While Langston Hughes Academy’s staff prepares for the coming school year, its board of directors prepare for dissolution. August 18, 2012 marks the final regular meeting of the school’s board as Langston Hughes Academy will now be exclusively governed by First Line Schools’ Board of Directors.
The FirstLine Schools’ Board of Directors took an in-depth look at the 2012-2013 budget at its monthly meeting on June 18. FirstLine controls Samuel J. Green Charter School, John Dibert Community School, Joseph C. Clark Preparatory High School, Arthur Ashe Charter School, and, beginning with the 2012-2013 school year, it will operate Langston Hughes Academy.
Reporting to the school’s board of directors at their monthly meeting, May 15, chief financial officer Catrina Reed said James M. Singleton Charter next year will be in compliance with state rules that limit administrative costs to 30 percent of the budget. The state Department of Education had notified the school last year that it was failing to meet the state requirement that 70 percent of the budget be spent on instruction, Reed said Singleton currently is spending 72.9 percent of its state funding on instruction.
Budget projections have held up and each of the five schools in the expanding FirstLine network are operating with a surplus of roughly $30,000, finance committee chairman Stephen Rosenthal told fellow board members at their monthly meeting, April 24. The strong balances have been realized despite unpredictable drops in attendance and related revenue, especially at Joseph S. Clark Prep. The back ink shows that the corporation as a whole can support itself within the current model, Rosenthal noted.
Five members of the Langston Hughes Academy board gathered on April 24 but in the absence of several members, including finance committee member Paul Pechon, did not formally convene a monthly meeting. The school’s chief financial officer, Adrian Morgan, delivered a brief management report highlighting positive early returns from the first phase of the centralized application process – OneApp – newly inaugurated by the Recovery School District.