04:05The Little Eagles Daycare is projecting a shortfall of approximately $18,500 for the year, after accounting for the usual annual support from Madison EDA and MHS. The budgetary concerns primarily stem from staffing costs, which constitute about 80% of the daycare’s expenditure. To mitigate these financial challenges, a task force has been established to explore community fundraising opportunities and potential support from local businesses. The board emphasized the importance of diversifying funding sources to maintain financial stability and reduce reliance on external assistance.

Staffing requirements, dictated by health regulations, were discussed in detail, alongside the rising cost of supplies due to increased enrollment. Starting June 30, a $5 per week fee increase for all children will be implemented to address these financial pressures. Additionally, health insurance contributions for employees will rise from $500 to $627. The daycare’s current enrollment stands at 68 children, nearing its licensed capacity of 75, with a total workforce of 35 personnel, including full-time, part-time, and on-call staff.

22:40In terms of infrastructure, the board addressed the need to replace the school’s aging intercom system. The existing system, original to the building, has developed significant technology issues, with some components failing and concerns raised about safety and effective communication during emergencies. The proposed solution involves utilizing available one-time funds to purchase necessary components and materials within the current fiscal year, with plans to use safe schools funding for installation in the following year. Installation is expected to begin in mid-July to minimize classroom disruption, although some outdoor areas may require work during the school year.

The board recognized the need for proactive measures to ensure safety and effective communication within the school and discussed the potential impact of installation on classroom activities. Concerns were raised about the replacement schedule for the intercom system, similar to other technology equipment, to prevent future issues.

52:22In other matters, the board reviewed the annual report, which highlighted that 97% of licensed staff met performance pay measures based on observations and evaluations. The implementation of culturally responsive teaching strategies aimed at supporting English learners and multilingual students was also discussed, with hopes of improving performance on the Minnesota Comprehensive Assessments (MCA). While some improvements in MCA scores among lower grades were noted, overall scores remained low, with external factors potentially affecting performance. The introduction of Fast Bridge assessments for grades K through 6 was mentioned as a tool for more frequent evaluation and targeted lessons based on student performance.

32:16The board also turned its attention to the monthly financials and budget revisions, which focused on revenue and expenditures directly related to those revenues. Initial discussions highlighted strong enrollment numbers at the beginning of the year, although fluctuations were noted. State aid from Minnesota was expected to be higher than previously estimated, with an addition of approximately $30,000 to the budgeted amounts. However, caution was expressed about interest rates and the unpredictability associated with relying on interest income as a revenue stream.