Ceiba College Preparatory Academy
Minutes
Finance Committee Meeting
Date and Time
Tuesday October 2, 2018 at 4:00 PM
Location
260 W. Riverside Drive, Watsonville
Committee Members Present
A. Millar, D. Ornelas, G. Davis (remote), J. Ripp, M. Navas (remote), M. Wall
Committee Members Absent
i. Brunetti
I. Opening Items
A.
Record Attendance and Guests
B.
Call the Meeting to Order
G. Davis called a meeting of the Finance Committee of Ceiba College Preparatory Academy to order on Tuesday Oct 2, 2018 at 4:00 PM.
C.
Public Comment
No public comments were made.
D.
Approve Agenda
E.
Approval of Minutes
Minutes from the previous meeting were not provided.
II. 18/19 Budget
A.
Fiscal Policies
There was no discussion on Fiscal Policies.
B.
Process for Budget Reductions
Staff is working on getting clarification from DMS regarding the need for budget reductions including the amount to reduce and when.
III. 260 W. Riverside Building Update
A.
Building Projects
A discussion on preparing for winter rains and for repairing the building was held.
IV. 18/19 Budget Monitoring
A.
Review Current Financials
The draft monthly update from DMS was available for review.
V. Closing Items
A.
Planning
There was a brief discussion about reporting to the Board at the October meeting.
B.
Adjourn Meeting
There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 5:45 PM.
Respectfully Submitted,
A. Millar
VI. Foundation Update
A.
18/19 Foundation Budget and Priorities
The Foundation was not discussed.