Yu Ming Charter School

Minutes

Finance Committee Regular Meeting

Date and Time

Wednesday October 19, 2022 at 4:00 PM

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/82917190732?pwd=T2N0NGo1c0RrcmVkSlJuVGttb2JaZz09

Meeting ID: 829-1719-0732

Password: 504018

Dial by your location

     (646) 876 9923 (New York)

     (646) 931 3860

     (301) 715 8592 (Washington DC)

     (309) 205 3325

     (312) 626 6799 (Chicago)

     (564) 217 2000

     (669) 444 9171

     (669) 900 6833 (San Jose)

     (719) 359 4580

     (253) 215 8782 (Tacoma)

     (346) 248 7799 (Houston)

     (386) 347 5053

     (408) 638 0968 (San Jose)

 

Committee Members Present

J. Norman (remote), R. De Walque (remote), Y. Yeh (remote)

Committee Members Absent

None

Guests Present

B. Badillo (remote), E. Wood (remote), M. Andrejko (remote), S. Park (remote)

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 Wednesday Oct 19, 2022 at 4:03 PM.

B.

Record Attendance and Guests

C.

Approval of Agenda

R. De Walque made a motion to approve the agenda.
J. Norman seconded the motion.
The committee VOTED unanimously to approve the motion.
Roll Call
J. Norman
Aye
Y. Yeh
Aye
R. De Walque
Aye

D.

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

J. Norman made a motion to approve the state of emergency findings.
Y. Yeh seconded the motion.
The committee VOTED unanimously to approve the motion.
Roll Call
J. Norman
Aye
R. De Walque
Aye
Y. Yeh
Aye

II. Invitation to the Public to Address the Committee

A.

Public Comments

There were no public comments.

III. Consent Agenda

A.

Approval of Consent Agenda

J. Norman made a motion to approve the consent agenda.
R. De Walque seconded the motion.
The committee VOTED unanimously to approve the motion.
Roll Call
Y. Yeh
Aye
J. Norman
Aye
R. De Walque
Aye

B.

Approval of Sept 14 Minutes

J. Norman made a motion to approve the minutes from Finance Committee Regular Meeting on 09-14-22.
R. De Walque seconded the motion.
The committee VOTED unanimously to approve the motion.
Roll Call
R. De Walque
Aye
J. Norman
Aye
Y. Yeh
Aye

IV. Items of Business

A.

August Financial Report

B. Badillo presented the financial report.

B.

Fiscal Policies Review

The committee discussed possible updates to the fiscal policies.

V. Closing Items

A.

Review of Action items and Future Agenda Items

  • Multi-year financial update at the next meeting, incl. facilities planning
  • First interim
  • Audit draft (most likely in January)

B.

Schedule Next Committee Meeting(s)

C.

Adjourn Meeting

There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 5:00 PM.

Respectfully Submitted,
Y. Yeh