Parent Association Meeting November 8, 2011

Enrollment and Facilities: Long-Term Plan Enrollment: K enrollment: 120K students/yr K-8 total enrollment: 880 Facilities: Cherry Street: K-2 Expanded Oak Street: Grades 3-8

Cherry Street Campus Lease w/option to purchase $1M purchase price Academic performance clause Intend to exercise option in Jan. Renovations underway Open for all K-2 in Fall students

Oak Street Campus Grades students at capacity Expansion by Fall ,700 sq ft 6 classrooms Multipurpose room Conference / workrooms $4.4M

Financing Plan Oak Street: 30 year tax-exempt bonds $6.5M 6.5%, first 2 years interest only Includes refinance of existing $2M debt Assumes $1M contribution from A.L. Cherry Street: IFF loan $1.5M (IFF lending limit) 15 years, 5.5% $75,000 down payment Must fundraise for renovations beyond $400k Capital campaign: $3.5M goal

Debt service Students Revenue $7,246,940$7,935,649$8,492,069$9,369,400$9,762,583$10,142,904 Oak St. P&I $167,403 $97,777 $224,763 $480,160 $517,337 Cherry St. P&I $53,847 $166,613 $168,468 $170,416 $172,461 $151,511 Total Debt Service $221,250 $264,390 $393,231 $650,576$689,798 $668,848 Debt as % of revenue 3.1% 3.3% 4.6% 6.9% 7.1% 6.6% Note: Debt service of 20% or less is recommended for charter schools

Cherry Street Renovations Exterior: Site drainage Rehab/waterproof window wells Tuck pointing and brickwork Sidewalks and asphalt Signage Playground Green space? Other play area features? Interior Service HVAC system Plumbing fixtures New tile and carpet Lighting upgrade Paint Clean New white boards Technology Murals/art Kitchen equip? Central air???

Capital Campaign Without a successful campaign, we can’t: Install central air at Cherry St. Build a first class play area at Cherry St. Finance the Oak St. expansion project Improve programming Books and materials Stipends for extracurriculars and academic support Technology Curriculum improvement Grow our endowment (“rainy day” fund) We need 100% participation!

Volunteers Finance: Kirk Farmer Oak Street expansion: Project Manager: Joe Langle Team Members: Jon Hoffman, Craig Scranton, Rodney Riffle, Hans Thomas Cherry Street renovation: Project Manager: Matthew Coates Board Liason: Rhody Harris Playground Team Design Team Exterior architecture team Security Work-day parents

Issues w/ Two Campus System Ensuring coordinated K-8 academic program Keeping strong community feel Bus routes/expenses Parent logistics Start/end times After care Extracurricular activities

Capital Campaign Volunteer Opportunities Organizational Meeting: Thursday, December 1st, 6 pm Five Teams:  Research  Events  Communications  Ambassador  Donor Recognition

Leadership Structure Option on table: Three Person Leadership Team Divide academic and operational duties: Academic Director for K-8 Program Responsible for direction of overall academic program Serves as Principal for Grades 3-8 Principal for K-2 at Cherry Street Director of Operations for K-8 program Facilities, transportation, student recruiting, budget, fundraising, state reporting, extracurriculars, after-care, food service, etc.

Academic Performance

Source: MO Dept of Elementary & Secondary Education 2011 Comm. Arts: A.L. v Others

Source: MO Dept of Elementary & Secondary Education 2011 Math: A.L. v. Others

Source: MO Dept of Elementary & Secondary Education Science: A.L. vs Others

Source: MO Dept of Elementary & Secondary Education 8 th Grade Comm Arts

Source: MO Dept of Elementary & Secondary Education 8 th Grade Math

Source: MO Dept of Elementary & Secondary Education 8 th Grade Science

Source: MO Dept of Elementary & Secondary Education A.L.: Comm. Arts, 2011

Source: MO Dept of Elementary & Secondary Education A.L.: Math, 2011

Academic Improvement Efforts New assessment tool: NWEA Better use of data to drive performance Teacher mentoring and coaching Curriculum mapping Academic support program

Future areas for improvement Differentiated instruction French assessment New teacher orientation Primary grade math Enhanced extra-curricular program Community service

Future unknowns/risks State funding Bond rating Student attrition Litigation outcome Construction costs/cost overruns Fundraising success Leadership candidate pool Ability to maintain diversity Continuing excellence in a larger school

Key: Keep our Eye on the Ball Academic excellence High expectations and hard work Small class size Recruit and retain outstanding teachers Meet needs of all students Stay true to immersion philosophy Commitment to diversity and serving entire city Stress critical thinking, citizenship, global view Maintain unique feel/culture of school High level of parental involvement Strong sense of community