A State-Approved California Public School
Ross Valley Charter was incorporated under California Law in 2014 as a Nonprofit Public Benefit Corporation and has 501c3 status with the IRS as a charitable and educational institution.
RVC is authorized by the California State Board of Education and its oversight agency is the Charter Schools Division of the California Department of Education. RVC’s board meetings are held in public, and agendas and supplementary materials, including historical financial reports, can be found at the Board Meeting link below.
The school opened in August of 2017 with 124 students and has grown steadily to 203 students in October of 2020. It is planning to grow to 222 students, which will be its maximum size.
Three year budgets, budget narratives, and two year cash flow projections are approved at the last regular board meeting in June every year. Revisions to these budgets are made twice a year, first at the December regular meeting and again at the March regular board meeting. Financial statements and balance sheet for the periods ending in October and January are also published at the December and March meetings, respectively. Unaudited financial income and balance sheet statements for the previous school year (ending June 30) are approved at the September regular board meeting each year. All of these can be found at the board meeting web site.
Since beginning operations in the fall of 2017, RVC has been funded primarily by per pupil revenue from the CDE under the state’s Local Control Funding Formula and Special Education funding through the El Dorado County Charter SELPA.