Libertas Academy Charter School
Minutes
Finance Committee Meeting
Date and Time
Monday February 22, 2021 at 1:00 PM
Location
Zoom Meeting
https://us04web.zoom.us/j/5069946767?pwd=QXEvbzlHb0tYZWE4VHl6MCtrVFlGUT09
Meeting ID: 506 994 6767
Password: 12345
https://us04web.zoom.us/j/5069946767?pwd=QXEvbzlHb0tYZWE4VHl6MCtrVFlGUT09
Meeting ID: 506 994 6767
Password: 12345
Committee Members Present
A. Surrette (remote), J. Hernandez (remote), M. Montero
Committee Members Absent
H. Zavala
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
A. Surrette called a meeting of the Finance Committee of Libertas Academy Charter School to order on Monday Feb 22, 2021 at 1:03 PM.
C.
Approve Minutes
A. Surrette made a motion to approve the minutes from Finance Committee Meeting on 12-10-20.
M. Montero seconded the motion.
The committee VOTED to approve the motion.
II. Executive Director School Update
A.
ED School Update
High School planning on track. Curriculum development & facilities planning going well and on track
Talent recruitment - bringing on a Talent Manager to support with recruitment efforts.
Reopen plans in phases after Spring Break.
III. Finance
A.
DESE Dashboard
Six out of 5 metrics tracked are low risk.
1 metric tracking medium risk.
No major concerns with overall financials at this time.
B.
SNP
School is currently in good standings. No ongoing concerns.
C.
School P&L Summary Statement
Expenses leveling off. School still projecting balanced budget at end of school year.
IV. Closing Items
A.
Adjourn Meeting
There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 1:20 PM.
Respectfully Submitted,
M. Montero