River Valley Charter School Board of Trustees · April 16, 2026 · 8:30 AM
RVCS Finance Committee Meeting
Finance committee approved a 3.5% salary increase in the FY2027 operating budget (total FY27 budget $4,130,258); discussion noted a projected 2% tuition increase for 2027 and an estimated 17% rise in healthcare costs.
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Key decisions
Approve a 3.5% increase to the salary line item in the FY2027 budget (total FY27 budget $4,130,258).
Agenda
Finance
II.A. Review March 2025 Financial Results
Review March 2025 financial results, including favorable differences on salary and benefits, allocation, and the capital plan. Presenter: Central Source. (15 min)
Finance
II.B. 2026 - 2027 Budget Discussion (Tuition and Salary Pool)
Discussion of the 2026–2027 budget focused on tuition and the salary pool; current and updated salary figures, suggested salary increase to $4,130,258 (5.3% vs current) and tuition scenarios (3% to $5,645,752 and 6% to $5,817,807). Presenter: Chris Whitford. (20 min)
Closing Items
IV.A. Adjourn Meeting
Motion to adjourn the Finance Committee meeting. (Vote) Presenter: Chris Whitford. (5 min)
Closing Items
IV.B. Approve minutes for Finance Committee Meeting on March 18, 2026
Approve minutes for the Finance Committee Meeting on March 18, 2026. Presenter: Chris Whitford. (1 min)
Closing Items
IV.C. Approve minutes for Finance Committee Meeting on December 10, 2025
Approve minutes for the Finance Committee Meeting on December 10, 2025. Presenter: Chris Whitford. (1 min)