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Elkhart board launches finance dashboard, approves bond resolution and several contracts
Summary
The board previewed and launched a public finance dashboard, approved a first-step bond resolution authorizing up to $13.73 million for school renovations, and passed multiple routine contracts and resolutions including investment authorization and supplemental-pay provisions.
The Elkhart Community Schools board on Jan. 13 unveiled a new public finance dashboard intended to make budget, cash-balance and historical financial data accessible to the community, and approved several financial and operational actions including a preliminary bond financing resolution.
Finance dashboard and fiscal indicators: Administration (Rhonda Ross) described the new interactive finance dashboard, which the district planned to publish that evening. Ross said the dashboard will show fund balances, education-fund composition, budgeted revenue for 2025 and monthly financial updates; she stated that 2025 interest earnings were about $1,400,000 and that Lake City Bank accounts yielded about a 5% APR. The presentation highlighted recent cost-savings of roughly $3,000,000 and said the dashboard will include historical monthly reports and distressed-unit…
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