Finance Committee Regular (Virtual) Meeting Minutes

September 22, 2020, 2:00-3:00 PM

Yu Ming Charter School

Minutes

Finance Committee Regular (Virtual) Meeting

Date and Time

Tuesday September 22, 2020 at 2:00 PM

This meeting will be by teleconference pursuant to Executive Orders N-25-20 and N-29-20.

The Board of Directors (“Board”) and employees of the Yu Ming Charter School shall meet via the Zoom meeting platform. Members of the public who wish to access this Board meeting may do so at:
https://yumingschool.zoom.us/j/87842169351?pwd=OVdpUnlrRjNMNi91c2x0N1RCMWhvZz09
Meeting ID: 878 4216 9351 Passcode: Vt4uTx
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Committee Members Present

B. Badillo (remote), J. Norman (remote), R. De Walque (remote), S. Park (remote)

Committee Members Absent

None

Guests Present

E. Wood (remote), M. Andrejko (remote)

I. Opening Items

A. Call the Meeting to Order

J. Norman called a meeting of the Finance Committee of Yu Ming Charter School to order on Tuesday Sep 22, 2020 at 2:04 PM.

B. Record Attendance and Guests

C. Approval of Agenda

B. Badillo made a motion to approve the agenda with 3B removed.

S. Park seconded the motion.

The committee VOTED unanimously to approve the motion.

Roll Call
E. Wood	Abstain
M. Andrejko	Abstain
R. De Walque	Aye
B. Badillo	Aye
S. Park	Aye
J. Norman	Aye

D. Approval of June 11 Minutes

S. Park made a motion to approve the minutes from Finance Committee Special (Virtual) Meeting on 06-11-20.

B. Badillo seconded the motion.

The committee VOTED unanimously to approve the motion.

Roll Call
J. Norman	Aye
M. Andrejko	Abstain
E. Wood	Abstain
B. Badillo	Aye
S. Park	Aye
R. De Walque	Aye

II. Invitation to the Public to Address the Committee

A. Public Comments

There were no members of the public in attendance.

III. Items of Business

A. Financial Report Update

B. Badillo gave an update on Yu Ming's budget, and talked about the impact of SB 820 which amends several sections of the law related to the 2020-21 state budget that were originally enacted in SB 98, the Education Trailer Bill to the 2020-21 budget. Most notably, SB 820 contains a new funding process for classroom-based schools to receive targeted Growth Funding.

B. California Budget Update

IV. Closing Items

A. Review of Action items and Future Agenda Items

Next meeting: October 6, 2:00pm.

Confirm Census Day enrollment
Look at multi-year budget based on SB 820

B. Adjourn Meeting

There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 2:50 PM.

Respectfully Submitted,

J. Norman

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) 326-1048 or emailing or ymclosure@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) 326-1048 or ymclosure@yumingschool.org.