Richland One Middle College Board of Directors Meeting 10-21-2026

The Richland One Middle College Board of Directors met on October 21, 2026. The board approved the agenda and September meeting minutes. In its FY2027 financial update through September, the school reported approximately $243,000 in operating cash, about $1.94 million in a Merrill Lynch account, and net income of just over $143,000 for the prior 12 months. Total assets were about $2.21 million; approximately $21,000 in JAG claims awaited reimbursement, and the reported accounts payable balance of just over $11,000 had been paid. Revenue through September was about $559,000, with roughly $460,000 in expenses. The operating-cash figure was below the $250,000 audit-side recommendation for funds held in the operating account. No contract awards, vendor selections, or other procurement actions were identified.

School updates included recognition of the fifth consecutive excellent state report-card rating (92/100), a 100% on-time graduation rate, and goals for graduation, college and career readiness, and U.S. History performance. The board also heard updates on student activities and upcoming events. No additional spending or procurement decisions were reported.