Great Oaks Charter School - Bridgeport

GOBPT February Monthly Finance Committee Meeting

Published on February 5, 2023 at 7:04 AM EST
Amended on February 6, 2023 at 10:20 AM EST

Date and Time

Monday February 6, 2023 at 1:00 PM EST

Location

Great Oaks Charter School - Bridgeport

375 Howard Avenue

Bridgeport, CT 06605

Agenda

Section Number Topic Number Details Purpose Presenter Time
I. Opening Items 1:00 PM
  A. Record Attendance   Corey Sneed 1 m
  B. Call the Meeting to Order   Corey Sneed 2 m
II. Financial Overview/Administrative 1:03 PM
  A. Current Cash Position FYI Benjamin Chan 15 m
   

 

  • Checking: $1,073,430
  • Food Service: $57,792
  • Reserve: $244,260

Total: $1,375,482

Credit card balance: #3,757

 

 
III. Financial Review 1:18 PM
  A. January Dashboard & Financials FYI Benjamin Chan 10 m
  B. January Credit Card Statement FYI Benjamin Chan 5 m
  C. YTD federal grant cash availability 5 m
IV. Additional Items 1:38 PM
  A. Additional Items FYI Benjamin Chan 15 m
   

 

• Tracking vendor invoices

• Audit step-back: areas of ongoing focus re financial impact

• Energy-use/rate audit as costs increase

• Vendors: new & $5k+

• Interest earning cash account (Corey)

 
  B. Recurring FYI Benjamin Chan 5 m
   

Reserve/Account funding to resume

 
V. Closing Items 1:58 PM
  A. Adjourn Meeting Vote Bob Carlson 2 m