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Yu Ming Charter School

Minutes

Board of Directors Finance Committee Meeting

Date and Time

Friday December 5, 2025 at 3:30 PM

Location

  • In person (CHE Campus): 2501 Chestnut Street, Oakland, CA 94607
  • Zoom Meeting (see info below)
  • Teleconference Location 1 (MLK Campus): 675 41st Street, Oakland, CA 94609
  • Teleconference Location 2 (CAR Campus): 16244 Carolyn Street, San Leandro, CA 94578
  • Teleconference Location 3 (ADE Campus): 1000 42nd Street, Oakland, CA 94608
  • Teleconference Location 4: 845 Calmar Ave, Oakland CA 94610

The Board Finance Committee and employees of the Yu Ming Charter School shall meet in person at the location listed above. Zoom Meeting information is made available for Committee members teleconferencing and members of the public who wish to access the meeting remotely: 

http://tiny.cc/12-05-25-Finance - Meeting ID: 862-8036-4407 - Password: 894521

Dial by your location: (301) 715 8592 (Washington DC), (305) 224 1968, (309) 205 3325, (312) 626 6799 (Chicago), (646) 876 9923 (New York), (646) 931 3860, (507) 473 4847, (564) 217 2000, (669) 444 9171, (669) 900 6833 (San Jose), (689) 278 1000, (719) 359 4580, (253) 205 0468, (253) 215 8782 (Tacoma), (346) 248 7799 (Houston), (360) 209 5623, (386) 347 5053, (408) 638 0968 (San Jose)

Committee Members Present

C. Green (remote), W. Lee, Y. Yeh

Committee Members Absent

L. Chang

Guests Present

B. Badillo (remote), Bryan Cheng, Prospective Committee Member (remote), Chris Chan, Prospective Committee Member, D. Stinfil (remote), E. Wood (remote), M. Andrejko

I. Opening Items

A.

Call the Meeting to Order

Y. Yeh called a meeting of the Finance Committee of Yu Ming Charter School to order on Friday Dec 5, 2025 at 3:42 PM.

B.

Record Attendance and Guests

C.

Approval of Agenda

C. Green made a motion to approve the agenda, with the change that the October financials are moved to the top of the meeting.
W. Lee seconded the motion.
The committee VOTED unanimously to approve the motion.
Roll Call
Y. Yeh
Aye
C. Green
Aye
W. Lee
Aye
L. Chang
Absent

II. Invitation to the Public to Address the Committee

A.

Public Comments

There are no public comments for this item.

III. Consent Agenda

A.

Approval of Consent Agenda

B.

Approval of October 24 Minutes

C. Green made a motion to approve the minutes from Board of Directors Finance Committee Regular Meeting on 10-24-25.
W. Lee seconded the motion.
The committee VOTED unanimously to approve the motion.
Roll Call
L. Chang
Absent
W. Lee
Aye
Y. Yeh
Aye
C. Green
Aye

IV. Items of Business

A.

2025-26 Committee Membership, Description & Goals

These will be shared with the Board next week.

B.

October Financial Report

B. Badillo presented the financial report. We received $289K as a student support and professional development discretionary block grant. 

 

B. Badillo segued into the First Interim report which captures the numbers presented in the October financial report and will be presented to the Board next week. 

C.

LLC Quarterly Report

Tabled to the next meeting.

D.

Facilities & Construction Costs Tracking

Y. Yeh introduced this item. 

E. Wood clarified that construction costs are primarily tied to the loan. Expense tracking is led by Blueprint. E. Wood can share this report with the Committee for transparency and input. The Committee expressed interest in seeing this report, in particular project and funding status and timeline.

 

E.

Revisions of Fiscal Policies

Y. Yeh presented this item, mentioning the need to update the DCOH. Other possible additions include thinking about revenue generation (e.g. scaling the Yu Ming model, leasing facilities in the summer).

 

M. Andrejko will share the fiscal policies and collect possible edits from Committee members.

 

V. Closing Items

A.

Review of Action items and Future Agenda Items

Action Item

  • The Committee description and goals will be shared with the Board next week.

Next meeting

  • LLC Quarterly Report
  • Fiscal Policies Revision
  • Facilities Construction and Cost Tracking

B.

Adjourn Meeting

There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 4:30 PM.

Respectfully Submitted,
Y. Yeh

THE ORDER OF BUSINESS MAY BE CHANGED WITHOUT NOTICE
Notice is hereby given that the order of consideration of matters on this agenda may be changed without prior notice.
REASONABLE LIMITATIONS MAY BE PLACED ON PUBLIC TESTIMONY
Members of the public are welcome to speak on any agenda or non-agenda items so long as the matter pertains to the domain and jurisdiction of the school board. Public testimony on non-agenda items will be heard at the opening of the meeting. Public testimony on agenda items will take place as each item is presented. The Board’s presiding officer reserves the right to impose reasonable time limits on public testimony.
REASONABLE ACCOMMODATION WILL BE PROVIDED FOR ANY INDIVIDUAL WITH A DISABILITY 
Requests for disability-related modifications or accommodations to participate in this public meeting should be made 24 hours prior to the meeting by calling (510) 452-2063 or emailing office@yumingschool.org. All efforts will be made for reasonable accommodations. The agenda and public documents can be modified upon request as required by Section 202 of the Americans with Disabilities Act.
FOR MORE INFORMATION 
A copy of the written materials which will be submitted to the Board may be reviewed by any interested persons on the Yu Ming Charter School’s website along with this agenda following the posting of the agenda at least 72 hours in advance of this meeting.
For more information concerning this agenda or to receive access to materials relating to this meeting, please contact Yu Ming Charter School at (510) 452-2063 or office@yumingschool.org.