March 12, 2015

Lakeview Academy 

Board of Trustees Meeting

527 West 400 North Saratoga Springs Utah

(all times listed are approximate and the board reserves the right to vote on any item on the agenda)

The purpose of the Board of Trustees, on behalf of the citizens of Utah, is to see to it that Lakeview Academy (1) achieves what it should according to the Lakeview Academy Charter and State Law and (2) avoids unacceptable actions and situations.

Work Session (6:30) Discussion of Space Program Proposal

1.Welcome & Roll Call (7:00 p.m.)

2. Pledge of Allegiance (7:00 p.m.)

3. Charter Training (7:10p.m.)

4. Reports (7:30 p.m.)

a. Director's Report

i. Math Benchmark Report

ii. Language Arts Benchmark Report

b. Financial Report Ending January 31, 2015

i. Balance Sheet Report Ending January 31, 2015

ii. Cash Flow Report Ending January 31,2015

iii. Income Statement Report Ending January 31, 2015

iv. Reconciliation Report Ending January 31, 2015

5.  Public Comment (8:00 p.m.) The public may address any issue not related to items already on the agenda.  Please state your name for the official minutes.  Please be mindful of the length of the board meeting and be concise.

6.  Consent Agenda (8:10 p.m.) 

a. Financial Reports Ending January 31, 2015

b. Minutes January 15, 2015

7. Action Items (8:15 p.m.)

a. Budget Amendment

b. Lottery and Enrollment Policy

c. Refinancing with New Construction and Pricing

d. Engagment Letter for Arbitrage Compliance Services

e. RFP Selection for a Financial Adviser

f. School Land Trust Progress Report 2015-2016

g. School Land Trust Plan 2016-2017

8. Policy Review (8:30 p.m.) Time has been set aside to discuss several policies.  How does this policy support the charter, global policies, state law, and governance? Is it effective? How do we know it is effective (direct inspection, data, audit)? Do we need to make any changes?

a. Part Time Enrollment Policy

9.  Board Business (8:45 p.m.)

a. Governance Training

b. Discussion on Assistant Secretary Vacancy

c. Standard & Poor's Rating (letter, report)

d. Board Event  & Assignment Schedule

e. A motion to enter a closed session in accordance with Utah Code 52-4-205 for the purpose of discussion of litigation matters, acquisition of real property, or authorized personal issues.

f. Action if any from closed session

10. Adjourn (9:00 p.m.)