Citizen Portal
Sign In

Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Get email alerts on the Administration Budget topic

No spam. Unsubscribe anytime.

Board approves services contract, retirement benefit for food-service managers and year-end transfers

Franklin Community School Corp Board of Trustees · December 10, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The board approved a services agreement with Stepping Stones Group for therapy services, added Public Employee Retirement Fund coverage for food-service managers (estimated recurring cost ~$21,000/year; one-time buyout ~$208,000), and authorized year-end and temporary fund transfers totaling several hundred thousand dollars to complete FY2024 closeout.

The Franklin Community School Corp board approved several business and budget items at its December meeting, including a services agreement with Stepping Stones Group, a retirement benefit addition for food-service managers, and year-end and temporary fund transfers to complete fiscal-year closeout.

Staff said the Stepping Stones Group contract covers in-person speech-language pathologist (SLP) services and other therapy staffing the district uses; the agreement was presented as unchanged from the prior-month packet and was approved.

Separately, administration proposed adding the Public Employee Retirement Fund (PERF) to the benefit schedule for the food-service manager classification to improve recruitment and retention. Administration provided estimated costs: about $21,000 per year in recurring cost for the benefit and a one-time buyout estimate of $208,000 to purchase up to 20 years of service credit for eligible employees; the board approved adding the benefit and a short employer match period to ease transition.

For year-end close, administration requested additional appropriations totaling $400,000 (including a $250,000 referendum-fund request to cover support-staff stipends previously discussed) and temporary transfers to cover $265,000 in pre-K design fees (to be returned to rainy day fund in January) and $978 to cover a catering-billing lag. Counsel noted the law requires an opportunity for public comment on additional appropriations; none was offered and the board approved the appropriations and temporary transfers.

Auditors have begun year-end work and expect to complete fieldwork by mid-January; administrators said auditors are focusing on federal programming.