Laureate Academy Charter School Board of Directors
Minutes
Finance Committee Meeting
Date and Time
Wednesday July 19, 2023 at 4:30 PM
Location
Laureate Academy Charter School
The matters listed are those reasonably anticipated by the Chair to be discussed at the meeting. Not all items listed may, in fact, be discussed. Other items not listed may be brought up for discussion to the extent permitted by law. All agenda items are informational unless otherwise denoted, though all committee reports require a vote for acceptance. Unless otherwise stated due to COVID-19 precautions, the meeting will be held at Laureate Academy, 2115 Oakmere Dr, Harvey, LA 70058.
Remote Attendance information:
Jake Krupa is inviting you to a scheduled Zoom meeting.
https://tulane.zoom.us/j/91356858989?pwd=NmdTeXB1dDBDRjBuYTBZY0NvWWkvdz09
Meeting ID: 913 5685 8989
Passcode: 279219
One tap mobile
+13052241968,,91356858989#,,,,*279219# US
+13092053325,,91356858989#,,,,*279219# US
Committee Members Present
Jake Krupa
Committee Members Absent
Nicholas Aucoin
Guests Present
Jonathan Tebeleff
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
C.
Approve Minutes
II. Items for Discussion
A.
Updated Financials
- Currently around a $400,000 surplus as of end of May.
- Year end close still ongoing
B.
Discuss Year End Close & Audit Timeline
- Meetings ongoing with auditors
- Coming out "virtually" mid-August 14th to 18th
- Trial balance due around end of July
C.
Discuss future monthly reports and dashboard
- Shared monthly package from prior service providers. Will update 4th Sector reports for those metrics.
- Fund balances as a % of expenditures, usually 10%, ours is up to 50% currently. Will be added as a metric
Tabled until Nick is back