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North Spencer board reviews revenue report, approves $807,574.33 in claims and $83,333 transfer
Summary
At its March meeting the board received a new revenue report showing roughly 16.67% of the budget year elapsed, approved claims totaling $807,574.33 (with two abstentions recorded) and authorized a $83,333 transfer from education to operations.
The North Spencer County School Corporation board received a new revenue report at its March 2026 meeting and approved several routine financial actions, including claims totaling $807,574.33 and a transfer of $83,333 from the education fund to the operations fund.
Treasurer (speaker 4) walked trustees through a revenue tracking spreadsheet that breaks receipts into the education, debt‑service, operations and rainy‑day funds and shows percent collected to date. The report noted the district was 2 months into a 12‑month budget cycle — about 16.67% — and that the basic education grant was tracking closest to estimates.
The board approved claims listed as docket 108889 through 109031 totaling $807,574.33. The record shows one board member, identified in the packet as Mr. Weiner, was recorded as needing to abstain on two claims (108978 and 108979); the abstentions were noted by administration. "So you can see the money that is coming in," the Treasurer said when explaining the report.
The board also approved the administration’s request to transfer $83,333 from the education fund to the operations fund. Several routine personnel items, resignations and appointments were approved as part of consent business.
Trustees approved the items by voice vote; no 'Nay' votes were recorded in the meeting transcript.
