Hello, Academy community! We have a few brief items to share with you today…
I just came to the realization that much of our larger community may have missed this: Andy Watson has called a meeting for the entire faculty tomorrow afternoon, April 24th, at 4:00 in Simms Auditorium. We here at the Save Albuquerque Academy project will be sure to let you know what transpires.
Also, with regard to Gary Gordon’s slideshow and talk, I wanted to add a conclusion of sorts. On reflection, the presentation 1) largely consisted of incomplete or incorrect information and 2) did not address many of the questions that we and others have posed about the Academy’s asset management – or the most important concern for every one of us: where do we go from here? Relying on the future generosity of our donors is not a viable plan for running a school. There has to be more concrete strategic planning.
Finally, a last bit about finances: During the Monday night version of his presentation, an audience member asked Mr. Gordon whether the Academy had ever defaulted on a bond. Mr. Gordon said no. But it looks like High Desert Investment Corporation, which was, as we all know, wholly owned by the school, did.
Stay tuned. Thank you so much for following us.