Finance Committee Special Meeting Minutes

March 2, 2022, 8:15-9:15 AM

Yu Ming Charter School

Minutes

Finance Committee Special Meeting

Date and Time

Wednesday March 2, 2022 at 8:15 AM

This meeting will be by teleconference pursuant to Executive Orders N-25-20 and N-29-20, and Assembly Bill 361.

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/83233084167?pwd=R0ZyMml5czlzOHdmTmJwMUxteEdoUT09

Meeting ID: 832-3308-4167

Password: 305302

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Committee Members Present

B. Badillo (remote), E. Wood (remote), J. Norman (remote), Y. Yeh (remote)

Committee Members Absent

R. De Walque, S. Park

Guests Present

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 Wednesday Mar 2, 2022 at 8:21 AM.

B. Record Attendance and Guests

C. Approval of Agenda

Y. Yeh made a motion to approve the agenda.

B. Badillo seconded the motion.

The committee VOTED unanimously to approve the motion.

Roll Call
B. Badillo	Aye
Y. Yeh	Aye
J. Norman	Aye
S. Park	Absent
E. Wood	Aye
R. De Walque	Absent

D. State of Emergency Board Committee Findings Pursuant to Government Code Section 54953(e)

E. Wood made a motion to approve the findings.

Y. Yeh seconded the motion.

The committee VOTED unanimously to approve the motion.

Roll Call
J. Norman	Aye
R. De Walque	Absent
S. Park	Absent
E. Wood	Aye
Y. Yeh	Aye
B. Badillo	Aye

II. Invitation to the Public to Address the Committee

A. Public Comments

There were no members of the public.

III. Consent Agenda

A. Approval of Consent Agenda

Tabled.

B. Approval of Feb 14 Minutes

IV. Items of Business

A. Finance Update

B. Badillo presented the finance update and took questions.

B. 2nd Interim Report

B. Badillo presented the 2nd interim report.

C. 2022-23 Budgeting Update

B. Badillo presented a preliminary update on next year's budget.

D. Strategic Plan Update

E. Wood presented a strategic plan update.

V. Closing Items

A. Review of Action items and Future Agenda Items

Approve Feb 14 AND March 2 minutes
Discuss idea of a fundraising structure
Discuss format for finance updates related to capital campaign

B. Schedule Next Committee Meeting(s)

Next meeting: March 25, 11am.

C. Adjourn Meeting

There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 9:27 AM.

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) 452-2063 or office@yumingschool.org.