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Muncie Community Schools board approves homestead-credit transfer and modest adult meal-price increase
Summary
The Muncie Community Schools board approved a one-time transfer of $118,447.13 from debt service to operations to offset homestead-credit impacts and authorized a 25¢ adult lunch and 10¢ adult breakfast price increase; the board also approved the June financial report and the consent agenda.
The Muncie Community Schools board voted Wednesday to approve a one-time homestead-credit transfer of $118,447.13 from the district’s debt service fund to its operations fund and to raise adult cafeteria prices slightly for the coming school year.
The board’s staff member presenting financial items said the Department of Local Government Finance calculated the allowable transfer and that the superintendent followed the required protocol to request it. The motion to approve the transfer was moved, seconded and carried by voice vote.
The price changes affect adult meals only: adult lunch prices will increase by 25 cents and adult breakfasts will increase by 10 cents. The district remains in the federal Community Eligibility Provision, so student breakfasts and lunches continue to be provided at no charge. The board approved the change by voice vote.
Why it matters: officials said the homestead-credit transfer is a one-time step districts may use to reallocate tax-related receipts after recent legislative changes; the adult-price increase adjusts nonstudent revenue lines while preserving free meals for students under CEP.
The board also approved the June financial report and the consent agenda during the meeting. The financial report noted the district expects about $48 million in state basic grant revenue by year-end and that the most recent student count was 4,844. Officials said the district paid about $4.3 million in long-term debt in June as scheduled.
The meeting included other routine items: the board welcomed new kindergarten teacher Nicole Miller, who said she will teach at Softview and has a master’s in library science, and recognized custodian Liberta Kirkland for 25 years of service. The board set its next meeting for the day before students return to school.
Votes at a glance: • Consent agenda — approved (voice vote) • June financial report — approved (voice vote) • Homestead-credit transfer ($118,447.13 from debt service to operations) — approved (voice vote) • Adult meal-price increase (lunch +$0.25; breakfast +$0.10) — approved (voice vote)
The board did not publish a recorded roll-call tally in the meeting transcript for the votes; outcomes were announced by voice vote and recorded as approved.
