Environmental Charter Schools
Finance Committee Meeting
Date and Time
Friday March 3, 2017 at 9:30 AM PST
Location
16315 Grevillea Ave. Lawndale, CA 90260
Finance Committee Members
Tracy Bondi - Chair
Alison Diaz
Ken Deemer
Bruce Greenspon
William Robertson
Jenni Owen
Finance Committee Charter
THE ORDER OF BUSINESS MAY BE CHANGED WITHOUT NOTICE
Notice is hereby given that the order of consideration of matters on this agenda may be changed without prior notice.
REASONABLE LIMITATIONS MAY BE PLACED ON PUBLIC TESTIMONY
The Governing Board’s presiding officer reserves the right to impose reasonable time limits on public testimony to ensure that the agenda is completed.
SPECIAL PRESENTATIONS MAY BE MADE
Notice is hereby given that consistent with the requirements of the Bagley-Keene Open Meeting Act, special presentations not mentioned in the agenda may be made at this meeting. However, any such presentation will be for information only.
REASONABLE ACCOMMODATION WILL BE PROVIDED FOR ANY INDIVIDUAL WITH A DISABILITY
Pursuant to the Rehabilitation Act of 1973 and the Americans with Disabilities Act of 1990, any individual with a disability who requires reasonable accommodation to attend or participate in this meeting of the Governing Board may request assistance by contacting ECS at 812 West 165th Place, Gardena, CA 90247; telephone (310) 214-3400; fax (310) 214-3410.
FOR MORE INFORMATION
For more information concerning this agenda or for materials relating to this meeting, please contact ECS at 812 West 165th Place, Gardena, CA 90247; telephone (310) 214-3400; fax (310) 214-3410.
Tracy Bondi - Chair
Alison Diaz
Ken Deemer
Bruce Greenspon
William Robertson
Jenni Owen
Finance Committee Charter
- Provides financial oversight for the organization
- In conjunction with staff and other stakeholders, develops an annual operating budget and recommends for board approval
- Monitors adherence to budget and recommends changes, if necessary
- Sets long-term financial goals with funding strategies to achieve them
- Considers special, unbudgeted requests and make recommendations to board
- Develops multi-year operating budgets that tie to strategic plan
- Ensures adequacy of financial controls and monitor for compliance
- Ensure Financial literacy of Board Members by providing training
- Hold a yearly ECS financial training course as needed
- Ensure adequate financing for the facilities development in Inglewood and Lawndale
- Ensure salary schedules are supportable and sustainable
- Assist in determination of auditor evaluation and choice of auditors for 2016-17 audit
THE ORDER OF BUSINESS MAY BE CHANGED WITHOUT NOTICE
Notice is hereby given that the order of consideration of matters on this agenda may be changed without prior notice.
REASONABLE LIMITATIONS MAY BE PLACED ON PUBLIC TESTIMONY
The Governing Board’s presiding officer reserves the right to impose reasonable time limits on public testimony to ensure that the agenda is completed.
SPECIAL PRESENTATIONS MAY BE MADE
Notice is hereby given that consistent with the requirements of the Bagley-Keene Open Meeting Act, special presentations not mentioned in the agenda may be made at this meeting. However, any such presentation will be for information only.
REASONABLE ACCOMMODATION WILL BE PROVIDED FOR ANY INDIVIDUAL WITH A DISABILITY
Pursuant to the Rehabilitation Act of 1973 and the Americans with Disabilities Act of 1990, any individual with a disability who requires reasonable accommodation to attend or participate in this meeting of the Governing Board may request assistance by contacting ECS at 812 West 165th Place, Gardena, CA 90247; telephone (310) 214-3400; fax (310) 214-3410.
FOR MORE INFORMATION
For more information concerning this agenda or for materials relating to this meeting, please contact ECS at 812 West 165th Place, Gardena, CA 90247; telephone (310) 214-3400; fax (310) 214-3410.
Agenda
| I. | Opening Items | |
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Opening Items
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| A. | Record Attendance and Guests | |
| B. | Call the Meeting to Order | |
| II. | Approval of Agenda and Previous Meeting Minutes | |
| A. | Motion to approve the agenda | |
| B. | Approve Previous Finance Committee Meeting Minutes | |
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Finance Committee Meeting Minutes February 20, 2017 |
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| Approve minutes for Finance Committee Meeting on January 20, 2017 | ||
| III. | Presentation from the Floor | |
| A. | Presentations from the Floor | |
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At this time any person wishing to speak to any item not on the agenda will be granted three minutes to make a presentation to the committee.
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| B. | Presentations on the Agenda | |
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Any person wishing to speal to any item on the agenda will be granted five minutes to make a presentation. |
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| IV. | Discussion Items / Updates | |
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Finance Committee
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| A. | EdTec Financial Update | |
| B. | Benchmarks Update | |
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Slides included in EdTec Financial Update above. |
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| C. | Fundraising Update | |
| D. | Auditor Selection for 2016/17 Audit | |
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Note, Vicenti did not send an updated proposal packet but emailed that they could bring their proposal to $17,000 for the audit and $3,950 for the tax returns. This is in comparison to the Squar Milner proposal which would be $13,995 - $14,995 for audit (depending on if it is a 1,2, or 3 year contract) and $1,500 for the tax returns. |
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| V. | Action Items | |
| A. | Approve College Readiness Block Grant Plan | |
| B. | Approve Proposal for Audit Services for FY 2016/17 | |
| VI. | Closing Items | |
| A. | Adjourn Meeting | |
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Time: |
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