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Board reviews February financials, approves routine motions and is asked to accept $7.78 million state share for middle school project
Summary
Treasurer presented February financial reports and recommended approval of invoices and small grant reallocations; staff also recommended accepting the state's $7,784,893 share of the middle school project and authorized pursuing a valuation challenge for a commercial property under Ohio Revised Code 5715.19.
At the March 16 Canton Local Board meeting the treasurer reviewed the February financial packet, walked through the invoices and the reconciled cash position, and recommended board approval of the monthly reports. The packet, as read at the meeting, listed February invoices and showed deposit and investment balances and a reconciled cash position.
The treasurer highlighted that expenditures are trending slightly higher than projected — primarily in salaries and benefits and purchase costs — and recommended approval of three packet items: the invoices, the February financial report and a listing of donations. Donations included a $50 gift to boys basketball and other community contributions listed in the meeting packet.
The treasurer also asked the board to approve a purchase order for $10,795 to the Portage County Juvenile Detention Center for educational costs from the 2023–24 school year, explaining that the board must approve amounts above the superintendent’s threshold when costs exceed $3,000.
On grant appropriations the treasurer said the district received small reallocations in several grants and recommended appropriation to spend the funds: a $175 increase to the K12 network subsidy; a $5,358 reallocation in the Perkins grant; a $4 increase in early childhood funds; and $137 in Title II funds.
Facilities funding and legal items: Superintendent’s staff recommended the board accept the state's portion of the middle school project through the Ohio Facilities Construction Commission classroom facilities assistance program, stating the state's portion as $7,784,893. Staff said a later meeting will establish Fund 034 to receive and account for the state funds. Separately, staff presented a resolution authorizing the filing of an original complaint challenging the valuation of a commercial property (referenced as a Taco Bell) under Ohio Revised Code section 5715.19 and recommended the board proceed.
What the board did: Motions on routine financial items were moved and seconded in open session; the transcript records motions and seconders and affirmative roll‑call responses during those items. The transcript does not supply detailed vote tallies in the packeted text; where roll‑call responses were audible the board responded in the affirmative following motions.
Follow-up: Staff indicated they will post the financial materials and the one plan for public review; establishment of Fund 034 and formal receipt of the OFCC funds will return to a future meeting with the required fund setup and accounting entries.
