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District finance update: JUUL settlement proceeds, SRS funding explained, IC reporting work to improve graduation rates

Mountain View School District Board · December 20, 2024
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Summary

The business manager reported a $5,300 JUUL settlement payment (bringing total JUUL funds to roughly $16,600), explained Secure Rural Schools (SRS) funding is allocated per county and per student, and described work correcting IC coding to better reflect true graduation rates.

The district business manager (speaker 12) briefed trustees on financial items including a recent JUUL settlement payment of $5,300 that increased the district's drug-free funds to approximately $16,600; the funds were allocated back into drug-prevention resources.

She also explained Secure Rural Schools (SRS) payments are distributed by county and then divided by students in the county, not strictly by district boundary. The business manager described ongoing work with principals and counselors to correct student records in the state's IC system (miscodes such as early-graduation flags) to produce more accurate graduation-rate calculations.

No budget reallocation motions were taken at the meeting; trustees received the financial update for information.