Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the District Budget topic
No spam. Unsubscribe anytime.
Miami-Yoder reports $1.12 million fund balance and plans budget review amid modest insurance increases
Summary
Business Manager Glenda Strouse told the board the district's fund balance rose to $1,116,110 for 2025–26, an increase of $508,175 from the prior year, and said employee insurance premiums rose regionally by 10–25% while the district saw about a 5% increase in UnitedHealthcare costs; the superintendent and business manager will review the budget.
At the Feb. 11 meeting of the Miami-Yoder Joint District No. 60 Board of Education, Business Manager Glenda Strouse reported a year-over-year increase in the districtfund balance and flagged regional trends in employee insurance costs.
Strouse told the board that the fund balance for fiscal year 2024–25 was $607,935 and that the fund balance for fiscal year 2025–26 is $1,116,110, an increase of $508,175. She also said that in regional meetings other districts reported employee insurance premium rises of 10%–25%, while Miami-Yoder's premiums with UnitedHealthcare rose by about 5%.
Strouse and Superintendent Tonya Rodwell said they will review the budget over the next months to consider impacts on staffing and compensation. Board member Jon Hogeboom asked whether the district had considered pay-for-performance models; staff answered that it is possible but would require a strict rubric applied to both teachers and classified staff.
The business manager's report was part of the consent and reports section of the meeting; the board did not take immediate budgetary action at this meeting beyond recording the figures and assigning follow-up review.
