TCSC School Board Meeting

Jason Bales-8th Grade Washington DC Trip

Fred Henderson-Mexico Trip

Brian Johnson-Tipton Elementary-School Improvement Plan Presentation

Melissa Kikta-Tipton Middle-School Improvement Plan Presentation

Craig Leach-Tipton Middle-School Improvement Plan Presentation

Director of Student Achievement and Learning, Scott Jaworski
Director of Student Services and Transportation, Shayne Clark
Director of Food Service, Adam Proulx
Director of Technology, Steven Gingerich

The monthly report for September provides you with a summary of the monthly revenue versus expenditures. For September, our cash balance of $816,829 in the Education Fund.   We project an end of year cash balance to be $881,892 in the Education Fund. In order to assist TCSC with cash flow in the Operation Fund, we will ask the board to approve a transfer of $200,000 from the Education Fund to the Operation Fund.  We ended the transfer during the 2022 budget cycle, but this practice has negatively impacted the cash balance in Operation Fund.   Operation fund cash balance is $515,418 and Debt Service has a cash balance of $1,374,130.  Our Rainy Day Fund balance is $2,511,814.  By the end of the month, we intend to invest some our cash balance and construction funds in TrustINdiana.  Information is linked here.  We expect a monthly return of approximately $12,000-$16,000.  There is not long term obligation with TrustINdiana.

Information Share: Indiana School Board Association/Indiana Association of Public School Superintendents State Conference

On September 13, the Board of Trustees approved a series of updated Board Policies on the first reading. It is recommended the Board of Trustees approve the same policy updates on the second reading.  

Last month during our work session and again during the public hearing held on Tuesday, September 27, 2022, detailed information was shared regarding the 2023-2025 Capital Projects Plan, 2023-2027 Bus Replacement Plan, and 2023 Budget.  It is recommended the Board of Trustees approve the plans and budget as written.  

Each year we ask the Board of Trustees to approve our school improvement plans.  These plans are submitted to the state.  The TES and TMS plans are new, and  the THS plan is updated  Thank you to our school improvement teams for their work on these documents.  It is recommended the Board of Trustees approve these plans as written.

The Board of School Trustees of the Tipton Community School Corporation recognizes the need for a transfer of money within funds to maintain positive cash balances.  For the last two years, TCSC has not transferred funds from the Education Fund to support Operations.  While this has increased our cash balance in the Education Fund, it has caused a cash flow issue in Operations.  A transfer at this time of $200,000 will assist us in maintaining positive cash flow.  The accompanying transfer resolution is attached.

Earlier this evening the Board of School Trustees approved a 2% increase to TCSC's contribution to our employee health insurance for bargaining unit members.  Historically, TCSC has approved the same increases for those employees not in the bargaining unit that include bus drivers, custodians, full time support staff, 12 month employees, administrators, and others.  The cost of this increase is approximately $24,000.  It is recommended the Board of School Trustees approve a 2% increase to TCSC's contribution to non-bargaining unit health insurance benefits.  

November 14 Branding/Public Relations

December 19 Facilities/Technology

October 11: End of Nine Weeks

October 11: Monthly Board of Education Meeting 6:30PM

October 12: PK-12 Parent/Teacher Conferences

October 17: Report Cards Available in PowerSchool

October 19-21: TCSC Fall Break

November 8: Monthly Board Meeting 6:30PM