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USD 505 board sets fees, meal prices and official depositories; approves GAAP waiver resolution
Summary
The USD 505 board adopted meal prices, book and technology fees, designated official newspapers and bank depositories, and approved a resolution to waive GAAP for FY 2025–26 under KSA 75-1120a(c)(1). Several fiscal designations and determinations were recorded for the coming year.
At its July 13 meeting, the Unified School District No. 505 board finalized fiscal designations and routine financial items for the coming school year. The board named The Parsons Sun and Labette Avenue as official district newspapers and designated the Bank of Commerce (Chetopa) and St. Paul Exchange State Bank as official depositories. Officials set petty cash limits ($1,500) and confirmed the independent auditor, Diehl, Banwart & Bolton.
The board recorded student fees and meal prices for 2026–27: kindergarten book rental $20; grades 1–12 book rental $11; technology fee for grades 9–12, $25. Meal prices were listed as breakfast — Adult $2.25, K–5 $1.35, 6–12 $1.50; lunch — Adult $4.80, K–5 $3.20, 6–12 $3.35; extra milk $0.50. The board also approved a resolution to waive generally accepted accounting principles for fiscal year 2025–26 pursuant to KSA 75-1120a(c)(1).
