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RPC financial update: November net income positive, staff departures leave three planner vacancies
Summary
Staff presented November financials showing a roughly $58,000 net income and accounts receivable of about $383,000 at Nov. 30 (falling to ~$264,500 by Jan. 12). Executive Director Devin Erie said three planner positions are vacant following recent retirements and departures; hiring is underway.
Mary Kaye, RPC staff, presented the commission’s November financial report and highlighted revenue and expense items. She said the profit-and-loss for November showed net income of roughly $58,000 and noted a large project invoice of more than $260,000 that posted in December is expected to raise revenues in the next statement. Accounts receivable were reported at roughly $383,000 as of Nov. 30 and about $264,500 as of Jan. 12.
On expenses, Kaye highlighted higher-than-normal audit and accounting costs related to the FY25 audit, marketing and sponsorship expenses including a Front Porch Forum subscription, and six months of rent captured in the accounts. She said an office renovation will be capitalized and equipment leasing (laptops under a Dell lease) will smooth future budget impacts.
Executive Director Devin Erie said RPC is "down 3 planners," naming recent departures and a retirement, and said staff are interviewing candidates and plan to make at least one offer before the end of the month. Erie asked for patience as remaining staff cover the program areas while hiring proceeds.
No public comment was recorded on the financials. The executive finance committee later confirmed review of these materials at its Jan. 12 meeting.
