Magnolia Public Schools

Finance/Audit Committee Meeting

Date and Time

Tuesday September 6, 2016 at 7:30 AM 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 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:
Ms. Noel Russell-Unterburger, Chair
Mr. Serdar Orazov

CEO and Superintendent:
Dr. Caprice Young

Agenda

     
I. Opening Items
 
Opening items
  A. Record Attendance and Guests
  B. Call the Meeting to Order
  C. Public Comment
  D. Approval of Agenda
  E. Approval of Regular Finance Committee Meeting- July 13, 2016
    Minutes for Finance/Audit Committee Meeting on July 13, 2016
II. Action Items- Recommendation to Full Board
  A. Approval of 2016-17 Home Office Budget
   
  B. Approval of Revised CMO Cost Allocation Table and Reserve for Economic Uncertainties
   
  C. Approval of Changes in Financial Policies
  D. Approval of Facility Incentive Grant
  E. Approval of Intra Company Operational Loan to MSA Santa Ana
III. Discussion Item
  A. June 2016 Unaudited Actuals
   
  B. Financial Update- July 2016
   
IV. Closing Items
  A. Adjourn Meeting