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Pharos Academy Charter School

Pharos Academy Charter School Finance Committee Meeting

Date and Time

Tuesday September 19, 2023 at 5:00 PM EDT

Location

https://bronxlighthouse.zoom.us/j/5239033349

Agenda

Section Number Topic Number Details Purpose Presenter Time
I. Opening Items 5:00 PM
  A. Record Attendance   Courtney Russell 1 m
  B. Call the Meeting to Order   Keyur Shah 1 m
  C. Approve Minutes Approve Minutes Keyur Shah 1 m
   
  • Approve previous month's minutes
  
    Approve minutes for Pharos Academy Charter School Finance Committee Meeting on August 15, 2023  
II. Other Business 5:03 PM
  A. Items Over 50K Discuss Courtney Russell 5 m
   
 
  B. Credit Card Limit/CC Authorization/FPP Discuss Courtney Russell 10 m
   
  • Current credit card limit of 10K
  • Industry standard for NYC charters/recommendation - 50K
  • Credit card authorization - preapprovals - 2K
    • Every transaction will be approved

 

  
III. Finance 5:18 PM
  A. Monthly Financials Discuss Shahzada Rasheed 10 m
IV. Investment Accounts 5:28 PM
  A. Investments Discuss Shahzada Rasheed
   
  • Next update - October 2023
  
V. Closing Items 5:28 PM
  A. Adjourn Meeting FYI Keyur Shah 1 m