KIPP SoCal Public Schools
KIPP SoCal Public Schools Finance Committee
Date and Time
Wednesday September 18, 2024 at 2:00 PM PDT
Location
Agenda
| Purpose | Presenter | Time | |||
|---|---|---|---|---|---|
| I. | Opening Items | 2:00 PM | |||
| A. | Record Attendance | Naeem Arastu | 2 m | ||
| B. | Call the Meeting to Order | Naeem Arastu | |||
| II. | Public Comment | 2:02 PM | |||
| A. | Public Comment: Agenda & Non-Agenda Items | Discuss | Naeem Arastu | 10 m | |
|
Members of the public are allows 2 minutes each for public comment |
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| III. | Minutes | 2:12 PM | |||
| A. | Minutes from Finance Committee Meeting on June 5, 2024 | Approve Minutes | Naeem Arastu | 3 m | |
|
Approve the Minutes from the Finance Committee Meeting on June 5, 2024 |
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| IV. | Financial Update | 2:15 PM | |||
| A. | KIPP SoCal FY24 Preliminary Results | Discuss | Dennis Chao | 20 m | |
|
Management will provide an overview of the preliminary financial results for Fiscal Year 2023-24. |
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| B. | KIPP SoCal FY2024-25 Budget Outlook | Discuss | Kyle Salyer | 30 m | |
|
Management will provide an update on the budget outlook for FY2024-25 |
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| V. | Financing Update | 3:05 PM | |||
| A. | Refinancing Updates | Discuss | Kyle Salyer | 15 m | |
|
Management will provide an overview of the expected refinancing of the New Market Tax Credit loan for KIPP Endeavor's facility and a potential refinancing of the KIPP SoCal 2014 bonds. |
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| VI. | Real Estate | 3:20 PM | |||
| A. | Real Estate Dispositions | Discuss | Kyle Salyer | 10 m | |
|
Management will provide an update on KLARE Holdings' sale of property |
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| VII. | Closing Items | 3:30 PM | |||
| A. | Adjourn Meeting | FYI | Naeem Arastu | ||