Magnolia Public Schools

Finance/Audit Committee Meeting

Date and Time

Thursday June 2, 2016 at 2:00 PM PDT

Location

Dial:1.844.572.5683 Code: 1948435
Special 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 Ste. 1500 Los Angeles, CA 90012
  • 1020 South Olive Street, 7th Floor Los Angeles, CA 90015 (Ms. Noel Unterburger)
  • 2451 Ridge Rd. Berkeley, CA 94709 (Mr. Serdar Orazov)
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

Section Number Topic Number Details
I. Opening Items
 
Opening items
  A. Record Attendance and Guests
  B. Call the Meeting to Order
II. Action Items- Recommendation to Full Board
  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 MERF 2014 and MSA 2010-14 Income Tax Returns
   
  D. Approval of Revisions to Accounting Policies and Procedures
   
  E. Approval of Cash Management Intra-Company Loans for Operational Expenses
   
III. Discussion Items
  A. Financial Update- April 2016
   
IV. Written Item
  A. Finance Department Year End Report
   
V. Closing Items
  A. Adjourn Meeting