Alma del Mar
Finance Committee
Date and Time
Christine Fisher is inviting you to a scheduled Zoom meeting.
Join Zoom Meeting
https://us02web.zoom.us/j/87867357116?pwd=ZO0eooil5ghewtaeaMAQ9ss3Z8PRnx.1
Meeting ID: 878 6735 7116
Passcode: 146645
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Agenda
| Purpose | Presenter | Time | |||
|---|---|---|---|---|---|
| I. | Opening Items | 9:00 AM | |||
| A. | Record Attendance | Charles Holley | 1 m | ||
| B. | Call the Meeting to Order | Charles Holley | |||
| C. | Approve Minutes | Approve Minutes | Charles Holley | 1 m | |
| Approve minutes for Finance Committee on September 18, 2025 | |||||
| II. | Finance | 9:02 AM | |||
| A. | FY25 Audit Presentation | Vote | Charles Holley | 10 m | |
|
Daniel Dennis & Co. will be presenting the FY25 Audit Exit presentation.
Kris Lane - Partner Renilda Fontes - Senior |
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| III. | Other Business | 9:12 AM | |||
| A. | FY26 Q1 Financials | FYI | Christine Fisher | 5 m | |
|
Q1 Budget vs. Actuals are in good shape with no changes to the forecast.
Notes: Salaries and fringe will be adjusted at end of Q2. 5132 Contr Serv - Business & Finance - Q1 actuals include audit fee 5142 Contr Serv - Human Resources - tracking high due to initial payroll setup and new employee onboarding 5183 Travel, Dues & Other Exp -Admin - FY26 annual charter dues paid in Q1 5213 · Contr Serv -Instructional Leader - Contracted COO, funded with Chief of Staff unfilled position 5264 · General Supplies-Instructional - Bulk orders at start of school year 5268 · Instructional Software - most annual subscriptions paid in Q1 5530 Insurance (non-employee) - Annual liability insurance premium paid in Q1
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| B. | CIBC Update | Priscilla Ditchfield | 5 m | ||
|
P. Ditchfield will update committee on Foundation's discussion and next steps. |
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| IV. | Closing Items | 9:22 AM | |||
| A. | Adjourn Meeting | Vote | Charles Holley | ||