Libertas Academy Charter School
Minutes
Monthly Finance Committee Meeting
Date and Time
Thursday September 15, 2022 at 5:30 PM
Location
Join Zoom Meeting
https://us04web.zoom.us/j/5069946767?pwd=QXEvbzlHb0tYZWE4VHl6MCtrVFlGUT09
Meeting ID: 506 994 6767
Password: 12345
Committee Members Present
A. Langone, M. Montero, P. Kkayego, S. Lapolice
Committee Members Absent
C. Marie, L. Velez
Guests Present
K. Frett
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
P. Kkayego called a meeting of the Finance Committee of Libertas Academy Charter School to order on Thursday Sep 15, 2022 at 5:35 PM.
C.
Approve Minutes
S. Lapolice made a motion to approve the minutes from Monthly Finance Committee Meeting on 08-11-22.
P. Kkayego seconded the motion.
None
| Roll Call | |
|---|---|
| P. Kkayego |
Aye
|
| L. Velez |
Absent
|
| M. Montero |
Aye
|
| C. Marie |
Absent
|
| A. Langone |
Aye
|
| S. Lapolice |
Aye
|
II. Finance
A.
Financial Statements
III. 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 6:05 PM.
Respectfully Submitted,
P. Kkayego
Strong financial performance in general with a good current ratio, favorable tuition percentage, a balance sheet showing a strong asset position and a strong positive net position.
A material change was presented in the SNP tap, and adjusted before the vote.