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VMI Board of Visitors Audit, Finance, and Planning Committee Meeting, June 1, 2026

Virginia Military Institute — AFP Committee / Board briefing · June 1, 2026

Briefing on Virginia Military Institute finances and enrollment: CFO Dallas reported a projected auxiliary fund balance decline from $21.1M at July 1 to about $9.8M by year-end and identified athletics and capital pressures; Colonel Shannon/Eskim reported stronger-than-expected deposits for the incoming class but noted typical summer attrition.

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