Final

Great Oaks Charter School - Bridgeport

GOBPT May Monthly Finance Committee Meeting

Published on May 5, 2023 at 8:09 AM EDT
Amended on May 8, 2023 at 9:02 AM EDT

Date and Time

Monday May 8, 2023 at 1:00 PM EDT

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
  C. Approve March Finance Meeting Minutes Approve Minutes Corey Sneed 2 m
     
II. FY 24 Budget & 5 yr. Projection 1:05 PM
  A. Review of FY 24 budget and 5 yr. projection Discuss John Scalice 20 m
III. Financial Overview/Administrative 1:25 PM
  A. Current Cash Position FYI Benjamin Chan 10 m
   

 

  • Checking: $895,682
  • Food Service: $6,375
  • Reserve: $44,260

Total:$946,317

Credit card balance:$1,348 balance      

 

  
IV. Financial Review 1:35 PM
  A. April Dashboard & Financials FYI Benjamin Chan 5 m
  B. April Credit Card Statement FYI Benjamin Chan 3 m
  C. YTD federal grant cash availability 2 m
V. Additional Items 1:45 PM
  A. Additional Items FYI Benjamin Chan 10 m
   

 

  • Employee Retention Credit – engagement letter
  • 990 for Board approval
  • FY24 Budget for approval
  • 5 year forecast
  • Energy-use/rate audit as costs increase: Energize CT
  • Year-end state per pupil analysis with auditor
  • Vendors: new vendors & larger purchase requests

 

  
  B. Recurring FYI Benjamin Chan 2 m
VI. Closing Items 1:57 PM
  A. Adjourn Meeting Vote Bob Carlson 5 m