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Ionia Public Schools reports $9.54 million in sinking fund revenue; $8.42 million expended to date

Ionia Public Schools Board of Education · January 19, 2026

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Summary

Executive Director of Business and Finance Jammie Sprank reported sinking fund revenue of $9,535,664.46 and expenditures of $8,417,113.01 through Dec. 31, 2025 and presented a list of planned 2026 summer projects.

Executive Director of Business and Finance Jammie Sprank presented the district’s sinking fund activity through Dec. 31, 2025, reporting total sinking fund revenue of $9,535,664.46 and expenditures to date of $8,417,113.01.

Sprank provided trustees with a list of 2026 summer projects to be funded from the sinking fund; the transcript records that projects were presented but does not list individual projects in detail. Trustees received the report as part of the meeting’s informational items and no separate vote on the sinking fund figures was recorded at the meeting beyond their inclusion in the financial summaries.

The sinking fund update provides the board’s current capital-reserve status ahead of the district’s planned summer projects. The board did not provide additional detail in the meeting text about timelines, vendors or project-by-project costs.