Veritas Preparatory Charter School
Finance Committee Meeting
Date and Time
Location
Veritas Prep Charter School 1st Floor Conference Room or Dial-In Number: 866-848-2216, Conference Code: 7783935205, Leader Code: 2356
ID: 82384629673
Passcode: 966439
Passcode: 966439
Agenda
| Purpose | Presenter | Time | |||
|---|---|---|---|---|---|
| I. | Opening Items | 4:00 PM | |||
| A. | Record Attendance | 1 m | |||
| B. | Call the Meeting to Order | ||||
| C. | Approve Minutes (1) | Approve Minutes | Denise Ford | 1 m | |
| D. | Approve Minutes (2) | Approve Minutes | 1 m | ||
| II. | Finance | 4:03 PM | |||
| A. | Committee Goal Setting for FY26 | Discuss | Denise Ford | 30 m | |
|
The committee will review the Board’s strategic priorities and collaborate to develop Finance Committee goals for the year. These goals will align with the broader strategic plan and guide the committee’s focus on financial oversight, sustainability, and resource allocation throughout the year. |
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| B. | Monthly Financial Reports | Discuss | Lynne Goncalves | 10 m | |
| C. | Audit Highlights | Discuss | Lynne Goncalves | 10 m | |
|
The committee will receive an update on the upcoming audit process, including timelines, areas of focus, and any preliminary findings. This discussion will prepare trustees to anticipate next steps and ensure full compliance with state and federal requirements.
The committee will discuss extending the September meeting to allow sufficient time for the audit review with the auditors. |
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| D. | FY25 Year-End Financial Update | FYI | Lynne Goncalves | 5 m | |
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The committee will review how the organization closed out the fiscal year ending June 30, 2025. This will include an overview of final revenues, expenses, and surplus/deficit position, as well as implications for FY26 planning. |
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| III. | Other Business | ||||
| IV. | Closing Items | ||||
| A. | Adjourn Meeting | Vote | |||