Lycee Francais International De La Louisiane
Finance Committee Meeting
Date and Time
Location
Priestly Secondary Campus
1601 Leonidas Street, New Orleans, LA 70118
(504) 620-5500
Pursuant to Louisiana Open Meetings Law - La. R.S. 42:19, notice is hereby given to the members of the Board of Directors of Lycée Français International de la Louisiane and to the general public that the Board will hold a regular, special, or re-scheduled meeting, open to the public as specified below. To ensure compliance with the Open Meeting Law, recipients of this message should not forward it to other Board members, and Board members should not reply to this message.
Link to Zoom Livestream: https://us02web.zoom.us/j/83650032613?pwd=BbILBIzZpHy7RXPD2h8bbf5Lu17cp6.1
Pass: LFIL
Agenda
| Purpose | Presenter | Time | |||
|---|---|---|---|---|---|
| I. | Opening Items | 2:00 PM | |||
| A. | Record Attendance | Jordan Drew | 1 m | ||
| B. | Call the Meeting to Order | Jordan Drew | 1 m | ||
| II. | Reports and Updates | 2:02 PM | |||
| A. | EdOps Financial Report | FYI | Joe Martin | 10 m | |
| B. | Preliminary Lafayette Budget Overview | FYI | Jordan Drew | 5 m | |
|
Presentation of the preliminary budget for the Lafayette campus, including projected revenues and expenses, enrollment and staffing assumptions |
|||||
| C. | Updates on the Annual Financial Audit | FYI | Jordan Drew | 2 m | |
|
Brief update on the status of the annual financial-statement audit and the anticipated timeline for completion. |
|||||
| III. | New Business | 2:19 PM | |||
| A. | Discussion of Cost-Reduction Measures | Discuss | Jordan Drew | 10 m | |
|
Presentation and discussion of cost-reduction measures implemented to date, their financial impact, and additional measures under review. The discussion will distinguish confirmed savings from projected savings and address any effects on services or operations. |
|||||
| B. | Discussion of Revisions to Financial and Fiscal Policies | Discuss | Jordan Drew | 10 m | |
|
Presentation and discussion of proposed revisions to financial and fiscal policies to reflect current organizational roles, purchasing and payment procedures, approval authority and financial oversight, including next steps for committee review and Board consideration. |
|||||
| IV. | Closing Items | 2:39 PM | |||
| A. | Adjourn Meeting | Vote | Jordan Drew | ||