Meeting Details
September 25, 2018
6:30pm - 7:30pm
1 hr
Administration Office, 1051 S Main St, Tipton, IN 46072
Purpose
N/A
1.
Call to Order
2.
Consideration to approve a Resolution to Establish Education and Operation Fund.
HB 1009 provides substantial changes to the budget process for schools. Effective January 1, 2019, the schools budget will change the General Fund into the Educational Fund and the Transportation, Bus Replacement, and Capital Project Funds will be combined into the Operation Fund. The Debt Service and Rainy Day Funds will remain as they have been. It is recommended that the Board approve this resolution to establish the Education and the Operation Funds, effective January 1, 2019.
3.
Consideration to give permission to advertise the 2019 Budget
The 2019 Budget, Education and Operation Funds, were shared with the Board during the work session held prior to this meeting. This request would allow us to advertise these items. A public hearing is scheduled for October 9, before the regular school board meeting. The Board would then consider approving the budget at a special meeting on October 23.
4.
Consideration to give permission to advertise the Capital Project Plan and the Bus Replacement Plan.
Even though the Capital Project Plan and the Bus Replacement Plan will be rolled into the Operation Fund, the plans for these two items need to be advertised. It is recommended that permission be given to advertise the Capital Project Plan and the Bus Replacement Plan.
5.
Adjournment
