Administration Offices, 1051 South Main Street, Tipton, IN 46072
Monday, December 14, 2020
- 7:00pm - 8:00pm
The original education fund appropriation for the 2020 Budget was $9,138,720. The projected expenditures for the education fund is $848,557 more than what was appropriated. A public hearing was held earlier tonight on the change of appropriation.
It is recommended the board of trustees approve an additional appropriation of $850,000 for the 2020 education fund.
A miscalculation occurred in Gateway when calculating our 2021 budget impacting our operation fund. In order to rectify the miscalculation the board must rescind the original 2021 budget and approve the new budget on Form 4 in Gateway.
It is recommended the board of trustees rescind the 2021 budget approved earlier this year and approve in the new 2021 budget found on Form 4 in Gateway.