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Riceville school board adopts ISJIT participation, approves audits, policies and personnel actions
Summary
At its Oct. 20 meeting the Riceville Community School District board approved participation in the Iowa Schools Joint Investment Trust, accepted the FY24 audit and approved multiple personnel, policy and field-trip items while hearing construction and daycare updates (daycare awarded a $10,000 FEMC grant).
The Board of Education of the Riceville Community School District on Oct. 20 approved a resolution to participate in the Iowa Schools Joint Investment Trust (ISJIT), accepted routine audit and personnel actions, and received updates on facility projects, including a $10,000 grant to the district daycare.
The board voted unanimously to adopt the ISJIT Joint Powers Agreement and Declaration of Trust and authorized participation in ISJIT’s Fixed Term Automated Investment Program, citing Iowa Code section 28E.1 as the enabling authority. The motion was recorded as Ayes 5 and carried.
The action authorizes the district to invest and withdraw available funds through ISJIT and directs board officers to execute related documents and notify ISJIT of any changes in authorized officials. The resolution text appearing in the record describes the trust’s purpose as joint investment of school corporation monies to enhance investment earnings.
Board members also approved the FY 2024 audit and authorized an engagement letter for FY 2025 with accounting firm Nolte, Cornman & Johnson. The FY 2024 audit approval was recorded as Ayes 5. The engagement letter motion was approved 5–0.
Other formal actions included approval of minutes and the summary of bills; two open-enrollment approvals (two students from Osage, four from Howard-Winn); personnel actions to add volunteer coaches and a substitute paraprofessional; and approval of field trips to Kirkwood (Oct. 22, 2025), Iowa State University (Nov. 5, 2025) and an 8th-grade trip to RCTC (Nov. 18, 2025). Specific personnel approvals recorded by roll call included volunteer and substitute appointments (Eastman, Hale, Guertin, McCarthy and Fox — Aye).
The board also approved the trap shooting handbook and completed the first and second readings of multiple policy series; the second-reading motion for policies 600–607.2R1 was recorded as 4 Ayes in the minutes, and the first-reading package (700, 800, 900 series and listed numbered policies) was approved 5–0.
Administrators reported on building and grounds: kitchen construction is nearing completion, daycare construction is progressing and the daycare has been awarded a $10,000 grant from FEMC. The board discussed an EMC dividend check during the meeting and appointed Karl Fox as the district’s IASB delegate.
The board set its next regular meeting for Monday, Nov. 17, 2025, at 6:30 p.m. in the Board Room and adjourned at 7:46 p.m.
