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Gary schools report healthy education fund but flag operations pressures and aging fleet
Summary
At the Nov. 13 board meeting the district reported a $23.15 million education-fund balance (Sept. 2025), $3.78 million in referendum funds and $7.5 million in operations funds, noted an $1.3M shifted transportation invoice and detailed a plan to audit and sell aging vehicles to fund replacements.
The Gary Community School Corporation’s finance presenter reported the district remained "in line" with its 2025 budget as of September but cautioned that the operations fund requires careful monitoring.
Presenter Zaborowski told the board the education fund had an ending balance of $23,149,000 as of September, the referendum fund held roughly $3,783,000 and the operations fund had an ending balance of $7,505,000. She said the district received approximately 50% of the expected…
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