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Warren Local board approves $2.93 million in May payments, adopts FY2025 appropriations and several contracts

Warren Local Board of Education · June 26, 2024
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Summary

At its June 26 meeting the Warren Local Board of Education approved payment of $2,934,991.63 in May bills, adopted FY2025 appropriations, authorized multiple fund transfers and approved vendor and insurance contracts including bakery and dairy bids and continuing disclosure services.

The Warren Local Board of Education approved payment of $2,934,991.63 in bills for May and adopted the district’s FY2025 estimated resources and appropriations at its June 26 regular meeting at Warren High School.

The Treasurer presented a package of consent items, including May financial reports and an investment earning of $745.38 deposited to the Permanent Improvement Fund. The board approved contracts for insurance coverage through Ohio School Plan and a separate cyber policy; continuing disclosure services with Bricker Graydon at $2,000 per year; and vendor awards accepting Nichols Bakery for bread products and United Dairy for dairy products for the 2024–25 school year. The board also approved a MySchoolBucks agreement with Heartland Payment Systems and student life insurance with Guarantee Trust Life Insurance Company.

The board approved interfund transfers of $200,000 from General (001) to the Severance Fund (035), $150,000 from General (001) to the Capital Projects Fund (070), and $11,703.12 from General (001) to the Athletics Fund (300) to align fund balances for severance, capital and athletics needs. The Treasurer recommended and the board approved the district’s final estimated resources and appropriations for FY2024 and the annual estimated resources and appropriations for FY2025.

Additional administrative approvals included membership dues: $400 for the Coalition of Rural and Appalachian Schools and $995 for the Coalition for Equity & Adequacy of School Funding. The board approved a payment of $1,500 from the Jennings Grant to Brent Taylor for grant-related work.

"The Treasurer recommends approving the following," the Treasurer stated at the meeting before the board voted to approve the package. All board members recorded votes of yes on the financial packages and most contract approvals.

The board reaffirmed its next regular meeting for July 25, 2024.