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Board hears operations updates: 10 bus routes active; capital threshold raised to $10,000
Summary
CSBO Dr. Teri Shaw told the board that ten bus routes are now operating, Policy 4:80’s capital threshold will increase from $5,000 to $10,000, and an information item under Policy 4:30 lists district depositories and an investment advisor.
District Chief School Business Official Dr. Teri Shaw reported multiple operations and policy updates during the Dec. 17 meeting. "Ten bus routes are now up and running," Shaw said, confirming routes have resumed service. She also outlined an upcoming policy change: Policy 4:80 will change the district’s capital threshold from $5,000 to $10,000. Additionally, the board received a new information item under Policy 4:30 that lists the district’s depositories and investment advisor.
Board members discussed receiving an update on the custodial company; the minutes record the discussion but do not list a directive or timeline for that follow‑up. The Treasurer’s report showed Beginning Cash on Hand (11/1/2025) of $16,114,676.95 and Cash and Investments (11/30/2025) of $13,854,363.53.
Why it matters: changes to capital thresholds affect procurement and capital accounting, while bus‑route restorations directly affect student transportation and daily operations.
