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Pike County School Corp faces enrollment-driven education fund shortfalls and must decide on an operating referendum by June

Pike County School Corporation Board · May 13, 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

Board presenters told trustees declining enrollment has led to more than $2.9 million in uncaptured state funding and projected monthly education fund payments near $1,000,000 for 2026; the board voted to pursue auditor certification and launch a community survey as it considers an operating referendum.

A staff member presenting the district's financial outlook told the Pike County School Corporation board that declining enrollment has left the district with "uncaptured funding of over 2,900,000," citing students who live in the county but attend schools elsewhere.

The presenter said the education fund is heavily dependent on average daily membership (ADM) and state grant formulas: "The basic grant accounts for 86% of the education money," with special education roughly 10% and CTE about 4%. The presenter said the district is projecting roughly $1,000,000 per month in state tuition support for 2026 but warned that monthly payments…

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