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

The committee VOTED to approve the motion.
Roll Call
C. Marie
Absent
A. Langone
Aye
S. Lapolice
Aye
M. Montero
Aye
P. Kkayego
Aye
L. Velez
Absent

II. Finance

A.

Financial Statements

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. 

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