Navigator Schools

Minutes

Finance Committee

Date and Time

Thursday June 9, 2022 at 4:00 PM

Location

Zoom

This meeting will be held in compliance with modified Brown Act requirements as outlined in Executive Order N-25-20.

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.

 

Zoom Meeting ID: 940 7205 8366

Zoom Meeting Passcode: 680056

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

Victor Paredes-Colonia called a meeting of the Finance Committee of Navigator Schools to order on Thursday Jun 9, 2022 at 4:06 PM.

C.

Approve Minutes from Previous Meeting

Victor Paredes-Colonia made a motion to approve the minutes from Finance Committee on 04-18-22.
JP Anderson seconded the motion.
The committee VOTED unanimously to approve the motion.
Roll Call
JP Anderson
Aye
Victor Paredes-Colonia
Aye

II. Business and Finance

A.

Proposed 2022-23 Budget and Multi-Year Projections

A. Ortiz highlighted recent changes to the proposed budget, including the addition of a second transitional kindergarten class at Watsonville Prep School. She noted that this was the first instance of including Hayward Collegiate in budget documents due to the recent merger. Members asked clarifying questions about budget issues, including topics relating to Hayward Collegiate facilities, charter management fees, and current economic conditions in the state.

B.

2022-23 LCAP and LCAP Annual Update

A. Ortiz noted that the LCAPs for all schools were largely the same except for academic performance measures relating to state summative assessments (Watsonville Prep does not have two years of SBAC results due to the COVID-19 pandemic). She also mentioned a delay at the state level relating to the posting of results for this year's SBAC.

C.

STRS Agreements

A. Ortiz explained that two of the counties in which Navigator Schools are located require annual board approval of state teacher retirement agreements. She reviewed annual fees related to these agreements.

III. Closing Items

A.

Adjourn Meeting

JP Anderson made a motion to adjourn.
Victor Paredes-Colonia seconded the motion.
The committee VOTED unanimously to approve the motion.
Roll Call
JP Anderson
Aye
Victor Paredes-Colonia
Aye
There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 4:25 PM.

Respectfully Submitted,
Sean Martin