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Board approves new depositories, delegates signing authority and okays 10¢ lunch increase
Summary
The board approved consolidating district depositories, delegated contract-signing authority to the director of business services for contracts under $100,000, approved $4.35 million in checks/disbursements, and authorized a 10¢ increase to student-paid lunches to narrow a projected food-service deficit.
The Greendale School Board approved a set of financial housekeeping items and a modest lunch-price increase intended to reduce a projected school-lunch deficit.
Administration recommended consolidating district bank accounts, citing a change related to Tri City Bank and use of US Bank and investment accounts to maximize returns; the board approved US Bank Local Government Investment Pool and Wisconsin Investment Services Cooperative as district depositories.
Jonathan, the…
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