Board approves November financials; greenlights two related‑party vendor agreements
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Summary
The board approved November 2025 financial statements, heard that operating revenue and current property taxes rose, and approved two related‑party contracts: local range training vendor Kristi Snow Schrogger and a small‑quantity T‑shirt contract with Holland Primm.
The Springdale School Board approved the district's November 2025 financial statements and two related‑party contracts during its Dec. 9 meeting.
Speaker 9 (finance) reported operating revenue was up year‑over‑year, building fund revenue was down compared with the prior year (attributed to last year's property sales), and current property tax revenue was about $4.9 million higher than the same time last year, which the presenter attributed to increased assessment values. Food service revenue was roughly $300,000 ahead of last year, driven by increased participation in breakfast and lunch programs.
On expenditures, the finance officer verified fund‑level percentages year‑to‑date and noted the building fund expenditures have slowed due to large projects completed in the prior year. The presenter also said the bank's automated matching of vendors to uploaded files went live “effective this month,” a step the office described as reducing the risk of check‑washing.
The board approved the November financial statements following a motion and second.
The meeting also included approval of two related‑party transactions the administration described as cost‑effective and local: a contract with Kristi Snow Schrogger to provide nearer, lower‑cost range training for the district's CSSOs, and a contract with Holland Primm (a district employee) to supply custom printed T‑shirts in small quantities. Both contracts were moved, seconded and approved by voice vote.
No recorded roll‑call tallies were read aloud in the transcript for the votes reported during the meeting.