Equitas Academy Charter School

Minutes

Finance Committee Meeting

Date and Time

Thursday September 24, 2020 at 12:00 PM

Location

Google Meet: 
meet.google.com/axo-wubj-ugp
 
Phone: 
‪(US) +1 424-247-6853‬
PIN: ‪660 547 931‬#
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.

Committee Members Present

B. Snyder (remote), C. Casey (remote), M. Ford (remote), P. Reddy (remote), S. Estilai (remote), S. Sobkov (remote)

Committee Members Absent

A. Perez

Committee Members who arrived after the meeting opened

S. Sobkov

Committee Members who left before the meeting adjourned

B. Snyder

Guests Present

Guillermo Garcia (remote), John from Stifel (remote)

I. Opening Items

A.

Record Attendance and Guests

B.

Call the Meeting to Order

P. Reddy called a meeting of the Finance Committee Committee of Equitas Academy Charter School to order on Thursday Sep 24, 2020 at 12:02 PM.

C.

Approve Minutes

P. Reddy made a motion to approve the minutes from Finance Committee Meeting on 08-27-20.
B. Snyder seconded the motion.
The committee VOTED to approve the motion.
Roll Call
A. Perez
Absent
P. Reddy
Aye
S. Sobkov
Absent
B. Snyder
Aye
P. Reddy made a motion to approve the minutes from Finance Committee Meeting on 05-28-20.
B. Snyder seconded the motion.
The committee VOTED unanimously to approve the motion.

II. Public Comment

A.

Public Comment

Public Present: Guillermo Garcia and John @ Steeple

III. Finance Committee

A.

FY21 Annual Budget

M. Ford & S. Sobkov presented on FY21 Annual Budget
Finance Committee recommends the FY21 Annual Budget to the Board for approval 
S. Sobkov arrived.

B.

Real Estate

M. Ford presented on Equitas Real Estate.

C.

Long-Term Financial Model

Stifel presented on Long-Term Financial Model
B. Snyder left.

IV. Materials

A.

FY21 Committee Priorities + FY21 Scope & Sequence

Finance Committee ready to present FY21 Committee Priorities to the Board.

V. 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 1:15 PM.

Respectfully Submitted,
P. Reddy