Matt presented the updated fiscal policy and explained it was an annual update and also LACOE required several changes. Matt submitted the draft to LACOE for preapproval but has not heard back.

Matt Brown presented the TEACH Prep CMO agreement and explained the CMO usually charges a 9.5% flat fee but LACOE has specific fee parameters that include a portion of LCFF, ADA and actual cost considerations. This agreement complies with those requirements and does not result in an actual change in cost to the school and includes the same services from the CMO. 

Matt Brown presented this item. He explained the schools currently have one savings account with separate accounting. LACOE requires the elementary to have an individual savings account. Board member Lobdell asked about minimum balance requirements and fees and Matt explained each school's savings was substantial enough that meeting the minimum would never be an issue.

Beth presented this item and explained what a SELPA was and that this document was a list of assurances from the board that TEACH will be compliant with the laws and regulations governing special education requirements and practices.

Beth presented this follow up item and explaind the document was an official notice of withdrawal of the Elementary school from the LAUSD SELPA since the school will no longer be authorized by LAUSD.

Sione Thompson presented this item and explained the revisions  included the required minutes for fifth graders.

Based on the explanation in the previous agenda item, Matt Brown presented the board with the updated Articles of Incorporation and explained that this was drafted after discussions with attorneys.

Dr. Pimienta presented the updated Employee Handbook and explained there were only minor edits and no substantive changes.

Dr. Pimienta presented the updated teacher salary schedule which includes a 5.5% increase. She explained that the increase allows TEACH to remain competitive and retain talent.  Matt Brown explained that the state increased the COLA and that this increase was included in budget projections and within budget. Board Member Lobdell asked about TEACH's competitiveness. Matt explained that TEACH, like most charters, were not as attractive as LAUSD, who is not bound by similar budget constraints and Dr. Pimienta added that TEACH was more attractive than other charters of the same size.

Dr. Pimienta presented the benefits package and explained that typically, open enrollment was in the fall, but this year, the new benefits plans will be going into effect at the beginning of the school year. She explained that the broker, Montage, will be at all campuses explaining any changes and consulting with individual staff.

Matt Brown presented this item and reminded the board that they had previously approved a bonus resolution that was conditioned upon meeting ADA and budget targets. The middle school did not meet either of those targets, but it is still in the board's discretion to approve a bonus to match the Elementary and High School. Matt explained that the bonus is within the overall budget and does pose a financial strain.

Beth presented the upcoming board meeting dates and explained it was similar to the current years' with no meeting during the Thanksgiving or Holiday season.

Shawnna Lawson presented the bids, evaluation process and recommendation of Skyline Security Services and explained the Principal input and previous working experience with this vendor.

Beth presented this item and explained what the Local Indicator report included and stressed the efforts to involve parents in the school community.

Matt Brown explained that CharterSAFE is a reputable insurance provider and provides charter-specific coverage.  TEACH has been with CharterSAFE for several years.

Enrique Robles presented this item and explained the process of selecting a food vendor. He emphasized that students and staff were included in the tasting and the selection. Board Member Marc Maye asked specifically about what the top choice offered to beat out the second choice and Enrique explained it came down to presentation.

Matt introduced this item and Board Members Lobdell and Maye enthusiastically supported the renewal of Sandoval.

No discussion. Upon returning from closed session, no action was taken.