With state testing testing complete, Collegiate Academies’ CEO Ben Marcovitz briefed board members on May 15 about how students did on a series of interim tests.

Marcovitz said the tests were made available through the New Schools for New Orleans charter school support organization. They were delivered to students at several local charter schools to sample students’ growth throughout the year.

The results showed 54 percent of eleventh-grade and 43 percent of ninth-grade Sci Academy students scored proficient of above average in biology. Forty-nine percent of the school’s juniors scored proficient or above average in English.

These results fell above the network average of charter schools tested by New Schools for New Orleans, he said.

Board treasurer Doug Finegan said the school still predicts a $133,000 surplus this school year, despite the lower-than-expected funds from the state. The school has also renewed its $250,000 line of credit with IberiaBank.

Finegan also announced the organization’s proposed $10.7 million budget for 2013-14. He said they plan to hold a public meeting to review the budget at next month’s regularly scheduled board meeting on June 19.

All board members were present except Dana Henry, Bill Langenstein, and Lisa Daggs. The only vote approved the previous meeting’s minutes. The meeting lasted an hour and a half, concluding around 7 p.m.