North Knox School Corp. board approves slate of officers, appoints treasurer and green-lights routine finance actions

The North Knox School Corp. board on its regular meeting approved a slate of officers and named Terry Rosler as corporation treasurer, then carried a series of routine finance and operational motions by voice vote.

Board members approved the slate — president Wayne, vice president Michael, secretary Donnie and treasurer Terry (the meeting used first names) — after a motion and second. The board then formally appointed Terry Rosler as corporation treasurer and reconvened briefly as the board of finance to adopt the annual finance-authority items.

Rosler presented the district's interest-investing report and said the district earned $464,000 in interest in 2025, a marked increase from the roughly $30,000–$40,000 the district typically earned in prior years. "In 2025 we made $464,000 in interest," Rosler said, and the board approved the report as presented.

The board also approved its annual bank resolution authorizing the listed local banks for investment and deposit activity and approved a resolution to transfer $1,400,000 from the education fund to the operations fund — the same transfer amount used in the previous year — within the statutory limits. Members voted to authorize additional year‑end balancing transfers so accounts reconcile for audit and closeout.

In other business, the board accepted a $21,000 donation from the Foundation for the Future to be held in a restricted account for a future bus purchase and thanked the donor for reducing reliance on taxpayer funds. All motions in this block of business were adopted by voice vote.

The meeting then returned to regular public session for the remainder of the agenda.