Final

Elgin Math & Science Academy

EMSA Finance Committee Meeting

Date and Time

Friday March 8, 2019 at 8:00 AM CST

Location

EMSA Conference Room, 1600 Dundee Ave, Elgin, IL

Agenda

Section Number Topic Number Details
I. Opening Items
 
Opening Items
  A. Record Attendance and Guests
  B. Call the Meeting to Order
  C. Approve Minutes
II. Finance
 
Finance
  A. Review and Approval of Financial Policies
   
Where would the Committee like to start its review for this year?
Per policies Finance committee is expected to review, approve & present to Board audit.
FY 19-20 ask an outside person to sit in on a one-time audit review Finance meeting. Auditors will present to Finance Committee.  Include annual date in Finance Calendar.
  B. CFO Report and Review of Budgets
   
  1. Balance Sheet
  2. Budget Variance
  3. Cash Flow Report
  4. 990 status
  5. 2019-20 Budget (after Board planning meeting)
  6. Capital Budget
  C. EMSA Future Growth Model
III. Other Business
IV. Closing Items
  A. Adjourn Meeting