Elgin Math & Science Academy
Minutes
Finance Committee Meeting
Date and Time
Thursday August 27, 2026 at 8:00 AM
Location
EMSA Finance Committee Meeting
Thursday, August 27 · 8:00 – 9:00am
Time zone: America/Chicago
Google Meet joining info
Video call link: https://meet.google.com/ugj-irjo-xef
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Committee Members Present
A. Krog (remote), A. Scimeca, N. Walters (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
A. Krog called a meeting of the Finance Committee of Elgin Math & Science Academy to order on Thursday Aug 27, 2026 at 8:02 AM.
C.
Approve Minutes from April 17, 2026
A. Scimeca made a motion to approve the minutes from Finance Committee Meeting on 04-17-26.
S. Bennett seconded the motion.
The committee VOTED to approve the motion.
D.
Approve Minutes from June 19, 2026 Meeting
P. Stagen made a motion to approve the minutes from Finance Committee Meeting on 06-19-26.
S. Bennett seconded the motion.
The committee VOTED to approve the motion.
II. Review Financials
A.
Review July Interim Financials
III. FY27
A.
DCEO FY26 Capital Funding
EMSA will move forward with work performed monthly and reimbursed by DCEO.
B.
Bond Reserve Fund
EMSA will begin making monthly payments to replace the bond reserve fund.
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 8:55 AM.
Respectfully Submitted,
K. Martinez
Natalia presented the July Interim financials.