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Custer School Board approves meal-pricing change, insurance renewal and year-end transfers; several actions passed by voice vote
Summary
At its June meeting the Custer School Board amended meal pricing to comply with House Bill 1082, approved property/liability and other renewals, and authorized year-end fund transfers and capital-proceeds moves; votes were by voice with motions approved as read.
The Custer School Board on June XX adopted multiple procedural actions including a meal-pricing amendment required by House Bill 1082, a liability insurance renewal, three year-end fund transfers and a recommendation to move surplus capital proceeds into a higher-yield account.
Terry, presenting the meal-pricing amendment, said the districts must remove reduced-price charges under HB 1082 so students who qualified for reduced meals would no longer owe 30–40 cents; the state will reimburse those meals. The board moved to amend the previously approved pricing sheet and approved the change by voice vote.
Staff reported a drop of nearly $49,000 in property insurance premiums compared with last year; the business manager said she included the CTE building in the renewal data and is awaiting final confirmation from the insurer. The board approved the liability renewal by motion and voice vote.
Business staff also requested standard year-end transfers required for the district audit: the routine impact-aid transfer (noted as $750), an ‘up to’ $700,000 transfer from capital outlay into the general fund (budgeted amount), and an ‘up to’ $72,000 move from general fund to the preschool fund (actual expected nearer $40,000). The board approved those transfers as read.
Separately, staff recommended moving roughly $1 million of surplus capital-proceeds money into the district’s RBC premium savings account to consolidate funds and earn more interest; the board approved moving the funds effective July 1 to avoid month-end accounting complications.
Other formal actions approved on the consent agenda included reapproval of the special-education comprehensive plan and authorization for an overnight student trip to a national competition; the board certified recent election results for Travis, Sarah and Larry. Several items were routine or budgetary and were approved by voice votes without roll-call tallies.
The meeting adjourned after the board signed canvass/tally sheets and closed routine business pending summer follow-up by staff.
