Chief Financial Officer at Achievement First Rhode Island
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The board meeting included an executive session to discuss personnel matters, followed by the approval of Shane Ramos as interim principal of Aspire ES and a slate of interim principals for all AF Brooklyn schools. The interim principal appointments cover various schools through June 30, 2025.
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The Joint Audit Committee meeting involved the review and approval of the Audit Committee's annual report and self-evaluation, a presentation by Grant Thornton LLP regarding the planned fiscal year 2023 audit, and a resolution recommending the approval of a contract with Grant Thornton to provide independent auditor services for fiscal years 2024-2027. The committee also reviewed and approved the audited financial statements for fiscal years 2023 and 2024.
The Joint Audit Committee meeting focused on several key items. The committee reviewed the audit plan, including new accounting and auditing standards. A key discussion point was the recommendation to the Authority Board of Directors and the Water Board regarding the approval of the independent auditor contract. The committee also conducted an annual self-evaluation and reviewed the annual report of the audit committee. The audited annual financial statements of the Water and Sewer System for Fiscal Year 2023 were presented and reviewed, along with a review and approval of the Audit Committee Charter.
The Finance Committee reviewed and recommended to the Board the approval of the issuance of the Authority's Fiscal 2012 Series EE Bonds, which is to provide fixed rate financing for new money and refunding purposes, and the Fiscal 2012 Series B General Resolution Revenue Bonds, which is to provide variable rate financing for new money purposes.
Extracted from official board minutes, strategic plans, and video transcripts.
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