ReNEW could opt to take over McDonogh City Park Academy's charter or start fresh by securing "turnaround" status for the school.
The mayor cited raw figures on one hand and the homicide rate on the other.
Crescent City Schools impressed some board members but failed to secure majority support.
The money will mostly be used to augment reserve funds at New Beginnings' four schools.
New Foundations board replenishes the account; student activities will not be impaired.
Cook-off Finale scheduled for next Monday evening. The event, which has been likened to TV's "Top Chef," is sponsored by Wilson's parents association.
After reviewing annual budget, board approves purchase of a used bus.
Reporters will talk to Lens members about how they do their work.
The decision was received since the last board meeting. The school has room for a few more students in the coming year.