KIPP SoCal Public Schools

Finance Committee Meeting

Date and Time

Wednesday March 1, 2023 at 2:30 PM PST

Location

1933 S. Broadway, LA, CA, 90007

Agenda

Section Number Topic Number Details Purpose Presenter Time
I. Opening Items 2:30 PM
  A. Record Attendance   EJ Kavounas 2 m
  B. Call the Meeting to Order   EJ Kavounas
II. Public Comment 2:32 PM
  A. Public Comment: Agenda & Non-Agenda Items Discuss EJ Kavounas 10 m
   

Members of the public are allows 2 minutes each for public comment

 
III. Financial Update 2:42 PM
  A. KIPP SoCal FY23 Q2 YTD Results Discuss Dhaval Prajapati 15 m
   

Management will provide an overview of the organization's financial results through the 2nd quarter.

 
IV. FY2023-24 Budget Preview 2:57 PM
  A. FY2023-24 KIPP SoCal Public Schools Budget Preview Discuss Kyle Salyer 30 m
   

Management will provide a preview of the FY2023-24 budget, including an overview of the proposals from the Governor's January budget proposal, enrollment projections, and other assumption impacting the budget.

 
V. Real Estate Financing 3:27 PM
  A. Real Estate Financing Update and Discussion Discuss Kyle Salyer 25 m
   

An update will be provided on our real estate financing, including a discussion of the 2020 bond proceeds repurposing and a discussion on potential sources of financing for the real estate project to benefit KIPP Comienza Community Prep. 

 
  B. Policy Updates Discuss Kyle Salyer 5 m
   

Management will present a recommendation to our fiscal policies regarding donations from KIPP SoCal Public Schools' School Success Team and the LEAs under its management.

 
VI. Closing Items 3:57 PM
  A. Adjourn Meeting FYI EJ Kavounas 3 m