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RePublic Schools

June Board Meeting

RePublic June Board Meeting

Date and Time

Thursday June 30, 2022 at 1:00 PM CDT

Location

https://republiccharterschools-org.zoom.us/j/7997036299

Meeting ID: 799 703 6299
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Meeting ID: 799 703 6299
Find your local number: https://republiccharterschools-org.zoom.us/u/aPuMhkONU

 

Agenda

Section Number Topic Number Details Purpose Presenter Time
I. Opening Items 1:00 PM
 
Opening Items
 
  A. Record Attendance and Guests   Jon Rybka 2 m
  B. Call the Meeting to Order   Board Member 1 m
  C. Approve Minutes Approve Minutes Jon Rybka 3 m
II. CEO Updates 1:06 PM
  A. CEO Update FYI Jon Rybka 10 m
   
  • Regional Director in Mississippi - Angela Bass
  • Leader Summit 
  
III. Preliminary Academic Results 1:16 PM
 

CEO will present to the Board the latest data with NWEA MAP and TCAP. 

  
  A. SY21-22 Academic Results FYI Jon Rybka 20 m
IV. Governance Update 1:36 PM
  A. CEO to Report on Regulations, By-Laws, and Recommendations for Board Structure for SY22-23 FYI Jon Rybka 10 m
V. SY22-23 Budget 1:46 PM
  A. Financial Update Discuss Glenn Turtel 30 m
VI. Board Approvals 2:16 PM
  A. Vote: Approval SY22-23 Budget Vote Glenn Turtel 5 m
   

Approval is requested for the FY23 budget for all schools & both companies based on the budget provided in this presentation

  
  B. Approve: Adopt Conflict of Interest Policy Vote Glenn Turtel 5 m
   

Adopt Conflict of Interest Federal Funds Policy per Finance Committee recommendation (language in Finance Presentation). 

  
  C. Approval: Adopt Equipment and Inventory Policy Vote Glenn Turtel 5 m
   

Approval Equipment and Inventory Policy per Finance Committee recommendation (language in Finance Presentation).

  
  D. Vote: Revise Approval Thresholds Vote Glenn Turtel 5 m
   

Invoice/Payment Approvals required:

• Senior Director of Operations (or highest operations person per region: All invoices

• CEO or CFO/COO: Any invoice over $25,000

• Board signer: Any invoice over $75,000

• Excludes payroll, benefits, regular debt service, and credit card invoices/payments and internal transfers

  
  E. Vote: Authorization of 4th Sector Solutions to Access Accounts Vote Glenn Turtel 5 m
   

Approval requested to give 4th Sector Solutions (and their chosen representative) access to all bank accounts of RePublic Schools Nashville, RePublic Schools, Inc. and RePublic High School, LLC. Depending on bank restrictions, the ideal access will give 4th Sector Solutions full access other than the ability to execute payments or other outgoing transactions. If that is not allowable by the respective bank, then 4th Sector Solutions (and their chosen representative) shall have full signer access.

  
VII. Closing Items 2:41 PM
  A. Adjourn Meeting Vote Stewart Hood 1 m