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Finance committee reports $12 million CD move and 90‑student enrollment decline costing about $750,000

Indianola Comm School District · December 8, 2025
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 finance committee reported moving $12 million in construction funds into a short‑term CD earning about 4.05%, discussed retaining the construction manager via a CMAR process, and flagged a 90‑student decline on the Oct. 1 count that represents roughly $750,000 in lost funding.

The Indianola Comm School District finance committee reported several fiscal items at the Dec. 8 board meeting, including a short‑term investment move, a procurement discussion for construction management, and concern about declining enrollment.

A finance committee presenter said the district recently moved $12,000,000 to True…

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