Élan Academy Charter School
Minutes
Finance Committee Meeting
Date and Time
Wednesday November 29, 2023 at 4:30 PM
Location
6501 Berkley Drive, New Orleans, LA 70131; (504) 619-9720; www.elanacademy.org
6501 Berkley Drive, New Orleans, LA 70131; (504) 619-9720; www.elanacademy.org
The matters listed are those reasonably anticipated by the Chair to be discussed at the meeting. Not all items listed may, in fact, be discussed. Other items not listed may be brought up for discussion to the extent permitted by law. All agenda items are informational unless otherwise denoted, though all committee reports require a vote for acceptance. The meeting will be held on the campus of the school.
Committee Members Present
D. Patin, J. Thibodeaux
Committee Members Absent
None
Guests Present
Kevin Cox
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
C.
Approve Minutes
II. Finance Committee
A.
FYE 2024 YTD Overview
B.
FYE 2023 Audit Update
Kevin Cox reported on the status of the FYE 2023 Audit and AUP engagements. Engagements are moving along and should be finished well in advance of reporting deadline. No issues are anticipated.
Kevin Cox discussed current year to date financials. Still waiting to receive significant amount of accounts receivable, but considered fully collectible. Current forecast of 1.4 million in net surplus. Financial dashboard ratios are satisfactory and in line with NOLA-PS standards.