11:34A key highlight of the meeting was the financial report detailing the district’s $341,000 surplus in the general fund, which now stands at $1.5 million. This fund balance represents 32% of current expenditures, surpassing the district’s policy of maintaining reserves within a 25% range. The surplus is attributed to careful budgeting and reduced salary-related expenses, which were influenced by the conclusion of specific programs funded by federal ESSER funds. The auditor praised the district’s fiscal management, noting that the fund balance could cover approximately 3.8 months of expenditures.

0:00The board reviewed the annual audit, presented by a representative from the auditing firm Schaefer. The audit revealed no exceptions in compliance areas such as bids and conflicts of interest, though it did note common internal control issues related to financial statement preparation and segregation of duties, which the district attributes to its small office staff. The district’s average daily membership (ADM) was discussed as a critical factor in funding, with a slight recovery in ADM numbers in 2023 contributing to stable state funding. Total revenue for the year increased by $400,000 to reach $5.7 million, driven by enhanced special education funding, compensatory revenue, and new state aid for libraries and student support.

23:19The board also addressed personnel updates, approving the hiring of Izzy Nagel as a lifeguard and noting the resignation of Emily Brum as a school nurse. The consent agenda, which included approval of previous meeting minutes, treasurer reports, and various fundraisers, was passed unanimously. Significant donations were acknowledged, such as $500 towards the Cardinal Pride program and $19,000 for a high school stage curtain, both from the L Community Foundation.

11:34Student achievements were celebrated, particularly the Leroy-Ostrander-Lyons-Pope football team’s success in winning the section championship. A student representative reported on the positive academic climate, noting that “everybody’s getting straight A’s,” and updates on upcoming basketball conferences. The principal highlighted efforts to improve math scores through professional learning communities and scheduled teacher training sessions. Additionally, teacher evaluations and leadership training opportunities for students were discussed.

23:19The board reviewed policy readings on various school-related matters, such as weapons, dress codes, and non-school-sponsored materials, with no changes proposed. A resolution regarding workers’ compensation insurance was approved after clarifying the legal requirements.

11:34Community engagement was emphasized, with plans for a “breakfast with Santa” event and a planned walkthrough by the building and grounds committee to assess recent improvements. The board underscored the importance of emergency communication protocols and discussed potential calendar changes due to upcoming events.

23:19The meeting concluded with a discussion about legal obligations related to a recent special meeting and the handling of write-in votes. The board resolved to develop a handbook for new members to clarify roles and responsibilities.