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Amanda-Clearcreek board reviews November finances, schedules strategic planning discussion
Summary
Board reviewed November financials — general fund revenues about $971,325, interest earnings near $99,397, enrollment ~1,429 FTEs (down ~43) — discussed construction transfers and captured construction savings; members asked staff to schedule a strategic‑plan work session.
The Amanda‑Clearcreek Local School District Board of Education reviewed the district’s November financial report and discussed next steps for budgeting and planning.
A staff member presenting the report said the district’s general fund revenue for November was $971,325 and interest earnings for the month were about $99,397. Enrollment measured in full‑time equivalents (FTEs) was reported as approximately 1,428.96, roughly 43 FTEs lower than the same period last year. “Salaries and benefits continue to be a big expense,” the staff member said, noting they represented about 66% of monthly expenditures.
The presentation outlined cash balances and how construction funds are managed. The presenter said matured certificates of deposit were moved into a Star Ohio account to preserve yield and that approximately $10 million had been transferred into a capital account (the O70 series) consistent with earlier board resolutions for capital projects. Staff also reported roughly $540,000 in construction savings captured by the construction manager and said some technology costs were being pulled out of construction contracts to pursue E‑Rate discounts of up to 70%.
Board members asked for more detail on fund balances and the timing of planned expenditures. After discussion, the board voted to approve the financial report as presented.
Why it matters: the district is spending down capital and construction funds while general fund revenues lag some expenses; the board asked staff to schedule a work session to review the strategic plan, facility master plan, staffing and upcoming curriculum purchases so policy and budget choices can be coordinated.
What’s next: staff said they will circulate materials and suggested dates for a strategic‑planning work session to be considered at the January organizational meeting or at a separate session in February or March.
