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Greater Clark trustees approve fund transfers after finance report showing multi‑million-dollar balances
Summary
The Greater Clark County School Board on July 22 approved a set of fiscal-transfer resolutions after staff presented monthly and bond fund monitoring showing multimillion-dollar balances in education, operations and food-service funds.
GREATER CLARK COUNTY, Ind. — The Greater Clark County School Board of Trustees on July 22 approved multiple resolutions transferring district funds after staff presented the board with an 18‑month fund monitoring report and bond and food‑service updates. The board voted by voice to approve the package of resolutions after discussion.
The report was presented by Laura Huber, staff member. “This report is a little longer because we are hitting the June 30 which is the important numbers for the 18 month look period for the next budget season,” Huber said. Huber said the education fund ended the period with a balance of $12,891,000 and that the operations fund balance was $10,000,006.77. She also reported that the school lunch fund had grown from about $4,200,000 at the start of the year to about $4,900,000.
Why it matters: board members and administrators said the…
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