Community Room, 817 South Main Street, Tipton, IN 46072
Tuesday, June 13, 2023
- 6:30pm - 7:30pm
Approval of the Agenda
Approval of Minutes
Approval of Claims
Approval of Personnel Report
Approval of Field Trips (Overnight and/or Out-of-State)
Approval to Accept Donations
Kelly Collis - Bus Driver
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
For May, we ended the month with balances as follows:
Education Fund - $332,068.30
Operations Fund - $1,431,919.03
Debt Service - $2,431,801.77
Rainy Day Fund - $2,293,872.35
Once we receive the new monthly funding amounts from the DOE in July, I will update the Education Fund cash flow projection.
Operations Revenue: We secured the advance draw from the county on property taxes and received $1,542,784.91 in property tax revenue for operations. Interest came in at $33,770.53, other revenues from solar and miscellaneous reimbursements totaled $2,035.08, plus the $100,000 transfer from education fund to operations.
Along with the advance draw for operations, the county also provided a draw for the debt service fund and we received $1,264,457.68 bringing the fund total to $2,431,801.77. We will be making our first debt services payments for the year by the end of June.
The county intends to settle up spring taxes on or about June 14th and I'll report those proceeds to you at our next meeting.
Due to conflicts with our Blue Devil Bash and Meet the Teacher Night we will need to change the time of the monthly board meeting in August from 6:30 PM to 10AM on Tuesday, August 8, 2023. We had the same conflict last year, but did not change the time of our meeting. Changing the time will allow the Board to participate in the Total Seed Production Greenhouse Ribbon Cutting and Meet the Teacher activities.
During the work session Indiana Testing Incorporated (ITI) presented information regarding the services they can provide for all TCSC employees with a Commercial Drivers License. It is recommended that the Board of Trustees allow Dr. Glaze, on behalf of TCSC, to enter into such an agreement with ITI beginning July 1, 2023 for compliance with state and federal drug testing requirements.
TCSC has paid out large sums of money for architectural design, permits, surveys, and building materials using our cash reserves for both the upcoming middle school and high school projects. Since bonds will not be sold until later in the year, both funds are operating in negative balances and will stay negative through June 30, 2023, when our Form 9 financial report must be filed. It is allowable by State Board of Accounts policy, but was a point of contention last fall in our audit. Although no finding was found, the auditors suggested TCSC temporarily transfer from other funds in order to place these funds in the positive. Indiana code requires all these transfers return to their original fund by December 30, 2023. At this time, the Board is asked to make a motion allowing our corporation treasurer to make necessary temporary transfers between funds to resolve negative balances.
The DLGF requires annual approval of the Budget Calendar by the Board of Trustees. The 2024 Budget Calendar is in your packet and includes the dates for the Public Hearing on September 26 and final approval on October 10, 2023.
In your packet you have the proposed 2023-2024 THS, TMS, and TES Student Handbook Revisions as well as complete copies of the proposed handbooks. It is recommended the Board of Trustees approve the proposed 2023-2024 Student Handbooks.
June 19-Business Affairs
July 17-Branding/Public Relations
August 14 Facilities/Technology
July 18-Monthly Board Meeting-6:30 PM
July 25-School Offices Open
August 1-Walk-in Registration
August 8-Welcome to 6th Grade; Blue Devil Kick Off; Blue Devil Bash; TSP Greenhouse Ribbon Cutting; Meet the Teacher Night
August 9-Possible Student First Day
August 10- Possible Student First Day (1003 Waiver Approval Pending)