Shining Rock Classical Academy

Finance Committee Meeting

Published on August 28, 2026 at 4:55 PM EDT

Date and Time

Thursday July 16, 2026 at 8:30 AM EDT

Location

SRCA Russ Avenue Campus

2150 Russ Ave, Waynesville, NC 28786

Agenda

Section Number Topic Number Details Purpose Presenter Time
I. Opening Items 8:30 AM
  A. Record Attendance   Rob Gevjan 1 m
  B. Call the Meeting to Order Discuss Rob Gevjan 1 m
  C. Approve Minutes from June Finance committee meeting Approve Minutes Rob Gevjan 1 m
     
II. Finance 8:33 AM
  A. Discuss final projections for budget, actual cash on hand, and bond covenants Discuss Rob Gevjan & William VanHook 15 m
   

Outline difference b/w budget accounting and actual cash on hand accounting, using Bessemer funds & money used for early FY 25/26 capital improvements. Recall term "held harmless"

 

We will not meet either bond covenant ratio. 

 
III. Other Business
IV. Closing Items 8:48 AM
  A. Adjourn Meeting Vote Rob Gevjan 1 m