Listening now to the financial discussion. Will Henderson is attending.

Treasurer Stanley Beatty: Yay us for putting this item as a regular topic on our monthly agenda. We will continue to reflect on our financial oversight practices.

Will Henderson: KIPP is in compliance (the embezzlement thing). Capital Village was below its FCAP target because it didn't reduce staff by enough. PCSB issued a Citation of Fiscal Concern. No other changes. Process explanation followed, which I thought was well given. That's it. So I guess we find out what next month shall bring.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Board book is up! I don't consider day-to-day to be "early" or even appropriate, but at least it's not at the last possible second.

I am really only interested in the financial report. Capital Village continues to be in financial trouble. No changes to the Financial Monitoring List since the June version. So nothing interesting-- or rather, what's interesting is that PCSB seems to think there aren't problems.

What's the PCSB waiting for with Capital Village -- missed payrolls? An implosion like Eagle? They are bottom 10 of DC middle schools for math proficiency (along with a couple of KIPP schools and Two Rivers Young -- yikes!). Second from last for ELA where only an alternative school is lower.

I remember people said KIPP was an amazing school

KIPP is not financially unstable or running out of money. They had a staff member embezzlement and had to make some changes to prevent that. Totally different kind of thing.

Anonymous wrote:

Anonymous wrote:Board book is up! I don't consider day-to-day to be "early" or even appropriate, but at least it's not at the last possible second.

I am really only interested in the financial report. Capital Village continues to be in financial trouble. No changes to the Financial Monitoring List since the June version. So nothing interesting-- or rather, what's interesting is that PCSB seems to think there aren't problems.

What's the PCSB waiting for with Capital Village -- missed payrolls? An implosion like Eagle? They are bottom 10 of DC middle schools for math proficiency (along with a couple of KIPP schools and Two Rivers Young -- yikes!). Second from last for ELA where only an alternative school is lower.

I remember people said KIPP was an amazing school

Anonymous wrote:I think functionally it is an alternative school even if not formally designated.

I think they're hoping for a voluntary closure. We'll see.

It doesn’t qualify for the alternative designation. They also weren’t founded as an alternative program.

I agree with you that the PCSB is hoping for a voluntary closure. The issue is if that voluntary closure happens at the start or in the middle of the year because the finances collapse. At this point, the PCSB should know how enrollment is trending for that school and if they have enough students to operate appropriately.

I think functionally it is an alternative school even if not formally designated.

I think they're hoping for a voluntary closure. We'll see.

Anonymous wrote:Board book is up! I don't consider day-to-day to be "early" or even appropriate, but at least it's not at the last possible second.

I am really only interested in the financial report. Capital Village continues to be in financial trouble. No changes to the Financial Monitoring List since the June version. So nothing interesting-- or rather, what's interesting is that PCSB seems to think there aren't problems.

What's the PCSB waiting for with Capital Village -- missed payrolls? An implosion like Eagle? They are bottom 10 of DC middle schools for math proficiency (along with a couple of KIPP schools and Two Rivers Young -- yikes!). Second from last for ELA where only an alternative school is lower.

Board book is up! I don't consider day-to-day to be "early" or even appropriate, but at least it's not at the last possible second.

I am really only interested in the financial report. Capital Village continues to be in financial trouble. No changes to the Financial Monitoring List since the June version. So nothing interesting-- or rather, what's interesting is that PCSB seems to think there aren't problems.

https://dcpcsb.org/board-meeting-august-2025

Here is the agenda. Three facility charter amendments, some other amendments, and the monthly school finance report. I am most interested in the finance report as schools get closer to final enrollment numbers and it may show some cause for concern.