Minutes from December 16, 2011 Trustee Meeting

Ronald C. Wornick Jewish Day School Trustee Meeting

Minutes of Meeting Conducted on December 16, 2011

(Trustee Meeting #5 of 2011-2012 School Year)

Trustees Attending Meeting: Joelle Kaufman, Roger Feigelson, Madeline Benson, Sharon Hartley, Eyal Ofek, Caren Neydavoud, Rabbi Dan Feder, Abbe Braitman, Yaniv Bensadon, Adrienne Weil, Fran Eastman, Rabbi Dennis Eisner, Carrie Ridge, Amy Sosnick and Josh Smith.

RCWJDS Staff Attending Meeting: Barbara Gereboff

Meeting Minutes:

Abbie delivered an eloquent D'var Torah.

A motion to approve minutes from the prior Trustee meeting passed unanimously.

Barbara presented the HOS report and entertained questions.  Joelle requested that data regarding how many potential families toured the school vs. how many actually applied to the School be presented at the next Trustee meeting.

Barbara gave a report regarding technology and informed the Board that the School will need to raise between $30,000 to $40,000 to spend on technology.

Amy Sosnick reminded everyone to sign up for Feast Your Mind on February 26^th.

Madeline delivered a comprehensive presentation regarding tuition, tuition assistance, and the overall financial health of the School.

For the 2011-2012 school year, a “operating surplus” of $52,000 is projected;

For the 2012-2013 school year, a “operating surplus” of $350,000 is projected;  

Approximately 51% of the students at Wornick are granted some amount of Tuition Assistance.  Of those who are granted tuition assistance, the average amount of tuition assistance that is granted is approximately $4,600 per year (or approximately 25% of full tuition); and

The Finance Committee recommends that tuition be increased by five percent (5%) at all grade levels for the 2012-2013 school year.

A motion was made to accept the recommendation of the Finance Committee recommendation to increase tuition by 5% at all grades.  All present voted in favor of the motion other than Eyal Ofek (who voted against the motion) and Adrienne Weil (who abstained from voting).

The Board met in Executive Session.  Joelle led a discussion and a question and answer period.

The meeting adjourned at 9:15PM.

Respectfully submitted,

Josh Smith

RCWJDS Board Secretary 2011-2012

January 15, 2012

Comments

[Fred Weiner]

Board: I would appreciate if the minutes do not use the word "profit" when referring to the budget. The best reference should be "operating surplus". Also, I would like the Board to consider whether the amount of tuition assistance available should be part of the minutes. Instead, the Board should consider wording such as "The Board approved tuition assistance at a level that would appropriately meet the needs of those families applying for assistance".

Thank you, Fred