Board approves year‑end appropriations and $195,000 transfer to cover athletic fund shortfall

At its June 30 meeting, the Little Miami Local School District board approved the district’s May financial reports, a slate of contracts, final permanent appropriations for fiscal 2025 and temporary appropriations for fiscal 2026. Treasurer Michael Ganda (name as in transcript: Mr. Ganda) reviewed the documents before the votes.

The board approved a transfer of $195,000 from the general fund to the athletic fund to address a deficit that, according to the treasurer, is driven by increased team participation, higher referee and equipment costs and lower pay-to-play revenue than expenses. "If we didn't do this, we'd be ending with a big deficit in the athletic fund," the treasurer said during discussion; the motion carried on roll call vote.

Treasurer Ganda also advised the board that property and casualty premiums, including cyber insurance, have risen substantially; he said the district’s overall insurance carrier renewal reflected roughly a 25% increase over the prior year. He noted last year’s premium was about $250,000 and that the market has seen industrywide increases.

Board members approved contracts with several service providers (special-education services, nursing services, occupational therapy vendors and insurance brokerage), final amended certificates of estimated resources and the district’s temporary appropriations for the coming fiscal year so the district could legally continue spending on July 1.

Trustees also approved personnel actions, field trip waivers and other routine items during the meeting. No significant reductions or structural changes to the budget were enacted at this session; the board signed off on the financial housekeeping items required at fiscal year end.

"This will get us out of the negative and throw just a little bit of seed money in there," the treasurer said of the athletic fund transfer. The motion to transfer funds passed on roll call.