El Camino Real Charter High School

Finance and Investment Committee Meeting

Date and Time

Thursday August 18, 2022 at 5:00 PM PDT

Location

Virtual 

The Finance and Investment 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).
 

ATTENTION:


WE HAVE RETURNED TO "VIRTUAL" FINANCE AND INVESTMENT COMMITTEE MEETINGS

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

VIRTUAL BOARD MEETING

The meeting of the Board of Directors will take place via a virtual/teleconferencing environment based on the following: 

 

1. California Assembly Bill 361, signed into law on September 16, 2021; 

2. Governor Newsom's State of Emergency Declaration issued on March 4, 2020; and 

3. County of Los Angeles Department of Public Health's recommendation that social distancing be maintained in schools. 


To join this virtual Board meeting, please register through GoToWebinar at:

 

Registration URL: https://attendee.gotowebinar.com/register/6634799933233570317

 

Webinar ID: 803-840-523

 

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, you may do so by clicking the "Raise Hand" icon on the control panel while in virtual attendance.  
 

In order to conduct an orderly meeting, all members of the public will be placed on mute during the virtual Board meeting, except when making a public comment.  Please note that those who elect to participate in the meeting through the call-in phone number will not have the option of being unmuted to speak during the public comments portion of the meeting.
 

Due to public meeting laws, the Board can only listen to your issue, not respond or take action during the Public Comments periods.  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.  

 

NOTE: Public Comments, effective with the March 24th, 2022, Regular Board Meeting, are limited to two (2) 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 may 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

Section Number Topic Number Details
I. Opening Items
 
Opening Items
  A. Call the Meeting to Order
  B. Record Attendance and Guests
  C. Pledge of Allegiance to the United States of America (USA)
   

Mr. Hussey will lead meeting participants in the Pledge of Allegiance to the United States of America (USA).

  D. Public Comments
II. Consent
  A. Approve Minutes of June 16, 2022, Finance and Investment Committee Meeting
    Minutes for Finance and Investment Committee on June 16, 2022
III. Investment
  A. Investment Update 2nd Quarter 2022
   

Mike Breller, Financial Advisor of Beacon Pointe, will provide the Investment Update for the 2nd Quarter of 2022.

   
   
  B. Discussion and Vote on OPEB Account Actuary Review as of 6/30/22
   

Prior to the vote, Mr. Brett Schwab, Actuary, will present the Actuary Review.

   
  C. Discussion and Vote on Addition of Certificated Trustee to OPEB Investment Account
   

Prior to a vote, Mr. Hussey, Executive Director, and Mr. Wood, CBO, will lead a discussion on the addition of a certificated trustee to the OPEB Investment Account. 

IV. Finance
  A. Discussion and Vote on 2022-2023 On Schedule 3% Salary Increase Due to Increase in LCFF Funding
   

Prior to the Vote, Mr. Hussey, Executive Director, and Mr. Wood, CBO, will lead a discussion on the proposed 2022-2023 on schedule 3% Salary Increase due to an increase in Local Control Funding Formula (LCFF) funding received.  

   
  B. Review and Approval of June 2022 and July 2022 Check Registers
   

Prior to the Vote to Approve, Mr. Wood will review the June 2022 and July 2022 check registers from ECRA's City National Bank. Accounts.

 

ACTION ITEM:  motion to recommend to the Board approval of the June 2022 and July 2022 Check Registers.

   
   
   
   
  C. Discussion and Vote on 2022-2023 Proposition 30 Budget
   

Prior to the vote, Mr. Wood, CBO, will lead a discussion on the 2022-2023 Proposition 30 Budget.

   
V. Closing Items
  A. Adjourn Meeting