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Board approves finance, procurement and construction RFPs; adopts multiple budget and purchasing measures
Summary
At its Jan. 13 meeting the Northwest Allen County Schools Board of School Trustees approved depository and investment actions, carried forward 2024 appropriations, authorized recurring transfers and approved several procurement and RFP items including requests for proposals for construction manager and architects for planned facilities.
Northwest Allen County Schools Board of School Trustees on Jan. 13 approved a package of routine finance and procurement measures and moved forward with requests for proposals tied to planned building projects.
The board approved Garrett State Bank as the district depository for 2025, accepted the district—s 2024 investment report and authorized the recommended distributions of earned interest. Chief Financial Officer Brian Basham told the board the year-to-date yield was 5.2034% and that the district keeps about $2,100,000 in a non‑interest checking account while placing remaining funds in pooled local-government investments.
Those items were part of a larger slate of motions the board approved, including a resolution to carry forward 2024 appropriations into 2025, recurring transfers from the education fund to the operations fund, and several…
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