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Yu Ming Charter School

Minutes

Finance Committee Regular Meeting

Date and Time

Wednesday September 6, 2023 at 4:00 PM

Location

  • In person (CHE Campus): 2501 Chestnut Street, Oakland, CA 94607 
  • Zoom Meeting (see info below)
  • Teleconference Location 1 (MLK Jr. Campus): 675 41st Street, Oakland, CA 94609
  • Teleconference Location 2 (CAR Campus): 16244 Carolyn Street, San Leandro, CA 94578
  • Teleconference Location 3: 127 Jervis Bay, Alameda, CA 94502

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/09-06-23-Finance - Meeting ID: 883-3793-8580 - Password: 156449

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

R. De Walque, Y. Yeh

Committee Members Absent

None

Guests Present

D. Chou (remote), E. Wood, F. Sassin (remote), M. Andrejko, S. Wang (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 Sep 6, 2023 at 4:04 PM.

B.

Record Attendance and Guests

C.

Approval of Agenda

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

II. Invitation to the Public to Address the Committee

A.

Public Comments

There were two members of the public in attendance and no comments on non-agenda items.

III. Consent Agenda

A.

Approval of Consent Agenda

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

B.

Approval of June 20 Minutes

R. De Walque made a motion to approve the minutes from Finance Committee Regular Meeting on 06-20-23.
Y. Yeh seconded the motion.
The committee VOTED unanimously to approve the motion.
Roll Call
Y. Yeh
Aye
R. De Walque
Aye

IV. Items of Business

A.

2023-24 Committee Membership, Description & Goals

Y. Yeh presented the committee description, goals, and membership, including member recruitment for Finance and Audit.

 

Responsibilities:

  • "to review bank accounts" needs to be more accurately framed
  • Transfer audit-related responsibilities to the new Audit Committee

The Committee will finalize these at the next meeting.

 

Annual Priorities:

  • Define metrics for the Committee to track throughout the year

Committee members will work individually on priorities and finalize at the next meeting.

B.

2022-23 Year-End Financial Report

F. Sassin presented the report.

C.

Unaudited Actuals

F. Sassin presented the unaudited actuals.

R. De Walque made a motion to approve the submission of unaudited actuals.
Y. Yeh seconded the motion.
The committee VOTED unanimously to approve the motion.
Roll Call
R. De Walque
Aye
Y. Yeh
Aye

D.

Facilities Funding Update

Tabled.

V. Closing Items

A.

Review of Action items and Future Agenda Items

  • Next agenda 
    • Finalize 2023-24 committee responsibilities and priorities (including metrics)
    • Facilities Funding Update
    • Meeting schedule for 2023-24
  • Publicize committee membership opportunity in the weekly newsletter

B.

Schedule 2023-24 Committee Meetings

Next meeting: Monday, Oct 16, 4:15-5:45 pm (in person at Chestnut).

C.

Adjourn Meeting

There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 5:33 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.