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Town of Speedway board reorganizes, adopts 2026 expenditure goal and moves $1.3 million to rainy day fund
Summary
At its Jan. 13 meeting the Town of Speedway School Board unanimously approved officer nominations, adopted a 2026 expenditure goal tied to Indiana Code 20-42.5-3-4, and passed a resolution to transfer $1,300,000 from the referendum fund into the district rainy day fund; several routine budget and personnel items were also approved.
The Town of Speedway School Board unanimously approved a slate of organizational and budget actions at its meeting on Jan. 13, adopting officer nominations, a district expenditure goal for 2026 and a $1.3 million transfer into the district rainy day fund.
Board business opened with the required annual reorganization. A board member moved to name Adam Gonzalez president, Luke Bickel vice president, Tom Smith secretary, Nancy Johnson corporate treasurer and Luke Bickel as ISBA legislative liaison; Speaker 3 nominated Laura De Gea as ISBA policy liaison. The board approved the nominations, 5–0.
The board approved the minutes from its Dec.…
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