El Camino Real Charter High School

Finance and Investment Committee Meeting

Date and Time

Thursday January 20, 2022 at 4:30 PM PST

Location

Virtual Committee Meeting 

The Finance Committee is a standing committee of the Board of Directors of El Camino Real Alliance.

For committee meeting materials, please go to the school's main office, or call (818) 595-7500. Some board meeting materials are also posted in the school's website (https://ecrchs.net - click the ECR Board tab).

VIRTUAL COMMITTEE MEETING

In accordance with Governor Newsom's Executive Order N-29-20, the meeting of the Finance Committee will take place via a virtual/teleconferencing environment. 

To join the virtual Committee meeting, please register through GoToWebinar via the following link:

 

Webinar ID: 555-878-947

 

You must register for the event (note you do not need to enter your legal name to participate).  Once registered, you can attend the meeting through the online link, or by telephone (a call-in number and audio PIN will be provided after you register and prior to the meeting). 

PUBLIC COMMENTS

If you would like to make a public comment during the Public Comment section or during an agenda item, you may do so in two ways:  (1) click the "Raise Hand" icon on the control panel; or (2) email your comment to comment@ecrchs.net and your comment will be read on the record.  

 

IMPORTANT NOTE REGARDING SENDING IN A WRITTEN COMMENT: 

 

For anyone who wishes to send in a written comment to be read during Public Comments, you are strongly encouraged to email your comment to the aforementioned email address at least one (1) hour prior to the Official Board Meeting start time (e.g., by no later than 3:30 p.m. for a 4:30 p.m. Board Meeting start time).  Otherwise, there is no guarantee that your comment will be viewed and read during Public Comments.  If your written comment is received and is expected to be read on the record, your name and title/role will also be read on the record.  If you wish to not have your name read on the record, please indicate so in your email.

Please note that, in order to conduct an orderly meeting, all members of the public will be placed on mute during the Board meeting, except during public comments.  Note that for those who elect to participate through the call-in number, you will not have the option of being unmuted during the meeting.

The Public Comments agenda item is set aside for members of the audience to raise issues that are not specifically on the agenda. However, due to public meeting laws, the Board can only listen to your issue, not respond or take action.  The Board may give direction to staff to respond to your concern or you may be offered the option of returning with a citizen-requested item.  These presentations are limited to three (3) minutes and total time allotted to non-agenda items will not exceed thirty (30) minutes.  A member of the public who requires the use of a translator, in order to receive the same opportunity as others to directly address the Board, shall have twice the allotted time to speak.  When addressing the Board, speakers are requested to adhere to the time limits set forth.  In order to maintain allotted time limits, the Board Chair may modify speaker time allocations or the total amount of allotted time for an item.

Consent Agenda:  All matters listed under the consent agenda are considered by the Board to be routine and will be approved/enacted by the Board in one motion in the form listed below.  Unless specifically requested by a Board member for further discussion or removed from the agenda, there will be no discussion of these items prior to the Board votes on them.  The Executive Director recommends approval of all consent agenda items.

In compliance with the Americans with Disabilities Act (ADA) and upon request, El Camino Real Alliance may furnish reasonable auxiliary aids and services to qualified individuals with disabilities. Requests for disability related modifications or accommodations shall be made 24 hours prior to the meeting to David Hussey, in person, by email at comment@ecrchs.net, or by calling (818) 595-7500.

Agenda

      Purpose Presenter Time
I. Opening Items 4:30 PM
 
Opening Items
 
  A. Call the Meeting to Order   Danielle Malconian 1 m
  B. Record Attendance and Guests   Kurt Lowry 1 m
  C. Pledge of Allegiance David Hussey 1 m
   
Mr. Hussey will lead meeting participants in the Pledge of Allegiance.
 
  D. Public Comments Discuss Danielle Malconian 15 m
II. Consent 4:48 PM
  A. Approve Minutes of October 19, 2021, Finance and Investment Committee Meeting Approve Minutes Danielle Malconian 1 m
    Minutes for Finance and Investment Committee Meeting on October 19, 2021  
III. Investment 4:49 PM
  A. Investment Update Discuss Gregory Wood 10 m
   
Gregory Wood, CBO, will provide an update on ECR's investments.
 
     
IV. Finance 4:59 PM
  A. December 2021 Financial Update Discuss John Arndt of ICON School Management 10 m
   
Discuss December 2021 Financial Update.
 
     
  B. Review of December 2021 Check Registers Vote Gregory Wood 10 m
   
Review of December 2021 check registers for the City National Bank Accounts.

 

ACTION ITEM:  motion to recommend to the Board approval of the December 2021 Check Registers.
 
     
     
     
     
  C. Review of December 2021 Credit Card Bills Vote Gregory Wood 10 m
   
Review the credit card charges for December 2021.
ACTION ITEM:  motion to recommend to the Board approval of the December 2021 credit card bills.
 
     
     
V. School Business 5:29 PM
  A. Average Daily Attendance (ADA) Update Discuss Gregory Wood 5 m
   
Gregory Wood, CBO, will provide an update on the school's ADA.
 
  B. Discussion and Vote on Closure of Paycheck Protection Program (PPP) Bank Account Vote Gregory Wood 5 m
   
The Committee will discuss and vote on whether or not to close the Paycheck Protection Program (PPP) Bank Account.
 
  C. 2022-2023 Budget Planning Discuss Gregory Wood 10 m
   
Gregory Wood, CBO, will lead a discussion on 2022-2023 Budget Planning.
 
     
  D. Discussion on Allocation of Unrestricted Funds from Net Assets Balance to Designated Capital Projects Purpose(s) Discuss D. Malconian/G. Wood 10 m
   
Danielle Malconian, Chair, Finance and Investment Committee, and Gregory Wood, CBO, will lead a discussion on the Allocation of Unrestricted Funds from Net Assets Balance to Designated Capital Projects Purpose(s).
 
VI. Closing Items 5:59 PM
  A. Adjourn Meeting Vote Danielle Malconian 1 m