Magnolia Public Schools

Finance/Audit Committee Meeting

Date and Time

Tuesday May 10, 2016 at 6:00 PM PDT

Location

Teleconference Dial:1.844.572.5683 Code:1948435
Regular Finance Committee Meeting
Access to the Board Meeting:
Any interested parties or community members from remote locations may attend the meeting at the following school sites or the addresses where the Board members are joining the meeting from:

Remotely by dialing in to the numbers provided above
  • 250 East 1st Street Los Angeles, CA 90012
  • 1020 South Olive Street, 7th Floor Los Angeles, CA 90015
  • 2451 Ridge Rd. Berkeley, CA 94709
In compliance with the Americans with Disabilities Act (ADA) and upon request, Magnolia Public Schools may furnish reasonable auxiliary aids and services to qualified individuals with disabilities. Individuals who require appropriate alternative modification of the agenda in order to participate in Board meetings are invited to contact the MPS central office. If you need special assistance to attend the meeting or translation services, please notify Barbara Torres at (213) 628-3634 x100 to make arrangements and accommodate your disability.

Any public records relating to an agenda item for an open session of the Board which are distributed to all, or a majority of all, of the Board members shall be available for public inspection at 250 East 1st Street Ste 1500 Los Angeles, CA 90012.

Finance Committee Members:
Noel Russell-Unterburger, Chair
Serdar Orazov

CEO and Superintendent:
Caprice Young

Agenda

     
I. Opening Items
 
Opening items
  A. Record Attendance and Guests
  B. Call the Meeting to Order
  C. Approve Minutes of Regular Finance Committee- April 18, 2016
    Minutes for Finance/Audit Committee Meeting on April 18, 2016
  D. Approve Minutes of Special Finance Committee- April 21, 2016
    Minutes for Finance/Audit Committee Meeting on April 21, 2016
II. Action Items
  A. Approval of 2016-17 Annual Budgets for Magnolia Public Schools
  B. Approval of Revised CMO Cost Allocation Table and Reserve for Economic Uncertainties
  C. Approval of Desk Procedure for H1B Visa Process
   
  D. Approval of Baseline Capital Plan
   
III. Discussion Items
  A. Financial Update- March 2016
   
  B. Health Benefits Audit Report
   
IV. Closing Items
  A. Adjourn Meeting