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Tipp City board adopts FY2025 final appropriations, approves FY2026 temporary budget and authorizes short‑term advances
Summary
The Tipp City Exempted Village School District board approved final appropriations for FY2025, passed FY2026 temporary appropriations and authorized advances to cover possible grant timing shortfalls, after treasurer reported revenues at 97.6% and an unexpected Medicaid settlement payment.
The Tipp City Exempted Village School District Board approved several budget measures Wednesday night, adopting final appropriations for fiscal year 2025, approving temporary appropriations for fiscal year 2026 and authorizing the treasurer to advance funds if grant reimbursements do not arrive by the fiscal year end.
Treasurer Stevens told the board that as of May 31 the district had collected roughly 97.6% of expected revenues and received an unanticipated Medicaid settlement payment he said…
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