Jubilation over athletic director Jeremiah Scott’s coach-of-the-year award was dampened quickly by a review of Miller-McCoy’s finances at Monday night’s board meeting. “We’re getting into some tricky times,” board member David Bailey said, before announcing a net negative income of approximately $293,000 during the July-to-November period.
It will cost $30 million to bring students to and from public schools this year, compared to $18 million the year before Katrina. The increase appears to be a consequence of citywide enrollment and the shift from a centrally-run school system. A few schools are working together to negotiate busing contracts.
In three recent testing years, 33 public schools have been flagged for problems and possible cheating on standardized tests — 12 more than once. A testing expert says these irregularities indicate cheating by teachers and administrators, who have a lot riding on their students’ performance.
Board members for the Miller-McCoy Academy for Mathematics and Business on Monday received an update on the school’s move toward adopting a new retirement investment plan for its employees. Board finance committee members said they want to find the best option for the school’s longest-serving employees and has looked at what other local charter schools include in their plans.
Board members for New Orleans’ only all-male charter school this week voted to appoint an interim chief executive officer in a meeting that was initially publicized to be held three days later. Andrea Thomas-Reynolds, who has consulted with Miller-McCoy Academy for Mathematics and Business since September, will run the eastern New Orleans campus through the end of the school year.
At its monthly meeting Monday night, the Miller-McCoy board faced staff and administrators frustrated by a recent restructuring of school leadership and academics. With a $500,000 budget gap caused by lower-than-anticipated enrollment, consultant Andrea Thomas-Reynolds has been working with interim principal Brian Joseph and newly appointed achievement director Janice Bailey-Walker to cut unnecessary staff and consolidate class schedules.
In lieu of a quorum at the Oct. 11 Miller-McCoy board of directors meeting Andrea Thomas-Reynolds, former Algiers Charter Schools Association CEO, updated the board on the school’s charter renewal and extension process.
The Miller-McCoy finance committee hosted a public hearing to review their proposed budget for the upcoming school year. The proposed budget shows a net income of $679, just breaking the school out of the red, but leaving little room for error.
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.
The board of Miller-McCoy Academy met on April 23 to discuss next month’s charter renewal process. The board expects their financial statements, facilities and state test scores to be evaluated before an extension of the charter is approved.
Financial implications of an increase in students with special needs topped the agenda at the monthly meeting of the Miller-McCoy Academy board, April 26. Currently, 13 percent of Miller-McCoy’s enrollment – a total of 67 students – are identified as having special needs, an increase of 22 students that could strain the school’s finances.
A recent Recovery School District review of facilities and the acceptance of graduating seniors by four-year colleges were key topics under discussion at the monthly meeting of the Miller-McCoy Academy board, Jan. 23.