Redesign Schools Louisiana

Minutes

Redesign Schools Louisiana Finance Committee Meeting

Date and Time

Monday July 13, 2020 at 4:30 PM

Location

Via Zoom:  https://zoom.us/j/95652066885?pwd=ZXBiM25aeVM3NXZXNHBXbE9Md0NyUT09

Committee Members Present

A. McGaha (remote), G. Pope (remote), P. Baldwin (remote)

Committee Members Absent

N. Gillam, R. Orso

Guests Present

A. Beck (remote), C. Knotts (remote), M. McNamara (remote), T. Rivera (remote)

I. Opening Items

A.

Record Attendance

B.

Call the Meeting to Order

A. McGaha called a meeting of the Finance Committee of Redesign Schools Louisiana to order on Monday Jul 13, 2020 at 4:45 PM.

II. Finance

A.

Review of the unaudited financials through May 31, 2020

At this time, Ivy Divinity briefed the board on the unaudited financials through May 31, 2020.

Pam Baldwin, Board Member had a few questions:  clarifying schedule 1 and 2 
and the term elimination from the financial statements - Ivy clarified that this is not losing money it's just the way the financials look on paper.  Ashley McGaha, Board Secretary clarified the schedule 1 and schedule 2 for the Board.

B.

2020-2021 Budget Discussion

At this time, Ivy Divinity briefed the Board on the proposed budget.  A balanced budget was displayed.

III. 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 5:32 PM.

Respectfully Submitted,
T. Rivera