Review Agenda Item
Meeting Date: 9/30/2021 - 5:30 PM
Category: Report of the Committee on Student Achievement and School Innovation
Type: Action
Subject: 2. Report with Possible Action Regarding the Implementation of the Personal Finance Course for the 2021-2022 School Year
Strategic Plan Compatibility Statement:
Goal 1
Academic Achievement
Policy: Admin Policy 7.37 - Graduation Requirements
Attachments Financial Literacy Report-September 2021
Personal Finance Semester Course Outline Fall 2021
Personal Finance Semester Course Outline Spring 2022
File Attachment:
Financial Literacy Report-September 2021.pdf
Personal Finance Semester Course Outline_ Fall 2021.pdf
Personal Finance Semester Course Outline_ Spring 2022.pdf
Background: This is the first quarterly update on the development and implementation of the new personal finance course offered to students. At its regular meeting in May, 2021 the Board approved the proposed revisions to administrative policy 7.37, requiring all high school students to take a one-semester personal finance course to prepare them to be college- and career-ready. The graduation requirement will begin at three schools - Riverside University High School, Alexander Hamilton High School, and Green Tree Preparatory Academy - starting with the Class of 2026, with additional schools to be added in subsequent semesters/years.
This report will provide information on the following:
• goals of the financial literacy course implementation;
• the current state of financial literacy in MPS;
• progress made on the implementation;
• the membership of the financial literacy advisory council, including key demographics of member organizations' leadership;
• the major topics covered in the financial literacy course, the curriculum standards used, and a timeline indicating when each topic is taught;
• a timeline for scaling the implementation to all high schools; and
• immediate next steps in the implementation process.
Fiscal Impact Statement:
Implementation and Assessment Plan
Recommendation: Your Committee reports having received the foregoing report from the Administration. Although this item has been noticed for possible action, no action is required.
Recommended By:
Signed By:
Jacqueline M. Mann, Ph.D. - Board Clerk/Chief Officer