Shining Rock Classical Academy
Finance Committee Meeting
Date and Time
Location
SRCA Board is inviting you to a scheduled Zoom meeting.
Join Zoom Meeting
https://us02web.zoom.us/j/81305513481?pwd=jkgAxfvgrZlSPl45Aff72xld049wwJ.1
Meeting ID: 813 0551 3481
Passcode: 386081
Agenda
| Purpose | Presenter | Time | |||
|---|---|---|---|---|---|
| I. | Opening Items | 8:30 AM | |||
| A. | Record Attendance | 1 m | |||
| B. | Call the Meeting to Order | ||||
| C. | Approve Minutes | Approve Minutes | 1 m | ||
| II. | Finance | 8:32 AM | |||
| A. | Discuss Budget with William Van Hook | Discuss | Rob Gevjan & William Van Hook | 25 m | |
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1. Updated budget current & projected expectation 2. Share details of teacher costs for the rest of 2026 & 3. Into 2027, to update human capitol expenses 4. Focus on current & projected covenant ratios 5. Can we begin to build an expectation for 2027 budget? |
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| III. | Other Business | 8:57 AM | |||
| A. | Vote new members onto the board, namely Sara Jenkins | Vote | Rob Gevjan | 1 m | |
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Vote new Executive Director of the school, Sara Jenkins, onto the committee. If others show interest and are present, consider this for them as well. Should Ben be voted in? |
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| B. | Question re: Disposition of funds raised when selling Dellwood assets | Discuss | Rob Gevjan | 5 m | |
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Upon my review of the Bond Agreement, the Dellwood campus debt was rolled into the bond. Are we obligated to apply proceeds of selling the modules to the bond, or could these be put towards the fund balance? |
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| C. | Assess next steps re: Dellwood road contracts beyond July 2026 | Discuss | Rob Gevjan | 10 m | |
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What role should/can Finance Committee take to communicate with Lake Junaluska and other contract holders to work toward understanding what is expected to wind down our presence. i.e. We need to determine if Lake J in fact wants us to return Dellwood back to field? Should we give them an opportunity to let us know what they want want us to keep & what to demolish?
==Per conversation Finance Chair had with Facilities Director, Ben Weimar, he and his committee will be meeting with Lake Junaluska leadership & getting that information to us as soon as possible== |
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| D. | Annual Election of committee chairperson for Finance committee. | Vote | Rob Gevjan | 5 m | |
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This is required annually |
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| E. | Discuss Grant-Writing & Grant-Management Resource Options | Discuss | Rob Gevjan | 5 m | |
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pre-award management Instrumentl (Devon Jackson)
post-award management Karma Suite (Ray Golden)
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| F. | What level of involvement will the Finance Committee have in budgeting for FY 2026/2027 ? | Discuss | Rob Gevjan | 5 m | |
| IV. | Closing Items | 9:28 AM | |||
| A. | Adjourn Meeting | Vote | |||