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Jennings County School Corporation elects officers, reviews investment report

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Summary

At its annual finance meeting, the Jennings County School Corporation elected Amy Fedde president and approved Patty Sullivan as secretary while staff reported on bank depositories, invested bond proceeds and a drop in federal ESSER funds.

At its annual finance meeting, the Jennings County School Corporation elected Amy Fedde president and approved Patty Sullivan as secretary and received a finance report on the district's deposits, bond investments and fund balances.

The board kept German American Bank and Jackson County Bank as the district's designated depositories, and finance staff reported that about $3,200,000 of the district's $3,500,000 2024 GEO bond proceeds are currently invested for long-term…

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