Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the School Finance topic
No spam. Unsubscribe anytime.
Board approves allowable-growth petitions, purchase cards and routine finance items; accepts treasurer's report
Summary
At its Oct. 13 meeting the Indianola Comm School District board approved multiple routine finance and operations items, including petitions to recoup overspent special-education and extended English-learner costs, authorization of district purchase cards, and acceptance of the year-end treasurer's report; all recorded motions passed unanimously.
Get email alerts on the School Finance topic
No spam. Unsubscribe anytime.
The Indianola Community School District Board of Directors approved several finance and operations items on Oct. 13, 2025, voting unanimously on motions to request allowable-growth funds for special education, to seek a modified supplemental amount for extended English-learner support, to authorize district purchase (P) cards, and to accept the year-end treasurer's report.
The board voted 7-0 to allow administration to petition the School Budget Review Committee (SBRC) for allowable-growth reimbursement for overspending in special education in the amount of $250,042.01. District staff explained the special-education deficit is a cumulative negative (district officials referenced a larger running negative of about $4.88 million) but the SBRC petition covers only the portion requested at this time.
Trustees also approved, 7-0, a modified supplemental amount request of $200,821.50 for limited-English-proficient instruction beyond the district's funded period. Administration said these petitions are a routine mechanism the state allows when the district must provide services that exceed the funding allocated for specific student subgroups.
The board accepted the treasurer's year-end report and financial presentation, voting 7-0 on a motion to "accept as presented." The treasurer highlighted several trends: resident enrollment has declined modestly over five years while tuition-in (open-enrollment) has increased; the district ended the year with a general fund balance of roughly $9.7 million; investment income rose from about $12,000 in 2021 to roughly $450,000 in 2024–25 (driven by higher interest rates); salary and benefits are about 80.7% of expenses; days of net cash flow are approximately 103 days; and the solvency ratio is about 18.37.
The board also approved implementation of a district purchase-card program designed to reduce staff out-of-pocket spending for allowable purchases (hotels, event tickets, classroom supplies at approved vendors). Principals will manage cards issued to their buildings; district staff said cards will be limited by vendor class and supported by a handbook and auditing process. Trustees voted 7-0 to authorize the program.
Other routine approvals included first and second readings of policy updates following ISB recommendations, which the board approved 7-0.
From public and staff reports: the board read an emailed note from James McLaughlin, a referee who officiated a ninth-grade football game at Lincoln High School, praising players' sportsmanship: "Your young players were the best teams I've officiated in all my time of the field years now... Your players give me hope for the future." The board also accepted a retirement notice from Annette, director of teaching and learning, effective June 2026.
Ending: All motions recorded in the meeting passed unanimously. Administration will submit the SBRC petitions and implement the P-card procedures; staff will continue to monitor fund balances and report updates to the board.

