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Carlisle Local board approves minutes, financial report and temporary appropriations; property insurance up 16–20%

Carlisle Local School District Board of Education · June 24, 2024
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Summary

The Carlisle Local School District Board unanimously approved routine items including meeting minutes, the financial report, supplemental appropriations and June temporary appropriations on June 24; the treasurer reported a 16–20% increase in property insurance costs and said the district is on track for fiscal‑year close June 30.

The Carlisle Local School District Board on June 24 approved routine fiscal items needed for the end of the fiscal year and to allow district spending for the upcoming school year.

Treasurer Mr. Vasquez asked the board to approve the minutes of the regular meeting, the financial report included in the packet, posting all adjustments to close the books for fiscal year '02/2324' and a set of supplemental appropriations reflecting grant adjustments. Each of those motions was moved, seconded and approved by roll call.

"As we get ready to close financially, we're in good shape," Mr. Vasquez said, noting that some costs were "a little higher maybe than anticipated" but that overall the district's finances were healthy heading into the June 30 fiscal‑year end. He said some federal grant accounts required adjustment after the most recent changes in May.

The board also approved June temporary appropriations so district staff can begin spending for the next school year; the permanent appropriations are scheduled to be adopted in September. The board awarded the property, liability and fleet insurance through the Southwestern Ohio EPC insurance pool for 02/2425 and was informed that property insurance costs increased by roughly 16–20%, a change attributed to higher building values and construction costs.

Votes at a glance: motions to approve the minutes, financial report, posting adjustments to close the books, supplemental appropriations, temporary appropriations and the insurance contract were all approved by roll call during the meeting; the board recorded affirmative 'Yes' responses from the members present for each motion.

Next steps: staff will complete the year‑end posting and proceed under the approved temporary appropriations; permanent appropriations will return for board action in September.