Navigator Schools
Minutes
Finance Committee
Date and Time
Wednesday February 16, 2022 at 2:00 PM
Location
Zoom (see Google Calendar)
This meeting will be held in compliance with modified Brown Act requirements as outlined in Executive Order N-25-20. An archive of board meeting minutes is available for public view at the Navigator Schools, 650 San Benito Street, Suite 230, Hollister CA 95023.
Individuals in need of a disability-related accommodation, modification, or auxiliary aid/service, should direct requests via e-mail to Sean Martin, Executive Assistant to the CEO.
Committee Members Present
JP Anderson (remote), Victor Paredes-Colonia (remote)
Committee Members Absent
None
Guests Present
Ami Ortiz (remote), Kevin Sved (remote), Sean Martin (remote)
I. Opening Items
A.
Record Attendance and Guests
B.
Call the Meeting to Order
C.
Approve Minutes from Previous Meeting
| Roll Call | |
|---|---|
| JP Anderson |
Aye
|
| Victor Paredes-Colonia |
Aye
|
II. Business and Finance
A.
Financials
B.
2020-21 Audit Report
The committee chair congratulated A. Ortiz on the success of the audit. Members reviewed the audit process, and the chair recommended the development of process documents to sustain organizational knowledge.
C.
2022-23 Budget Projections
A. Ortiz presented preliminary budget projections and answered clarifying questions. The committee discussed fundraising and grants, as well as budgeting related to a potential merger with Hayward Collegiate Charter School. K. Sved reviewed options concerning the management and distribution of Special Education funding.
III. Closing Items
A.
Adjourn Meeting
| Roll Call | |
|---|---|
| JP Anderson |
Aye
|
| Victor Paredes-Colonia |
Aye
|
A. Ortiz presented financials and elicited questions from committee members. Participants discussed preferences for contents of future reports and alignment of components to annual audits. The committee reviewed revenues, expenditures, cash balances, and average daily attendance numbers.