KIPP Philadelphia Public Schools
Minutes
Finance Committee Meeting
Date and Time
Tuesday November 10, 2020 at 4:00 PM
A regular meeting of the KIPP Philadelphia Charter School Board of Trustees Finance Committee in joint session with regular meetings of the KIPP West Philadelphia Preparatory Charter School Board of Trustees Finance Committee, KIPP DuBois Charter School Board of Trustees Finance Committee, KIPP West Philadelphia Charter School Board of Trustees Finance Committee, KIPP North Philadelphia Charter School Board of Trustees Finance Committee, and KIPP Parkside Charter School Board of Trustees Finance Committee, with Committee Chair David Reuter presiding.
Committee Members Present
A. Aerts (remote), B. Cummings (remote), D. Reuter (remote), J. Wheeler (remote), L. Whitaker (remote), R. Fairman (remote), S. Wilson Jones (remote)
Committee Members Absent
J. Davidse, R. Knowles
Guests Present
J. Cole (remote), N. Wiltshire (remote), W. Jones (remote)
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
W. Jones called a meeting of the Finance Committee of KIPP Philadelphia Public Schools to order on Tuesday Nov 10, 2020 at 4:04 PM.
II. FY 20 Review
A.
Review Q1 Financials
- W. Jones opened the meeting with discussion surrounding the budget to actuals as of October 2020
III. Audit Preview
A.
Audit Update
- W. Jones gave an update on the audit and discusses ways to "prove existence" for students
IV. Whittier Project
A.
Update
- N. Wiltshire gave a brief update on the Whittier project and discusses the lease being reviewed and informing committee members that the executive committee will vote in the event of lease changes
V. Closing Items
A.
Adjourn Meeting
There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 4:17 PM.
Respectfully Submitted,
W. Jones