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Ely board approves December finances, legal and banking designations

School Board of Independent School District No. 696 (Ely Public School District) · January 13, 2025
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Summary

The board approved December receipts of $885,130.60 and disbursements of $316,382.86, designated Klun Law Firm as district counsel at $135/hour, and named district financial institutions and the Ely Echo as official newspaper.

The board approved the Program Consent Agenda that included the December 2024 receipts of $885,130.60 and disbursements of $316,382.86, and accepted the December financial report. The board also designated Highland Bank, U.S. Bank, Minnesota School Liquid Asset Fund and PMA Financial Network as district financial institutions, and authorized Jordan Huntbatch to conduct electronic fund transfers.

As part of consent items, the board designated Klun Law Firm as district legal counsel for 2025 at a rate of $135 per hour (the minutes note the 2024 rate had been $125/hour) and recommended the Ely Echo as the district's official newspaper for the year. These administrative approvals were adopted as routine consent items and recorded in the minutes.