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Board reviews January finances; reports $28.6 million cash balance and approves claims
Summary
District finance staff presented the January financial summary, reported a cash balance of $28,589,177, highlighted vendor and project payments, and the board approved the financial summary and claims 71096–71365 by voice vote.
District finance staff presented the financial summary for the month ended Jan. 31, 2026, reporting that appropriations are progressing through the budget cycle and that the district's cash balance was $28,589,177.
The presenter also called attention to a transfer and several payments. In the meeting transcript the presenter said, "We transferred 499,683 thousand dollars from the Education Fund to the Operations Fund," and highlighted a total of $46,774 paid to MSD Wade Township; staff explained these entries reflect a state accounting change that allows certain reimbursements to be shown in operations rather than education funds.
Other payments noted included $11,950 to Elite Pro Painting for atrium work at Clark's Creek, $49,270 for interactive-panel repairs, a $24,900 down payment to Indianapolis State for rigging-system repairs, and $154,983 payable to Recreation Insights for a synthetic surface at Clark Creek/LQA playground. The presenter said remaining project costs and reimbursements will show in future reports.
After the presentation a board member moved to approve the financial summary and claims; the motion was seconded and passed by voice vote with no opposition recorded.
