Elgin Math & Science Academy
Minutes
Finance Committee Meeting
Date and Time
Friday February 20, 2026 at 8:00 AM
Location
Virtual
Committee Members Present
A. Scimeca (remote), N. Walters (remote), O. Faruqi (remote), P. Stagen (remote), S. Bennett (remote)
Committee Members Absent
None
Guests Present
K. Martinez (remote)
I. Opening Items
A.
Record Attendance and Guests
B.
Call the Meeting to Order
P. Stagen called a meeting of the Finance Committee of Elgin Math & Science Academy to order on Friday Feb 20, 2026 at 8:04 AM.
C.
Approve Minutes from December 12, 2025
A. Scimeca made a motion to approve the minutes from Finance Committee Meeting on 01-23-26.
S. Bennett seconded the motion.
The committee VOTED unanimously to approve the motion.
II. Review Financials
A.
Review January Interim Financials
III. FY26 Audit
A.
FY26 Audit
Committee reviewed 3 proposals for FY26 audit.
Committee decided to move forward with EisnerAmper.
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 8:48 AM.
Respectfully Submitted,
K. Martinez
Natalia Walters reviewed EMSA's interim financials for January 2026.
Leadership shared adjustments to the forecast for the remainder of the school year to address staffing needs.