TCSC School Board Meeting

• TCSC Recycling Data:  2 Tons of Paper so far this year!  That equals 34 Trees, 14,000 Gallons of Water, 926 Gallons of Oil, and 6 Cubic Yards of Landfill space.
• IDOE GPS System
• Indiana Learns-https://www.indianalearns.org/
• TAG Dispersement 

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 November had revenue of $973,868.73 and expenditures of $1,217,435 (due to last month's transfer to Operations), leaving a cash balance of $500,163 in the Education Fund (compared to $24,561.46 in November of 2021)   Operation expenditures were $349,429 with a cash balance of $239,894 (compared to $889,331 in November 2021).  Debt Service has a cash balance of $1,374,130.10.  The ending cash balance in the Rainy Day Fund is $2,345,839.16.  Year to date interest totals $116,890.37

Treasurer's Investment Report

In last month's work session, a presentation/discussion about TCSC Spectator Code of Conduct and Pregame Announcement was facilitated by Mr. Ayars, our School Safety Specialist. Both the TCSC Spectator Code of Conduct and Pregame Announcement are recommended from the TCSC School Safety Committee. These two documents will serve as communication to both the Tipton community and visiting schools on behavior expectations at our events. The TCSC Spectator Code of Conduct will be displayed at all events and the Pregame Announcement will be read before the beginning of each athletic event.  

In the spring of 2022, a Greenhouse Fund was created.  Currently that fund has a negative balance.  Last month we approved an Appropriation to cover expenses for the Greenhouse.  The Resolution before you allows us to transfer funds from Operations to the Greenhouse fund over the period of next six months (monthly installments) for cash flow purposes, with the goal of having a zero balance on or before, June 30, 2023. The transfers will be clearly identified in our monthly financials.  The Resolution to approve this transfer is recommended for approval.

Each December, the Board of Trustees is asked approve additional appropriation for both Education and Operation Funds in order to cover expenses through December 31.  This document increases Education Fund appropriation $200,000 and Operation Fund appropriation $500,000.  Approval of this additional appropriation is recommended.

In order to close out the 2022 budget, all major budget accounts must not show a deficit.  Inter/Intra fund transfers of appropriations allow schools to transfer surplus appropriations to accounts needing additional appropriation. 

It is recommended that the Board approve the transfer of funds to close the 2022 budget.  A summary will be made available to the Board at the January meeting. 

In October, the City of Tipton Redevelopment Commission approved  Residential TIF District Resolutions for Buttonwood and the Westside Residential developments.  As part of the Residential TIF process, the Tipton Community School Corporation, Board of School Trustees must approve an accompanying resolution along with the City Planning Commission and the City Council for full approval of the RTIF district.  The two resolutions, one for Buttonwood and one for Westside Residential, are attached in your board packet, each one will need a separate vote.  We will need a motion to approve or deny each of the RTIF areas of Buttonwood and Westside Residential Developments.

12/19 Branding/Public Relations 5:30PM

12/15-Tipton Ambassadors 7:30-10:30AM

12/15-Y.O. Family Night Concert 7:00PM

12/19-12/21-THS Final Exams

12/22-1/2 Winter Break

1/3-Students Return-Semester 2 begins

1/16-MLK Day-No School