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Board approves tentative fiscal 2025–26 budget, receives treasurer's report and insurance renewal update
Summary
The Rowan County Board of Education received a treasurer's report, approved a tentative FY 2025–26 budget and voted to renew property, liability, umbrella and cyber insurance coverages; board members were told the district faced a national trend of roughly 23% insurance cost increases.
The Rowan County Board of Education heard a treasurer's report and approved a tentative fiscal 2025–26 budget, then approved renewal of multiple insurance coverages.
Treasurer Lauren reported the district began the reporting period with $5,984,533.38, collected $1,911,169.35 in receipts, spent $1,949,975.07 and ended the period with $5,945,727.66.
After review, the board voted to approve…
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