Watershed Financial

The school has accomplished, or will shortly accomplish, some important goals. We are in the final stages of budgeting for next year, and things are coming out better than expected. The state is very satisfied with our progress, and we expect to receive a loan, consistent with the 3-year plan worked out with the state, that will enable us to move forward consistent with the overall plan to eliminate our debt. Ingunn Hennrikssen has agreed to serve as Interim Administrator and is doing a bang-up job. We are engaged in a search for a permanent administrator beginning in the coming school year. Endel Kallas is chairing that process, and would welcome any input or any networking/recruiting of possible candidates. We have agreed to the basic terms and are in the process of finishing a lease with CLWS to continue in our current space. And finally, we need to conduct a Board election and hope to do so before the end of the year. We would eagerly welcome any interest in serving on the Board or its committees. We have a particular need for someone, or more than one someone, with some experience–or at least a facility–in accounting, bookkeeping, or general business/financial management. Thanks to everyone for pulling together so well in this challenging year.