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Board approves warrants and hears financial report noting large insurance cost and a small decline in local sales‑tax receipts

July 15, 2025 | Pleasant Valley Comm School District, School Districts, Iowa


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Board approves warrants and hears financial report noting large insurance cost and a small decline in local sales‑tax receipts
The Pleasant Valley Community School District Board authorized warrants across multiple funds and accepted the May monthly financial report on Monday, during which finance staff flagged several notable items: a large insurance payment, capital projects expenditures, and a modest decline in local option sales‑tax receipts.

Board motions approved warrants for general, nutrition, activity, management, capital projects, PPEL, internal service and trust funds. Specific amounts recorded in the meeting packet included a general‑fund warrants total of about $789,177.16, nutrition fund warrants of $13,965.89, high‑school activity fund warrants of $36,961.09, management fund warrants of $801,777.43, capital projects warrants of $1,886,676.51, PPEL warrants of $257,371.17, internal service fund warrants totaling $688,788.74, and trust fund warrants of $2,007.52. (Amounts transcribed from the packet and read aloud at the meeting.)

During discussion of the management fund, one director highlighted that roughly $808,900 of the management‑fund total is insurance — property, liability and similar coverages — and noted that figure to make the public aware of the district’s insurance spending.

On the May monthly financials, the board’s finance presenter reported the capital projects local option sales‑tax receipts through May totaled $6,064,952, about 1.6% (approximately $98,000) below the same point last year when receipts were $6,162,137. The presenter said the state estimate had expected receipts to increase and that the district would review June receipts before drawing further conclusions.

The nutrition fund also showed declines. Food sales were down about 2.8% year‑to‑date; federal reimbursement for nutrition dropped from 8.25% last year to 7.10% this year (a decrease the presenter said was roughly 14% of the prior reimbursement figure), a change that amounted to about $115,000 less than a year earlier at this time. The food‑service director was reviewing causes including timing of reimbursements, changes to a la carte sales, and new elementary meal options that staff hope will increase participation.

Staff updated the board on construction work at the high school serving area: crews must install new footings and relocate equipment and piping under a new wall, which has delayed the serving‑area work but is planned and expected to be complete before the start of school. The presenter said the work was planned, not unplanned, and that project timing (and weather) could affect when the serving area is fully operational.

The board approved the May monthly financials and instructed staff that the full fiscal‑year close and audited end‑of‑year reports will be presented after the auditors complete work in September.

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