The New Castle Community School Board of Trustees approved a transfer from the Education Fund to the Operations Fund 5-0 at its Aug. 11 meeting. The motion was made by Jaci Hadsell and seconded by Josh Estelle.
The meeting minutes list the transfer under the Budget section but do not state the amount moved, the intended use of the funds, or whether the transfer requires any additional state reporting or approvals. The board also reviewed a Budget Calendar during the meeting; no dates or deadlines from that calendar are recorded in the minutes.
Chief Financial Officer Megan Bell was present at the meeting as the district’s finance lead, but the minutes do not quote her or include a staff explanation of the transfer’s purpose or financial impact.
Board members voted on several other routine budget-related items during the session, all recorded as unanimous 5-0 votes. Public comment at the end of the meeting included a local resident’s remark on how operations funds are used for projects versus teacher raises.
The transfer approved Aug. 11 is a formal board action recorded in the minutes; the document does not record follow-up steps or a timeline for allocation of the transferred funds.