Equitas Academy Charter School
Finance Committee Meeting
Date and Time
Tuesday November 19, 2019 at 12:00 PM PST
Location
1612 W. Pico Blvd., Los Angeles, CA 90015
PUBLIC COMMENT AT EQUITAS ACADEMY BOARD MEETINGS – An opportunity for the public to address the Board will be provided at the conclusion of the agenda. Members of the public who wish to speak on any item are requested to identify themselves and indicate on which agenda item they wish to speak. The Board will provide an opportunity for the public to speak for a maximum of three (3) minutes, unless granted additional time at the discretion of the Board. Testimony shall be limited in content to matters pertaining to Equitas Academy. The Board may not take any action on matters discussed during the public testimony period that are not listed on the agenda. Brown Act Compliance: Agenda posted at School
Pursuant to the Rehabilitation Act of 1973 and the Americans with Disabilities Act of 1990, any individual with a disability who requires reasonable accommodation to attend or participate in a meeting of the Board of Directors, may request assistance in advance of the meeting by contacting Equitas Academy Charter School at 1700 West Pico Boulevard, Los Angeles, CA 90015 or by phone (213) 201-0440.
Meeting Location:
1612 W. Pico Blvd., Los Angeles, CA 90015
Telephonic Participation Locations:
Equitas Academy: 1700 West Pico Blvd, Los Angeles, CA 90015 (combined with 1612 W. Pico, which is an adjacent location)
Equitas Academy #2: 2723 W. 8th St, Los Angeles, CA 90005
Equitas Academy #3 and #5: 1050 Beacon, Los Angeles, CA 90015
Equitas Academy #4: 631 S Commonwealth Ave., Los Angeles, CA 90005
Teleconference:
Hangouts Meet: meet.google.com/mdf-dmyv-mjq
Phone number: (US)+1 440-772-1775
PIN: 259 235 223#
Additional call in locations:
3731 W 227th St, Torrance, CA 90505; 11858 La Grange Avenue, Los Angeles, CA 90025; 10950 Washington Blvd., Culver City, CA, 90232; 1228 21st Street, Santa Monica, CA 90404; 711 Long Beach Blvd Ste 5061, Long Beach, CA 90807.
Pursuant to the Rehabilitation Act of 1973 and the Americans with Disabilities Act of 1990, any individual with a disability who requires reasonable accommodation to attend or participate in a meeting of the Board of Directors, may request assistance in advance of the meeting by contacting Equitas Academy Charter School at 1700 West Pico Boulevard, Los Angeles, CA 90015 or by phone (213) 201-0440.
Meeting Location:
1612 W. Pico Blvd., Los Angeles, CA 90015
Telephonic Participation Locations:
Equitas Academy: 1700 West Pico Blvd, Los Angeles, CA 90015 (combined with 1612 W. Pico, which is an adjacent location)
Equitas Academy #2: 2723 W. 8th St, Los Angeles, CA 90005
Equitas Academy #3 and #5: 1050 Beacon, Los Angeles, CA 90015
Equitas Academy #4: 631 S Commonwealth Ave., Los Angeles, CA 90005
Teleconference:
Hangouts Meet: meet.google.com/mdf-dmyv-mjq
Phone number: (US)+1 440-772-1775
PIN: 259 235 223#
Additional call in locations:
3731 W 227th St, Torrance, CA 90505; 11858 La Grange Avenue, Los Angeles, CA 90025; 10950 Washington Blvd., Culver City, CA, 90232; 1228 21st Street, Santa Monica, CA 90404; 711 Long Beach Blvd Ste 5061, Long Beach, CA 90807.
Agenda
| I. | Opening Items | |
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Opening Items
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| A. | Record Attendance and Guests | |
| B. | Call the Meeting to Order | |
| C. | Approve Minutes | |
| Approve minutes for Finance Committee Meeting on September 24, 2019 | ||
| II. | Public Comment | |
| A. | Public Comment | |
| III. | Finance Committee | |
| A. | Review of 1st Interim Financial Report | |
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The committee will monitor the organization’s ongoing financial health (e.g. days of cash on hand, enrollment, philanthropy, net income before philanthropy, clean audits, debt covenants).
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| B. | Long-Term Financial Plan | |
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The committee will provide feedback on the organization’s long-term financial plan, with the objective of ensuring that the organization can grow responsibly over time.
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| C. | Real Estate | |
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In alignment with our priority to “monitor and advise on the organization’s current and future real estate capital budgets and financings”, the committee will (a) monitor capital budgets for projects currently in development— specifically EQ4, and (b) provide feedback on the EQ5/EQ6 project budget and financing plan.
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| D. | Preparing for the FY21 Budget Process | |
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In alignment with our priority to “commit to continuous improvement”, the committee will review What to Ask About the Annual Budget, and identify specific improvements to implement in our FY21 annual plan and budget process.
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| E. | Next Steps | |
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Align on next steps.
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| IV. | Materials | |
| A. | FY20 Committee Priorities + FY20 Scope & Sequence | |
| V. | Closing Items | |
| A. | Adjourn Meeting | |