Citizen Portal
Sign In

Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Get email alerts on the Finance Operations topic

No spam. Unsubscribe anytime.

Board reviews monthly finances, accepts list of community donations including $5,000 for student computers

Elkhart Lake–Glenbeulah School District Board · March 17, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The board heard a monthly financial report with cash balances and transfers for February 2026 and was presented with donations for specific programs, including $5,000 from the Cole Family Foundation for student computers and multiple smaller gifts for athletics and curriculum supports.

The board received the district’s monthly financial report, which summarized a cash balance on Feb. 1, 2026, itemized February receipts and interest, and listed transfers and disbursements. The presenter described receipts of roughly $3.38 million for the month and interest receipts reported separately; total cash figures and account balances were reviewed for the general fund and specific program accounts.

During the financial update the board reviewed a package of donations earmarked for extracurricular and classroom uses. Notable donations included $5,000 from the Cole Family Foundation for student computers to support the fitness center, several gifts to athletic programs (wrestling, boys basketball), textbook and classroom material donations, and smaller program gifts for yearbooks and a Renaissance dinner show. Staff recommended the board accept the donations and thanked donors for community support; a motion to accept the donations was made during the meeting (the transcript does not include a recorded roll‑call vote).

Board members asked clarifying questions about specific checks and voucher items during the review. Staff also noted preparations of tax receivable postings for the year and reclassifications made in anticipation of upcoming bond principal and interest payments.