Finance Committee Meeting Minutes

June 6, 2024, 3:00-4:30 PM

Minutes Approved

Equitas Academy Charter School

Minutes

Finance Committee Meeting

Date and Time

Thursday June 6, 2024 at 3:00 PM

Location

1612 W Pico Blvd, Los Angeles, CA 90015

Additional call-in locations:

1000 Broadway Ste 460, Oakland CA 94607

3731 W 227th St, Torrance, CA 90505

5075 Camino De La Siesta, Apt 221, San Diego, CA 92108

399 Park Ave, New York, NY 10022

11100 Santa Monica Blvd, 15th Floor, Los Angeles CA 90025

Nadine Peters is inviting you to a scheduled Zoom meeting.

Topic: Finance Committee Meeting
Time: This is a recurring meeting Meet anytime

Join Zoom Meeting
https://equitasacademy.zoom.us/j/82806058353

Meeting ID: 828 0605 8353

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Meeting ID: 828 0605 8353

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

A. Verma (remote), P. Reddy (remote), R. Lewis (remote), T. Hollenberg (remote)

Committee Members Absent

None

Guests Present

J. Rudolph, N. Peters, S. Estilai (remote), Y. Chiquito (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 Jun 6, 2024 at 3:00 PM.

C. Approve Minutes

II. Public Comment

A. Public Comment

No public comment.

III. Finance Committee

A. FY24 & FY25 Committee Goals

The committee discussed new FY24 & FY25 Committee Goals from the board retreat.

B. Year-to-Date Financials

The committee discussed year-to-date financials. No action taken.

C. FY25 Fiscal Handbook

A. Verma made a motion to Pass.

R. Lewis seconded the motion.

The committee VOTED to approve the motion.

Roll Call
P. Reddy	Aye
Y. Chiquito	Aye
R. Lewis	Aye
T. Hollenberg	Aye
A. Verma	Aye

D. FY25 Annual Budget & Enrollment Plan

The committee discussed FY24 & FY25 Committee Goals.

E. Real Estate

The committee discussed real estate projects and properties. No action taken.

F. Banking Strategy Update

The committee discussed banking strategy update.

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 4:30 PM.

Respectfully Submitted,

P. Reddy