Final

Elgin Math & Science Academy

Finance Committee Meeting

Date and Time

Friday June 19, 2026 at 8:00 AM CDT

Location

Virtual

Agenda

Section Number Topic Number Details Purpose Presenter Time
I. Opening Items 8:00 AM
 
Opening Items
 
  A. Record Attendance and Guests Discuss Paul Stagen 1 m
  B. Call the Meeting to Order Discuss Paul Stagen 1 m
  C. Approve Minutes from April 17, 2026 Approve Minutes Paul Stagen 2 m
     
II. Review Financials 8:04 AM
  A. Review May Interim Financials Discuss Natalia Walters 30 m
   

Natalia Walters will present the interim May financial report. 

 

Management will share re-forecasts and updates

  
III. FY27 Budget 8:34 AM
  A. FY27 Budget Discuss Kathryn Martinez 30 m
   

Leadership will share proposed FY27 budget. 

  
IV. Other Business 9:04 AM
  A. Next meeting(s) Discuss Paul Stagen 2 m
   

Review FY27 Finance Committee Meeting Dates. 

  
  B. Motion to Enter Executive Session Vote Paul Stagen 2 m
   

The EMSA Finance & Operations Committee proposes a closed session to discuss specifically items enumerated below and in accordance with the Open Meetings Act which provides:

(c) Exceptions. A public body may hold closed meetings to consider the following subjects:

(1) The appointment, employment, compensation, discipline, performance, or dismissal of specific employees, specific individuals who serve as independent contractors in a park, recreational, or educational setting, and other items allowed under the Open Meetings Act.

        (2) The discussion of minutes of meeting lawfully closed under the Open Meeting Act, whether for purposes of approval by the body of the minutes or semi-annual review of the Minutes as mandated by Section 2.06. 5 ILCS 120/2(c)(21).

        (3) Litigation when the public body finds that an action is probable or imminent, in which case the basis for the finding shall be recorded and entered into the minutes of the closed meeting. 5 ILCS 120/(c)(11).  

 

      

 

 

 

  
  C. Executive Session Discuss Group 15 m
  D. Motion to Exit Executive Session Vote Paul Stagen 2 m
V. Closing Items 9:25 AM
  A. Adjourn Meeting Discuss Paul Stagen 1 m