Pharos Academy Charter School
Minutes
Pharos Academy Charter School Finance Committee Meeting
Date and Time
Monday September 16, 2024 at 5:30 PM
Location
Committee Members Present
J. Lopez-Molina (remote), K. Shah (remote), P. Wesonga (remote)
Committee Members Absent
G. Garcia, R. Granado
Guests Present
C. Russell (remote), M. Dorsey (remote), S. Rasheed (remote)
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
K. Shah called a meeting of the Finance Committee of Pharos Academy Charter School to order on Monday Sep 16, 2024 at 5:30 PM.
C.
Approve Minutes
II. Other Business
A.
Items Over 50K
III. Finance
A.
Monthly Financials
4th Sector Solution reviewed the monthly financials, including but not limited to Days Cash on Hand, debt to asset ratio, etc. All metrics are on track and the school remains fiscally sound.
IV. Investment Accounts
A.
Investments
N/A for September
V. 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 6:00 PM.
Respectfully Submitted,
C. Russell
There are no items over 50K