Download minutes PDF Minutes Approved

ARISE High School

Minutes

November Finance Meeting

Date and Time

Tuesday November 30, 2021 at 2:00 PM

Committee Members Present

D. Bryson (remote)

Committee Members Absent

None

Guests Present

K. Gandiaga (remote)

I. Opening Items

A.

Record Attendance

B.

Call the Meeting to Order

D. Bryson called a meeting of the Finance Committee of ARISE High School to order on Tuesday Nov 30, 2021 at 2:00 PM.

C.

Approve Minutes

D. Bryson made a motion to approve the minutes from October Finance Committee Meeting on 10-12-21.
The committee VOTED to approve the motion.

D.

Approve Resolution to continue remote meetings in accordance with AB 361

D. Bryson made a motion to Approve resolution in accordance with AB 361.
The committee VOTED to approve the motion.

II. Finance

A.

ARISE Audit Report

  • This is draft version. Final version will be delivered soon. 
  • Net assets above $2M.
  • Change in net assets: $590K. This will decreased because of a final invoice from Seneca.
  • Audit findings: no findings for year ending June 2021. Finding from 2020 was remediated.

B.

ARISE Educator Effectiveness Plan

  • Estimated entitlement: $95,963
  • Majority of investment going toward credentialing. 
  • This supports efforts to recruit and hire individuals from local community.
  • Staff will move majority of funds into focus area #1. 
  • Will be voted on in full board meeting on December 7.

C.

ARISE First Interim Report

  • EdTec team reviewed forecast, cash flow and first interim. 
  • Increase in Other State Revenue resulted in increase in operating income
  • First Interim: submitting 3 year projection.

III. 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 2:37 PM.

Respectfully Submitted,
D. Bryson
This legislative body conducts business under the meeting requirements of the Ralph M. Brown Act.

MEETING AGENDA & RELATED MATERIALS
Agendas for regular board meetings as defined by the Brown Act will be posted at the meeting site and the legislative body’s website, if applicable, 72 hours prior to
the start of the meeting. Agendas for special meetings as defined by the Brown Act will be posted at the meeting site and the legislative body’s website, if applicable,
24 hours prior to the start of the meeting. Materials relating to an agenda topic that is a matter of public record in open session, will be made available for public
inspection 72 hours prior to the start of the meeting, or, alternatively, when the materials are distributed to at least a majority of board members.

THE ORDER OF BUSINESS MAY BE CHANGED WITHOUT NOTICE
Notice is hereby given that the order of consideration of matters on this agenda may be changed without prior notice.

REASONABLE LIMITATIONS MAY BE PLACED ON PUBLIC TESTIMONY
The Governing Board’s presiding officer reserves the right to impose reasonable time limits on public testimony to ensure that the agenda is completed.

SPECIAL PRESENTATIONS MAY BE MADE
Notice is hereby given that, consistent with the requirements of the Bagley-Keene Open Meeting Act, special presentations not mentioned in the agenda may be
made at this meeting. However, any such presentation will be for information only.

REASONABLE ACCOMMODATION WILL BE PROVIDED FOR ANY INDIVIDUAL WITH A DISABILITY
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 this meeting may request assistance by contacting ARISE High School, 3301 E. 12th Suite 205, Oakland, CA; telephone: (510) 436-5487.

FOR MORE INFORMATION
For more information concerning this agenda or for materials relating to this meeting, please contact ARISE High School, 3301 E. 12th Suite 205, Oakland, CA;
telephone: (510) 436-5487.