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By Brenda Gazzar

The governing board of El Camino Real Charter High School revised its fiscal policies Wednesday night in its latest effort to placate Los Angeles Unified School District concerns about liberal credit-card spending by school administrators and inadequate board oversight.

The meeting of the El Camino Real Alliance board, which took place in a mostly full auditorium at the Woodland Hills school, was held two days before El Camino’s deadline to respond to LAUSD’s “notice of violations” that was unanimously approved by the district’s Board of Education last month.

The notice, which alleged “fiscal mismanagement” and open-meetings violations, is the first of three steps to potentially revoking the school’s charter. El Camino officials have denied any wrongdoing.

Wednesday’s vote marks the third time the El Camino board has updated its fiscal policies and procedures since L.A. Unified issued a warning to the school, which converted to an independent charter in 2011, last October. The board was also slated to discuss possible employee “discipline/dismissal/release” in closed session Wednesday night, a continuation of a discussion started at an urgent meeting held Friday, said Jonathan Wasser, the board’s president.

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