Magnolia Public Schools
Minutes
Finance Committee Meeting
Date and Time
Thursday October 14, 2021 at 5:30 PM
Location
https://zoom.us/j/92767329278?pwd=b3dTdytLVWxSUmJhTDdZU2pESG5GUT09
Meeting ID: 927 6732 9278 Passcode: 740615
One tap mobile: +16699009128,,92767329278# US (San Jose)
One tap mobile: +16699009128,,92767329278# US (San Jose)
Finance Committee Members:
Dr. Salih Dikbas, Chair
Mr. Mekan Muhammedov
Dr. Umit Yapanel (alternate)
CEO and Superintendent:
Mr. Alfredo Rubalcava
Dr. Salih Dikbas, Chair
Mr. Mekan Muhammedov
Dr. Umit Yapanel (alternate)
CEO and Superintendent:
Mr. Alfredo Rubalcava
Committee Members Present
M. Muhammedov (remote), S. Dikbas (remote)
Committee Members Absent
None
I. Opening Items
A.
Call the Meeting to Order
S. Dikbas called a meeting of the Finance Committee of Magnolia Public Schools to order on Thursday Oct 14, 2021 at 6:02 PM.
B.
Record Attendance and Guests
Refer to attendance information stated above.
C.
Public Comment
No public comments were given at this time.
D.
Approval of Agenda
S. Dikbas made a motion to approve the agenda as presented.
M. Muhammedov seconded the motion.
The committee VOTED unanimously to approve the motion.
| Roll Call | |
|---|---|
| M. Muhammedov |
Aye
|
| S. Dikbas |
Aye
|
E.
Approval of Minutes from Finance Committee Meeting- June 21, 2021
M. Muhammedov made a motion to approve the minutes from Finance Committee Meeting on 06-21-21.
S. Dikbas seconded the motion.
The committee VOTED unanimously to approve the motion.
| Roll Call | |
|---|---|
| S. Dikbas |
Aye
|
| M. Muhammedov |
Aye
|
II. Recommended Action Item
A.
Committee Approval of Findings to Conduct Virtual Meetings Pursuant to AB 361/Government Code Section 54953
MPS Finance Committee discussed and found that the state of emergency exists in California related to COVID-19 and the County of Los Angeles Department of Public Health currently recommends measures to promote social distancing. The Finance Committee will revisit this item as stated by the law by or before 30 days. Committee Members questions were addressed by staff.
S. Dikbas made a motion to adopt the findings relating to the ability of the Finance Committee to conduct meetings due to teleconference during the State of Emergency, in reference to AB 261/Government Code Section 54953.
M. Muhammedov seconded the motion.
The committee VOTED unanimously to approve the motion.
| Roll Call | |
|---|---|
| M. Muhammedov |
Aye
|
| S. Dikbas |
Aye
|
III. Information/Discussion Items
A.
Magnolia Public Schools 2021-22 Budget Update
H.Ciftci, Interim Chief Financial Officer provided an update of the Budget for all Magnolia Public Schools. The budget information was based on the latest available information regarding state funding, deferrals, approved on-time state and federal stimulus, and all other considerations (AB 86 grants & CARES Act funding). Committee Members addressed their concerns regarding ADA percentages of certain school sites. Staff will share with the Committee and Board Adaptive Insights information. Committee Members questions were addressed by staff.
IV. 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 6:23 PM.
Respectfully Submitted,
S. Dikbas