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Louisville school board approves claims, financial reports and continues with Cadence Bank

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Summary

The Louisville Municipal School District board approved the agenda, consent agenda, claim dockets 340097–340275 and February 2025 financial reports, and confirmed Cadence as the district's bank, the minutes show.

The Louisville Municipal School District board approved routine financial items at its meeting, including claim dockets 340097 through 340275 and the district's February 2025 bank balances and financial reports.

A motion to approve the consent agenda carried, and board members approved the claim dockets, the superintendent said. The transcript lists the claim docket range as "340097 through 340275" and records that the ayes carried each motion.

During discussion of the financial reports a board member noted the district paid its annual energy-efficiency lease. "We did have to pay, our yearly amount of energy efficiency lease. That's in there," the board member said.

Board members also confirmed the district is using Cadence as its depository; when a member asked, "What bank are we presently using?" the reply was "Cadence." A board member said the district evaluated bids and recommended Cadence as the best option for the district's banking needs. The motion to approve banking arrangements carried.

Later in the agenda the board moved into an executive session to discuss a personnel matter.