KIPP SoCal Public Schools
KIPP SoCal Public Schools Finance Committee Meeting
(MEETING CANCELED DUE TO LACK OF QUORUM)
Date and Time
Thursday May 22, 2025 at 1:00 PM PDT
Location
1933 S. Broadway STE #1144, Los Angeles, CA, 90007
UPDATE as of 11:10am on May 22, 2025: This meeting has been canceled due to lack of quorum.
Agenda
| Purpose | Presenter | Time | |||
|---|---|---|---|---|---|
| I. | Opening Items | 1:00 PM | |||
| A. | Record Attendance | Naeem Arastu | 2 m | ||
| B. | Call the Meeting to Order | Naeem Arastu | |||
| II. | Public Comment | 1:02 PM | |||
| A. | Public Comment: Agenda & Non-Agenda Items | Discuss | Naeem Arastu | 10 m | |
|
Members of the public are allowed 2 minutes each for public comment |
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| III. | Minutes | 1:12 PM | |||
| A. | Minutes from Finance Committee Meeting on March 12, 2025 | Approve Minutes | Naeem Arastu | 3 m | |
|
Approve the Minutes from the Finance Committee Meeting on March 12, 2025 |
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| IV. | Financial Update | 1:15 PM | |||
| A. | KIPP SoCal FY25 YTD Results | Discuss | Dennis Chao | 20 m | |
|
Management will provide an overview of the financial results through Q3 for Fiscal Year 2024-25. |
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| V. | FY2025-26 Budget Development | 1:35 PM | |||
| A. | FY2025-26 Budget | Discuss | Dennis Chao | 25 m | |
|
Management will give an update of the FY2025-26 budgeting process |
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| VI. | KIPP SoCal Finance Committee Strategic Update | 2:00 PM | |||
| A. | Financing Updates | Discuss | Kyle Salyer | 10 m | |
|
Management will provide an overview of future refinancing for KIPP SoCal and KLARE Holding. |
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| B. | Other Strategic Issues | Discuss | Kyle Salyer | 20 m | |
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KIPP SoCal management will provide an update on other strategic issues and potential risks the organization is managing |
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| VII. | Closing Items | 2:30 PM | |||
| A. | Adjourn Meeting | FYI | Naeem Arastu | ||