General Overview of Financial Priorities and Goals

1
General Overview of Financial Priorities and Goals

• Overall goals
• Hire and retain best teachers
• Safe, student friendly facilities
• Efficient organization

2
Key income drivers and assumptions (Number of
students, average tuition rate, and fundraising)

• Number of students
• Plan to move 8th grade to Upper School building
  for FY 09-10.
• Enrollment will increase for 6th grade to 240
  students and for grade 7th to 210 students.
•  Estimate of attrition
• 7th Grade to 8th Grade -15
• 8th Grade to 9th Grade -34
• 9th Grade to 10th Grade-18
• 10th Grade to 11th Grade -18
• Total number of students in Middle School and
  High School
• Average tuition reimbursement per student

3
Number of Students FY 09-10
4
Average Tuition For AMSA
5
Key Expense Drivers and Assumptions (Personnel
cost, Rent and facilities cost)

• Anticipated personnel cost expenses 61 for FY
  08-09
• Facility expansion for FY 09-10 from 63,038 RSF
  to 78,000 RSF
• Rent per sq. ft 11.00 for lease year 4-7
• Rent per sq. ft 11.25 for lease year 8-9
• Maintenance cost will increase for FY 09-10 due
  to the facility expansion.

6
Improvements/Savings Comparison from Last FY to
Date

• AMSA Charter School subsidized Bus-Transportation
  program for FY 06, FY 07, and FY 08
• FY 06 101,439
• FY 07 74,566
• FY 08 60,314
• FY 09 Projection breakeven
• Legal fees expenses
• FY 06 60,391
• FY 07 146,164
• FY 08 148,520
• FY 09 Projection 15,000

7
Improvements/ Savings for School Year 2009-2010

• Increase instructional periods per week.
• Substitute costs absorbed by other teachers
  covering for colleagues during their planning
  periods.
• Mentoring, peer coaching are contractual
  responsibilities that are not compensated for.
• One nurse will support the entire campus with
  substitute nurse contractor services for back up
  saving 60K
• Eliminated three administrative positions in
  savings of 140K

8
5 Year Projection
9
Operating Revenue (000)
10
Operating Expenses(000)
11
Operating Revenue, Expenses and Net Income If
average tuition per student will decrease by 5
12
Operating Revenue, Expenses and Net Income If
average tuition per student will decrease by 10