The meeting commenced with a acknowledgment of Lance Oye, who concluded his service on the board after twelve years. The board presented him with a certificate of appreciation, commending his dedication. Oye reflected on his time, particularly noting the construction of the Elementary School as an achievement. He emphasized the board’s mission to prioritize children’s education and expressed gratitude for the support from his family and colleagues.

Following the recognition of Oye’s service, the board delved into a comprehensive audit report, presented by Matt Tobert. The audit delivered a positive outcome, with an “unqualified clean opinion” indicating the district’s financial health. The report detailed a surplus of approximately $384,500 in revenues, primarily due to increased state funding. The audit highlighted a positive fund balance of $7,565,930 at year-end, with strategic allocations for student activities and severance. Despite these favorable results, the report identified recurring internal control findings, which Tobert noted were common in similar district audits due to economic constraints.

The board also addressed the district’s compliance with federal funding regulations, specifically concerning the Elementary and Secondary School Emergency Relief (ESSER) funds. The management letter noted excess cash resources in the food service fund, prompting plans to consult with the Minnesota Department of Education about allowable uses for these funds.

Subsequent to the audit presentation, the board conducted the Truth in Taxation hearing, mandated by Minnesota statute. The discussion focused on property valuation increases, with Pipestone experiencing a 33-38% rise attributed to escalating land values. This led to a projected deficit of $1.5 million for the fiscal year 2025, with revenues at $15.4 million against expenditures of $16.9 million. The board members expressed frustration over state-imposed restrictions on using surplus funds for educational improvements.

The meeting then transitioned to a discussion on Policy 503 concerning student attendance, a topic that generated debate. Board members raised concerns about the classification of absences, particularly weather-related or vehicle-related tardies, and the potential for students to accrue unexcused absences without sufficient documentation. The need for a system to monitor excessive absences was emphasized, with discussions about the legal implications for parents and potential consequences for non-compliance with attendance laws.

Board members expressed the challenges of engaging parents whose children were habitually truant and discussed potential measures to enhance student engagement, such as introducing activities like drone racing and esports. The board recognized the importance of improving the student experience to encourage attendance while also considering stricter policies to address truancy.

Financial decisions continued with the approval of donations, including a $10,000 contribution from First Bank and Trust for the band holiday open house. The board clarified that donations must be allocated to the general fund, not specific purposes like settling overdue lunch accounts, due to regulatory constraints. Technical updates to several policies were approved without extensive review, and the board adopted a levy limitation for 2024 payable in 2025, noting the impact of property value increases on state aid.