Shining Rock Classical Academy
Minutes
Finance Committee Meeting
Date and Time
Thursday March 19, 2026 at 8:30 AM
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
Committee Members Present
R. Gevjan, T. Gresham
Committee Members Absent
None
Guests Present
A. Weimar, S. Jenkins, Travis Gresham, william@chartersuccesspartners.com (remote)
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
C.
Approve Minutes
II. Finance
A.
Discuss Budget with William Van Hook
Letter to bondholders with proactive steps - organization changes and LBL
Task - Alyson, Board Chair and William CSP
Goal -
April: budget to board - CSP will review first
May: 2nd read of budget
III. Other Business
A.
Vote new members onto the board, namely Sara Jenkins
B.
Question re: Disposition of funds raised when selling Dellwood assets
Rob -how do we handle the proceeds of selling the modulars
William- review of bond - since these were the 2022B bond, as long as sold by fair value, the proceeds can go directly to operations/fund balance.
C.
Assess next steps re: Dellwood road contracts beyond July 2026
Meeting with Lake J 3/20
Facilities and Sara Jenkins - will update the Finance Commitee following meeting
D.
Annual Election of committee chairperson for Finance committee.
E.
Discuss Grant-Writing & Grant-Management Resource Options
We would like to engage with CSP to help with grant writing and follow up
F.
What level of involvement will the Finance Committee have in budgeting for FY 2026/2027 ?
Budget creation alongside admin/directors - present budget by April
Review of the Finance report - revenue and expense report.
Savings in textbook and athletic budgets.
Going into next year, a decrease in custodial contractor spending
Prof development line item - covering LBL for this FY
Estimating a 200K deficit end of FY
Adjustments for next year across staffing, facilities, curriculum updates, HS closure, etc.