• Alexej Abyzov: Present
• Mark Eilers: Present
• Natalya Johnson: Present
• Elizaveta Lindman: Present
• Marisol Serdiouk: Present
• Nicole Nelson: Present
• Yelena Hardcopf, Executive Director, ex officio board member.
• Visitors: Dr. Lora Lepisto Brown, Svetlana Kazanecki, Paul Kinsley, Cindy Lavorato, Lisa Hasledalen, Laurie Shroeder, Eugene Serdiouk, Louis Martin, Yuliya Carroll, Marina Serdiouk

Since the vote was split, counsel clarified that the first motion was only regarding moving the agenda item. Additional motions would be considered after the approval of the initial motion.

Motion to approve
Motion by: Nicole Nelson
Seconded by: Natalya Johnson
6-0-0

Motion to approve the rest of the agenda.

Motion by: Natalya Johnson
Seconded by:

The motion was interrupted. Alexej Abyzov proposed additional amendments to the agenda. Mark Eilers addressed the board and visitors about misconceptions about the future of the Russian program.

Counsel guided us to focus on approving the amended agenda and continue with the vote.

New motion to approve the amended agenda.

Motion by: Nicole Nelson
Seconded by: Natalya Johnson
4-1-1

1. Approve Budget FY23Motion by: Alexej Abyzov
   Seconded by: Liza Lindman
   6-0-0

1. Director report
   1. Annual election results
      32% of stakeholders participated in annual election
      Lydia Tonoyan, parent (2 year term) elected by 74% of votes
      Peter Keller, parent (3 year term) elected by 88% of votes
      • Lydia Tonoyan and Peter Keller have been voted in as parent board members. They will be seated during the July board meeting.
   2. Academic achievement (NWEA)
      • Students in grades K – 8 are given the NWEA assessment three times a year with the exception of Kindergarten which does not take it in the fall.
      • Kindergarten had strong results in math and reading on the Spring NWEA test.
      • First graders have low scores in Reading and Math, however, they have made a lot of progress from last year.
      • Second grade had strong results in math and reading.
      • Several new third grade students who are English Language Learners joined our school towards the end of the school year. This affected the overall math and reading scores for the grade. As a result, there was no overall improvement in math or reading.
      • Fourth graders showed strong growth in math and reading.
      • Fifth graders had a steady growth in math and a decline in reading.
      • Three new sixth graders joined our school over the course of the year who are English Language Learners. This affected the overall scores for the grade. There was a sharp decline in math, however, there was improvement in reading.
      • Seventh graders showed growth in math and a slight decline in reading.
      • Eighth graders had a lot of growth in math and no change in reading.
      • All of the students in grades 3 – 8 took the MCA tests this year. This includes the new English Language Learner students. Due to this, scores may have been affected. Results will be shared at a later meeting.
2. Financial Report
   1. Monthly Finance Report: May 2022
      • General Fund 01
        • As of May 31, 2022 the school has received in Fund 01 a total of $1,495,200 of current Fiscal Year State, Federal, and Local revenues which is 81% of its current budgeted amount.
        • As of May 31, 2022 the school has expended in Fund 01 $1,373,926 which is 84% of its current budgeted expense.
        • Nasha Shkola Charter School ended May 2022 with a current fiscal year to date Fund 01 positive balance (revenues received less expenditures incurred) of $121,274.
      • Food Service Fund 02
        • As of May 31, 2022 the school has received in Fund 02 a total of $57,141 of current Fiscal Year State, Federal, and Local revenues which is 90% of its current budgeted amount.
        • As of May 31, 2022 the school has expended in Fund 02 $61,642 which is 97% of its current budgeted expense.
        • Nasha Shkola Charter School ended May 2022 with a current fiscal year to date Fund 02 deficit balance (revenues received less expenditures incurred) of ($4,502).
      • Nasha Shkola Charter School had a total cash balance of $383,779 at the end of May 2022 reflected across all funds.
      • Nasha Shkola Charter School had a balance of $2,188 in accounts receivable at May 31, 2022.
      • There was a balance of $44,828 in current liabilities for general accounts payable and payroll liabilities at May 31, 2022. A portion of the liability is for payroll withholdings on the last day of the month which are not paid until the first days of the next month, thus they are reflected on the current balance sheet.
      • Nasha Shkola Charter School had an overall audited fund balance of $278,559 at June 30, 2021 which includes its investments in fixed assets.
      • The Revised Budget Approved is based on 130 ADM and 135 pupil units. State aid is being paid on 130 ADM or 135 Pupil Unit. The May MARSS report shows 134.43 ADM and 138.1 pupil units.