Equitas Academy Charter School

Minutes

Finance Committee Meeting

Date and Time

Wednesday May 30, 2018 at 3:00 PM

Location

Conference Call In: 719-394-0060. PIN: 81249. Additional Call in Locations: 2723 W. 8th St., Los Angeles, CA 90005, 3943 Pine Ave., Long Beach, CA 90807, 2001 E Plumb Ln, Reno, NV 89502
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

Committee Members Present

A. Sowrirajan (remote), B. Snyder (remote), S. Estilai (remote)

Committee Members Absent

None

Guests Present

L. Renfort (remote), M. Borrego (remote)

I. Opening Items

A.

Record Attendance and Guests

B.

Call the Meeting to Order

L. Renfort called a meeting of the Finance Committee Committee of Equitas Academy Charter School to order on Wednesday May 30, 2018 at 3:01 PM.

C.

Approve Minutes

A. Sowrirajan made a motion to approve minutes from the Finance Committee Meeting on 03-22-18 Finance Committee Meeting on 03-22-18.
B. Snyder seconded the motion.
The committee VOTED unanimously to approve the motion.

II. Finance

A.

Review of FY 2018-19 Budget

Samira took everyone through the Budget for FY18-19. Discussed how the conversation started with the vetting of CSGF. 
Would like the Board to review this month, with understanding what the assumptions are. We will make minor tweaks, and approve in June. 
For revisions - send to Samira as they come and she will make them. 

III. Closed Session

A.

CEO Compensation Recommendations

Committee went into closed session. 

IV. Closing Items

A.

Adjourn Meeting

A. Sowrirajan made a motion to adjourn the meeting.
B. Snyder seconded the motion.
The committee VOTED unanimously to approve the motion.
There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 3:55 PM.

Respectfully Submitted,
B. Snyder