Blue River Valley Schools sets budget calendar, accepts financial report and approves appropriations

The Blue River Valley Schools board took several finance actions and scheduled the public budget process for 2025. The board will publish the 2025 budget calendar on Sept. 23, hold a public hearing at a special meeting on Oct. 3, and consider final action at the regular Oct. 14 meeting.

Kim Riley delivered the financial/bank fund balance report as of Aug. 31; the board moved and approved resolution R2024-9-1 accepting the report. The board also discussed and approved the annual blanket reduction and appropriations resolution (R2024-9-5) to align estimated appropriations with actual expenditures, an administrative step described by staff as routine and necessary to prepare the 2025 budget.

Separately, the board approved a supplemental payment (resolution R2024-9-6) intended to adjust Mr. Jaggers’ compensation after his transition from an administrative role back to the classroom; the board described this as a lump-sum adjustment of about $3,250 to align his placement on the salary schedule, to be spread over pay periods.

The board also authorized a one-year retainer agreement with local counsel (Hayes, Copenhagen, Hader, Crider, Harvey) including a $3,000 annual retainer and standard hourly rates presented in the contract packet.

All finance items were approved by voice vote with no recorded opposition. The board reiterated the Oct. 3 special meeting date for the public budget hearing and encouraged interested stakeholders to review the posted materials once the budget calendar is published.