The Southwest Allen County Schools board received monthly financial reports for July and approved school‑year camps and programs for 2025–26.

Monthly financial highlights presented by Mrs. Libby included a July expenditure for the Homestead High School additions and renovations project of “just under $172,000” and cumulative project expenditures since inception of about $187.7 million. Mrs. Libby also reported roughly $7.3 million in interest, earnings and dividends on project funds. She told the board that the project will begin closing out toward the end of the calendar year.

On general funds, Libby said the education fund cash balance in July was just under $10.2 million (reported as approximately 17 percent of the approved budget). Combined with rainy‑day funds, the cash position represented about 20.8 percent of the budget, an improvement from 18.6 percent the prior year. Revenues were at about 57.6 percent of annual projections and expenditures at about 54.5 percent, consistent with year‑to‑date expectations.

For the operations fund (excluding 2024 bond proceeds), Libby said the cash balance represented about 20.9 percent of the approved $25 million operations budget; expenditures through July were roughly 52.7 percent of the budget. She confirmed the district had completed $3.5 million in budgeted transfers from the education fund toward the annual allocation of $6 million.

Board action: The board approved the 2025–26 school‑sponsored camps, programs and events on a voice vote with ayes recorded and no recorded opposition.

Administrative notes: Libby and other staff reiterated timing for state enrollment counts that determine funding: October 1 (fall count) and February 1 (spring count) are the dates used to reconcile and allocate state tuition support across the July–June fiscal year. The finance office will continue routine monthly reporting and will provide updates as bond proceeds are appropriated and spent.