry over to the
following year.

July PA Account Bank Reconciliation: There has been no recent activity. The current
balance is $4,300.45.

CSP Unpaid Expenses Update: The school has joined a lawsuit with other charter schools
in regards to unpaid CSP funding. Progress has been made on the case and next steps
were discussed with lawyers last week. CSBM recommended writing it off for this fiscal
year. It was written off on the FY24 audit and the amount was budgeted for last year in
case it was not received. As a positive net asset, it does not affect the school at the end
of the year. Writing it off implies the school is not expecting it. If the monies do come in,
the CSP grant will become revenue again. CSBM recommended writing it off in FY24,
and if funds are eventually awarded, it is unrestricted revenue. The final application was
approved, but CSP ran out of funds that year

Counsel Kevin Quinn has reviewed the SY2425 handbook. Revisions are outlined. Dr. DeVivio
highlighted the major changes including FMLA, extended COVID policy, and pregnancy doctor
appointments.

Mr. McCarthy confirmed that the board used the CSI board evaluation metric tool to complete
its self-evaluation. Directors shared highlights of their board self-evaluations. Clarification was
made that according to CMCCS bylaws, the board does not add new members, so that metric is
not applicable.

Mr. McCarthy confirmed that the monthly tasks, as recommended by CSI, have been added to
BoardOnTrack.

The board of directors thanked Mr. Jaime Martinez for his contributions to the community and
congratulated him on his outstanding service.