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 | |
|
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 |
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| III. | Other Business | 8:57 AM | |||
| A. | Assess next steps re: Dellwood road contracts beyond July 2026 | Discuss | Rob Gevjan | 10 m | |
|
Update from Ben Weimar re: conversation with Lake Junaluska & idea of next steps & knowledge of possible financial need (storing modulars? continuing month-to-month rent? returning land to pre-SRCA status?) Current lease good through 1/31/2027, right? |
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| B. | Next steps for FY 2026/2027 budget year | Discuss | Rob Gevjan | 5 m | |
|
Regarding CSP pricing...what do we want to keep/add/remove (i.e. Grant help) |
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| C. | Ask LBL or CSP for finance committee/policy training | Discuss | Rob Gevjan | 5 m | |
|
Need to begin to create a Financial Policies Manual |
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| D. | Begin formulating financial goals | Discuss | Rob Gevjan | 5 m | |
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What categories should we consider a goal for? -Cash on hand -Bond coverage ratio -ADM -Spending categories (staff, facilities, etc) |
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| E. | Dual Signature system | Discuss | Rob Gevjan | 5 m | |
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How are dual signatures already in place? Example. Any changes needed? |
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| IV. | Closing Items | 9:27 AM | |||
| A. | Adjourn Meeting | Vote | |||