Cypress Charter School Association

Board Meeting Minutes
April 17, 2018

A regular board meeting of the Board of Directors (the ?Board?) of the Cypress
Charter School Association (?Cypress?), operating Cypre?ss Academy (the
?school?), was held on April 17, 2018 at 6:00 pm. at Cypress Academy, 4217
Orleans Avenue, New Orleans, LA, 701 19. Lance Query called the meeting to order
at 6:00 pm.

Attendance:

Board Members:

Lance Query, President; Joanne Rinardo, Vice President; Teri Hunter, Immediate
Past President; Parker,Treasurer; Erika W. May, Secretary; Steven Bain, Paul
Barron, Shannon Couhig, Quincy Crawford, and Lou Good.

Absent:

Keisha Means and Gary Semovitz

Administration:

Bob Berk (Head of School), Hazel Parker (Director of Curriculum, Instruction and
Staff Development)

1. APPROVAL OF MINUTES Erika W. May
1.1 Action: Joanne Rinardo moved and Quincy Crawford seconded
the motion to approve the Minutes from the March 20, 2018
meeting. The motion carried unanimously by all Board Members
present.

2. REPORT Lance Query
2.1 Lance Query reported that he and Bob met with a small group of
schools on April 2, 2018.
2.2 He had meetings at the school district and will meet with
Henderson Lewis tomorrow.

 

 

2.3 April 24, 2018 is GiveNOLAday. The donations will be
processed on May 13?; what we raise will be matched by a

formula through GNO Foundation.
2.4 The Board will meet on May 8th instead of May 15th.

3. REPORTS
3.1 Curriculum, Instruction and Staff Development Update (Hazel
Parker)

3.1.1 Hazel Parker reported that next week is LEAP testing for
3rd graders.

3.1.1.1 Two parents opted their kids out of testing-

3.1.1.2 Eight students will get accommodations for
extra time (40% of testers have disabilities).

3.2 Lead and Co-Teacher left in the same class, however, we
have hired a teacher for the class.

4. INTERNAL AFFAIRS COMMITTEE REPORT: FINANCES Bob Berk
Parker
4.1 Balance Sheet
4.1.1 Accounts Receivable: mostly all money that will come in
some is from federal grants and some from foundation
pledges.
4.1.2 Accounts Payable: just a function of timing we are not
behind on paying bills.
4.2 Budget Actuals
4.2.1 MFP: We are still waiting on the ?true?up? from the state.
We expect that our MF will be reduced from our annual
estimate of $1,688,467 by around $50,000.
4.2.2 Donations: Nothing big is on the horizon just

4.3 Cash Forecast
4.3.1 Reductions from current estimate: MF change.
4.3.2 Increases: Perhaps $25 50k for CENF
4.3.3 Hoping to reduce June Operations

 

4.3.4 Our end-of-year cash will not be enough to fund our
budget de?cit for the next year.

4.3.4.1 Members of the Board, with Bob, have been
working with OPSB and our other partners to ?nd a
way to solve the budget shortfall for 2018 2019.
While we are optimistic about some development
possibilities, we are concerned about the budget
shortfall and anticipate that the Board will need to
make some dif?cult decisions at the May 2018
Board Meeting. I

5. EXTERNAL AFFAIRS COMMITTEE Paul Barron
5.1 No updates

6. ENROLLMENT Bob Berk

6.1 OPSB
6.1.1 Discussion around how they can continue to support us.
6.1.2 OPSB will model different enrollment scenarios for us

tomorrow; they will send in a Data Guru.

6.2 
6.2.1 Last report we matched w/ 257 students.
6.2.2 Meeting with Superintendent Adam Hawf tomorrow.

7. HEAD OF REPORT Bob Berk
7.1 Discussion ensued around Charter School models and selective

admission.
7.2 Annual Review May 16 17, 2018.

8. ADJOURNMENT

8.1 Action: Motion carried to adjourn meeting, moved by Joanne
Rinardo and seconded by Paul Barron. The motion carried

unanimously by all Board Members present.
8.1.1 Next Meeting May 8, 2018 at 6:00pm.

 

 

There being no further business to be transacted the meeting was adjourned at
approximately 7:24 p.m.

Respectfully Submitted,

 (QilCu/re

 

Erika W. May, Secreer