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Kokomo School Corporation board reviews May 28 preliminary fund report and approves claims
Summary
At its June 1 meeting the Kokomo School Corporation received a preliminary fund report dated May 28, 2026, and approved payment of claims for the period April 4 to June 1, 2026, including lease-financing payments. Transcript figures contained punctuation errors; reported numbers in this article reflect corrected formatting where indicated.
Kokomo School Corporation staff presented a preliminary fund report dated May 28, 2026, showing an education fund balance listed in the transcript as 11,422,635. Mr. McIntyre also reported the district's total cash on hand and asked the board to approve claims for payment covering the period April 4, 2026, to June 1, 2026. Lease-financing claims were reported in the transcript as $162,220.98.
The board moved to approve payment of the claims; the motion was seconded and carried by voice vote.
Note on figures: the meeting transcript contains punctuation and comma-placement errors in the reported totals (for example, the total cash-on-hand and the claims total appear in the transcript with misplaced commas). Where needed in this article those figures have been corrected for standard U.S. currency formatting to improve readability. The transcript text for these items is preserved in the provenance section below.
What happens next: approved claims will be processed by the district's finance office and paid by trustees as listed; the business office will reflect the approved expenditures in upcoming financial reports.
