AB reviews that the agenda is as normal and the only difference in agenda will be CB presenting Nominating committee at the end due to work conflict.

KD reports on Rigor and discusses a student that became a salutatorian and has been at Nuasin since its prior years of Metropolitan. She has received a full scholarship to Boston University, a testament to the pillar of Rigor. 

JK reports on April financials. Net assets are 11.3 million, which contrasts most charter schools which saw enrollment decrease. Enrollment is steady, subsequently, funding is also. We expect to come in at 18 million in revenue. AB asks about other income. JK answers that it is due to Bloomberg summer boost funding. AB suggests that we will have a healthy balance sheet at the end of this year and JK agrees. 

MR discusses moving towards expansion. The different reasons we need in order to strengthen our academics, retain and attract staff, increase engagement from parents, and increase high school programming and college readiness. MR discusses two different expansion models, that would focus on expansion in different cohorts, Each of the cohorts will require us to run in a deficit. Rental assistance is only for 6-12, which would allow for that model to be more financially enticing. We are scaling out our hiring so that we are prepared. This is not a long-term plan. The visual data plans show that no change in K-4 would show greater revenue quicker since we would receive rental assistance for the older children. JS asks about the number of applications and MR discusses that we have a healthy amount in each of those grades.  AB asks about conversion rates and MR responds that we do not have one but do not experience under-enrollment. 

Different alternatives show that revenue will double in 6 years. AB asks about inflation for the per pupil rate in NY. JK responds that it is 3.3%, and MR reports that this year it was 4%. Both plans include ICT k-12 program. JK states the second model is economically more viable since it has a better worse case. DP asks about the difference between more at lower or more at high school. JK states that alternative two has less risk. DP notes that there is an advantage to building a relationship at an early age, and is more conducive towards growth although they do not pay as much. The two-year projection shows the projected deficit to be 5.9 million. This does not include fundraising. AB suggests putting all cash into investing in treasuries to make money off of it. MD asks MR what is his preference in each scenario. MR responds that he believes they are both sustainable, but feels that the model that supports growth in more grades is easier to execute but this negates the rental assistance. Both are sustainable. AB asks about the staffing items. MR discusses that we will add a developmental person, who will work in government and private spaces. We are allocating 120K for this salary. Structuring the salary of the person is dependent on the person in this space. MD discusses that the salary is low for someone in this space. SH discusses that 120 with commission can be attractive.  JB reports that she agrees with the hire. KB defers salary to school research but believes that we should get the right person. 

MR reviews the goals we have for the school. reviewing data and new comings to the school. Staff and scholar attendance are average. We are still in the process of our expansion, no updates. 

KD begins discussing academic goals. Reviews our i-Ready data, which shows we have made a 68% growth goal, and have increased 10% from 2021-2022. Reviews growth in Kindergarten, which is common since they are beginning school. 8th grade took assessment 1 week before regents. They do not perform their best, hypothesized it can be due to burnout, and looks to change the timeline of taking the test next year. Results for all grades are common. AB asks if the growth is linear for all grades. KD reports there are outliers in every grade and we examine the macrocosm for the, but for a majority, movement is linear and progressive. IA mock test and IA 4 tests the whole school year. progression shows growth overall, not where we want to be, but shows potential. ELA averages in IA testing for 3rd quarter were significantly lower. He suggests buffering the rigor, and as leaders, they will examine how to tailor solutions and plans for each scholar to achieve success. Moving children out of the red, are not proficient but are making progress and show growth. We continue to have similar numbers for regents data. 

AB starts by discussing goals and informs that some were met and some were not. IA's are a reflection of the regent's tests, and there is consistency in grades. There is an increase in the number of scholars scoring above 65. More Scholars are performing better. Out of the norms include Living environment which had a new teacher begin in the 2nd quarter who found it difficult to catch up with scholars. There is more improvement in Algebra and Living environment. More scholars did better in ELA, we are looking to have scholars take this test a year early and that is a reflection of the current pass rates. More scholars are taking more exams. 98% graduation rate this year. We will work with the one scholar that did not graduate so that they can graduate this summer. We have exceeded the district and NYC and NYS. We are pushing scholars to get college credits. 17 out of 22, will earn 6 to 9 credits. JS asks about whether scholars will attend college and AB responds that we have a team that helps them through the process. DP asks about algebra and MR goes through the sequence of math at Nuasin. 

MA discusses the healthy waitlist. There is a projected 94% return of staff for the next school year. AB asks about the shift, and MA responds that different variables impact staff retention. AB asks about last year, MA projected 97% for last year and the actual was 88%. MR notes that it's hard to solidify projection, but agrees it can be 88%-95%. We are confident in our projection. We expect to be fully staffed next year. GB reports on OML audit, 

EC reports there are no updates at this time.

AK reports there are no updates.

AB discusses his personal role and examines his habits. Taking a step back and constantly re-evaluating to continue to grow and acknowledge colleagues. Being proactive in your own growth. 

MA reports changes in covid measures, no requirement of mask-wearing. KD reports that the k-4 space is where we will track mastery and focus on narrative. AB reports that we will be changing the percentages for major buckets.  MA reports that we are adding policies in AI, K-12 plagiarism, community expectations, social media, scholar extended absence policy, leave policy, antiracism policy, and inclusion policy.

MA reports that the only change will be to close schools on same day as parent teacher conference. 

there are no public comments.

AB discusses the different slate proposals and different governance rules around each of the committees. 

AB discusses the different slates, he will move from A to B. AB reviews the committee slate. Trustees, officers committees, and committee chairs. The creation of the committee chairs will be done as a vote once the committee slate is done. No formal process for nominating those chairs. 

Use your best effort to stay on target with meeting schedules. norm on providing each other with grace, respect, and accountability in your role on the board.

JB wants to note that is dedicated to one committee and your contribution can be met in many ways. 

Voting structure, two step vote. proposal to vote on class A slate including movement of AB into class B. and vote of slate structure as proposed.