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Meade School Board reviews Aug. financials, approves small curriculum purchases amid falling enrollment

Meade School District 46-1 Board of Education · September 8, 2025
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Summary

The Meade School District board reviewed extensive August claims and fund balances, approved $2,600 in capital outlay for an elementary counseling curriculum, discussed audit-related insurance-payable corrections that could temporarily dip the food service fund into a negative balance, and noted a preliminary K–12 enrollment decrease to 2,993.

The Meade School District 46-1 Board of Education reviewed a comprehensive set of August financials and approved targeted capital outlay adjustments at its Sept. 8 meeting.

Business Manager Brett Burditt presented the claims for payment and month-ending cash balances for Aug. 31, 2025, covering the General Fund, Capital Outlay, Special Services, Food Service and other funds. The board approved a motion to amend the capital outlay (422) budget by $2,600 to purchase the 7 Mindsets elementary counseling curriculum and separately approved redistribution of several 421 accounts to fund other curriculum needs.

Burdit told the board auditors had identified interfund discrepancies related to payroll-deducted insurance accounts and that correcting entries required for the audit could "result in a temporary negative balance in the food service fund," a shortfall the board may record as a loan from the general fund until June 2026 when repayment or forgiveness will be decided.

The board also reviewed the FY26 budget timeline. Burditt provided a preliminary fall enrollment count taken Sept. 5 showing K–12 enrollment of 2,993 — down 35 students from the budgeted 3,028 and last year’s count of 3,028. He noted the official count will be taken the last Friday in September.

The district also reported a standard annual bond premium payment: a $225 premium to Merchants Bonding Company covering Aug. 14, 2025–Aug. 14, 2026.