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Ionia Public Schools reports $10.73 million in sinking fund revenue through April
Summary
The district’s Executive Director of Business and Finance reported sinking fund revenue of $10,731,534.65 and expenditures to date of $8,495,503.39 at the May 18 board meeting, information board members said would inform upcoming capital projects.
The Executive Director of Business and Finance presented the Ionia Public Schools sinking fund activity through April 30, 2026, reporting total sinking fund revenue of $10,731,534.65 and cumulative expenditures to date of $8,495,503.39.
Board members heard the report as financial context for capital decisions, including a planned upgrade to the IMS elevator and the approved IHS CleverTouch panel purchase. The minutes do not record further line‑item detail or vendor costs for the approved technology purchase and elevator work; the board approved those projects later in the meeting.
The sinking fund totals were presented to inform budgeting and capital planning for the coming year. The board took no separate vote on the sinking fund report; it was received as information. Director of Human Resources Melissa Weller and other staff were also recognized during the meeting for spring educator awards and staff hires presented earlier in the agenda.
The board’s next regular meeting is June 15, 2026, at 7 p.m. in Ionia High School Room 205.
