RVCS Finance Committee Zoom Meeting

The Finance & Facilities Committee met to review the August financial statements and discuss the school's capital planning. Committee members reviewed August actuals against the budget (noting that Joey is exploring a proposed revised budget), discussed the balance sheet and cash position including how proposed capital spending would affect the capital reserve, and noted that the audit of the 2025/2026 financials is underway and will be discussed further at the next meeting. A public comment period was listed; no substantive public remarks are recorded in the minutes.

The committee voted to approve the 2026/2027 Capital Budget: G. LeFave moved to approve, D. Mitchell seconded, and the motion passed by roll call vote (G. LeFave, D. Mitchell, D. Candelario — all Aye). No additional substantive debate on the capital budget is recorded. The meeting was adjourned at 10:30 AM.