The Miller-McCoy board of directors met Monday night at Xavier University to review year-end financials and discuss the approaching first day of school. Miller-McCoy finished the fiscal year with a $183,000 surplus, $140,000 more than the finance committee had expected. Treasurer David Baileysaid much of the surplus came from larger than expected grants from the […]
Author Archives: Kelsey Foster
Posted inCharter Schools, Schools
Association schools face slide in revenues as budgets are released for public review
Revenues decrease in the coming year for the Algiers Charter School Association, due mainly to expiration of a Teacher Incentive Grant and reduction in the size of Title 1 money. That’s the salient news from the budget for the upcoming school year released Thursday night. A public hearing will be held in early August to […]
Posted inCharter Schools, Schools
Budget year ends with healthy surplus; new staffer will target staying in college
The Collegiate Academies school board met July 18 to review the year-end financial picture, discuss parent handbook revisions, and thank retiring board members. The 2011-2012 school year left Collegiate Academies with a surplus of $243,000, at least $87,000 of it the result of successful fundraising over and above set goals. This year, the finance committee […]
Posted inCharter Schools, Schools
Concerned about personnel issues, protesters mass at closed board meeting
Disgruntled parents and teachers are among those who gathered outside a closed meeting of the Algiers Charter School Association. photo: Kelsey Foster As the Algiers Charter School Association board met behind closed doors Thursday night, a crowd of parents, teachers, and students gathered to protest controversial staffing changes. Some in the crowd at the school […]
Posted inCharter Schools, Schools
Einstein Charter approves 2012-2013 budget
The Einstein Charter School Board of Trustees approved the school’s budget for the upcoming school year at its monthly board meeting Tuesday night, July 11. The approved budget contained minor adjustments to expenses, mainly related to insurance costs. Property insurance costs jumped from $17,000 to $49,000 this year. The 188 percent increase in costs come from […]
Posted inCharter Schools, Schools
ACSA puts controversial personnel moves on hold after crowd chants: “Raza must go”
More than 300 members of the Algiers community gathered at the McDonogh 32 Literacy Charter School to speak out against recent firings and the transfer of successful principals to failing schools within the charter organization. A call and response chant of “Raza must go” and “erase the board” came following the end of an unofficial […]
Posted inCharter Schools, Schools
International School of Louisiana predicts razor-thin budget margin reliant on exact enrollment numbers and greater fundraising
The International School of Louisiana’s board of trustees met Wednesday night, June 27, to approve the budget for the 2012-2013 school year and to discuss enrollment. The ISL budget has an expected surplus of only $654, while showing a three hundred percent increase in expected fundraising and a dependence on per-pupil revenue from the state, […]
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KIPP’s 2012-2013 budget leaves little room for error
KIPP’s board of directors met Thursday, June 21, to approve the budget for the 2012-2013 school year. With only a 1-percent budget surplus expected, increased revenues from fundraising, including $400,000 from new donors and $2.1 million in philanthropic gifts, will be crucial. “I’m vehemently opposed to balancing a budget on the backs of fundraisers; it’s […]
Posted inCharter Schools, Schools
Board taking steps to open two new schools on Carver campus
The board of Collegiate Academies met Wednesday night to discuss plans for the new George Washington Carver campus and to announce the approval of a building plan for Sci Academy’s permanent facility on its current location. Only one night before the board meeting, the Louisiana Board of Elementary and Secondary Education (BESE) approved the Recovery […]
Posted inCharter Schools, Schools
E.P. Harney-Spirit of Excellence addresses audit report, performance scores at June board meeting
The board of E.P. Harney Spirit of Excellence Elementary met Monday night, June 18, to discuss the findings of their independent audit report, preformed by the firm of Roslyn J. Allen in Baton Rouge. Melvin Davis, a certified public accountant with the firm, noted four issues with the school’s financial reporting procedures including a lack […]