TCSC School Board Meeting

• Associate Superintendent, Scott Jaworski
• Director of Food Service, Adam Proulx
• Director of Technology, Steven Gingerich
• Athletic Director, Colin Quin

We ended February with cash balances as follows:

Education Fund - $802,556.81
Operations Fund - $627,829.04
Debt Service - $532,748.57
Rainy Day Fund - $2,035,833.41

The February basic support payment increased by $42,652. This increase was due to DOE reconciling our special education counts (taken 12/1/25) into our payments and catching us up from the time frame: July 2025 to January 2026. The February ADM count of 1336 will be reconciled into our payments in the coming months. A transfer of $145,652 was made from education to operations. Operations fund expenses exceeded revenue by $190,759. Interest income for the month totaled $19,169.07.

In order to find additional financial efficiencies due to the impacts of SEA1 2025, the Tipton Education Association and Tipton Community School Corporation created a Memorandum of Understanding creating a one-time a retirement incentive for certified staff.  The incentive includes a $50,000 incentive paid out over 5 years that can be used as a cash incentive or to cover the cost of an eligible TCSC  insurance package.  In addition, TCSC will buy-out up to 100 sick days at $100 per day.  The incentive is capped at the first eight participants unless mutually agreed to extend the incentive to additional certified staff.  The Memorandum of Understanding must be approved by the school board, then by Indiana Education Employment Relations Board (IEERB).  

The Board granted permission to advertise for Mowing Bids at its February 10, 2026 meeting.  Advertisements were made in the Kokomo Tribune and Tipton Tribune as well as social media platforms.  We received 7 bids on March 2.  It is recommended to award the 2 year mowing contract to Cage and Company LLC as the lowest most responsive bid package. 

March 13-End of 3rd Grading Period

March 17-St. Patrick's Day

March 19-23-Senior Trip

March 26-Snow Make-up Day (School IN Session)

March 27-April 5-Spring Break

April 6-Flex Day

April 14-Monthly Board Meeting

(Information Only) Pursuant to IC 20-41-1-8 Treasurer; duties; accurate accounts; reports

Sec. 8. (a) The treasurer shall keep an accurate account of all money received by the collecting authority and expended, showing:

(1) the sources of all receipts;

(2) the purposes for which the money was expended; and

(3) the balance on hand.

A copy of the report, together with all records and files of extracurricular activities, shall be filed as required under section 3 of this chapter.

        (b) However, in a school that has two (2) or more semesters in any one (1) school year, the treasurer of the school shall file a copy of the treasurer's financial report of receipts and disbursements with the township trustee, board of school trustees, or board of school commissioners not more than two (2) weeks after the close of each semester. Records and files of extracurricular activities for the entire school year shall be filed with the last financial semester report of any one (1) school year.

        (c) A copy of the report shall be filed with and kept by the city superintendent having jurisdiction and the county superintendent where the superintendent has jurisdiction.

        (d) The records under this section shall be kept for five (5) years, after which they may be destroyed.

There is no action required. These reports are being filed with the Board of School Trustees as required.