Camino Nuevo Charter Academy

Minutes

Finance Committee Meeting

Date and Time

Wednesday November 12, 2025 at 4:00 PM

Location

Home Support Office

Conference Room

3435 W Temple St

Los Angeles, CA 90026

This meeting is open to the public at Home Support Office's Conference Room at 3435 W. Temple St, Los Angeles, CA 90026.

 

The board meeting is also accessible at board member virtual locations via teleconference connection:

 

1818 Colby Ave, Los Angeles, CA 90025

633 W. 5th St. Los Angeles, CA 90071

601 West 5th street, Los Angeles, CA 90071

656 18th St, Manhattan Beach, CA 90266


Requests for disability related modifications or accommodations shall be made 24 hours prior to the meeting to Sandra Herrera by email at Sandra.Herrera@CaminoNuevo.org or by telephone at 818-429-2514.

Members of the public who wish to address the Board may make public comment at any of the meeting locations. Public comments are limited to 2 minutes each. The Board Chair has the discretion to modify the amount of time allotted for public comment if they deem it necessary. Brown Act regulations restrict the Board from discussing or taking action on any subject presented that is not on the agenda. Procedures for public comment can be found at {https://bit.ly/cncapubliccomment}.

 

The CNCA Board can also be contacted via email at cnca.board@caminonuevo.org.

Committee Members Present

D. Gidlow (remote), F. Jimenez (remote), G. Flores (remote), T. Powers (remote)

Committee Members Absent

None

Guests Present

A. Abich (remote), N. Cabrel (remote), S. Herrera (remote), Sonia Oliva (remote)

I. Opening Items

A.

Record Attendance

B.

Call the Meeting to Order

T. Powers called a meeting of the Finance Committee of Camino Nuevo Charter Academy to order on Wednesday Nov 12, 2025 at 4:00 PM.

II. Approve Minutes

A.

Approve September 24, 2025 Committee Meeting Minutes

Minutes to be approved at next meeting as not all members were able to access them.

 

III. Public Comment

A.

Public Comment

No public comment.

IV. Update on Transition to First Bank

A.

Update on Transition to First Bank

Discussed transition of CNCA accounts to First Bank.

V. Wells Fargo Accounts

A.

Wells Fargo Accounts

Committee recommended closing accounts effective end of year.

VI. FY24-25 Financials

A.

September 2025 Financials

Reviewed and discussed September 2025 financials.

VII. Enrollment and ADA Update

A.

Enrollment and ADA Update

Adriana Abich reviewed enrollment and ADA updates for 2025-2026 school year.

VIII. 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 4:50 PM.

Respectfully Submitted,
T. Powers
G. Flores made a motion to adjourn.
D. Gidlow seconded the motion.
The committee VOTED unanimously to approve the motion.