Camino Nuevo Charter Academy
Minutes
Finance Committee Meeting
Date and Time
Monday June 3, 2024 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:
601 West 5th street, Los Angeles, CA 90071
1818 Colby Ave, Los Angeles, CA 90025
115 W Allen Ave, San Dimas, CA 91773
33 W. 5th St. Los Angeles, CA 90071
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.
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), J. Ortega (remote)
Committee Members Absent
T. Powers
Guests Present
A. Abich (remote), N. Cabrel (remote), S. Herrera (remote)
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
II. Approve Minutes
A.
March 12, 2024 Minutes
III. Public Comment
A.
Public Comment
IV. FY23-24 Financials
A.
March 2024 Financials
March financials were reviewed, N/I is better the budget by $734K largely attributed to timing of expenses for the walkway project.
CNCA April financials were just completed and will be shared are the regular board meeting.
B.
CNCA Investment Policy
The committee begun a general discussion of a frame up to establish an investment policy for CNCA. An ad hoc group will be formed to begin gathering resources to provide the board with guidance on setting up an investment policy.
C.
24-25 Budget
An initial review of the CNCA 24-25 budget was shared by EXED.
There was no public comment.