Jon Rybka, CEO, shared updates on projected staffing for SY22-23 and preliminary academic results from SY 21-22. CEO also provided an update on the hiring of Dr. Angela Bass as the Executive Director of Mississippi region. 

Jon Rybka shared that preliminary academic results indicate that all school grew from the previous year in nearly all subjects. In the presentation (attached in board materials), some grade levels performed at pre-pandemic levels. State testing results in both TN and MS should be available in early fall at the next Board meeting. 

Given the directive from the Board to hire regional executive directors and establish advisory boards in each region, the RePublic team has undergone an evaluation of how to execute. The Board agreed that we will have executive directors in each region - although Nashville may have an interim for SY22-23. Additionally, RePublic will have a process to establish regional advisory boards by the end of September will the goal of recruiting advisory board members fully by the end of December. If the Board decides to eventually convert the advisory boards into governing boards, RePublic's by-laws would need revision pending approval by both regulators in Mississippi and Tennessee. 

Full financial update included in the board materials. Mr. Glenn Turtel led discussion on the financial health of the organization and presented SY22-23 budget for consideration.