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Board unanimously approves consent agenda, names depositories and delegates fund authority

ROYALTON PUBLIC SCHOOL DISTRICT Board · September 22, 2025
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Summary

The Royalton Public School District board approved its consent agenda 6–0, endorsing minutes, claims, personnel changes, policy readings, naming official depositories (including Pine Country Bank and MN Trust) and delegating investment and electronic transfer authority to Business Manager Todd Netzke.

The Royalton Public School District board approved the full consent agenda in a unanimous 6–0 vote.

Board member Ellie Holm moved to approve the consent items and Board member Randy Hackett seconded the motion. The approved consent package included minutes, claims and accounts, personnel changes, an MOA for FY26 e-learning days, final policy readings, the 2025 track fundraiser, and financial delegations.

As part of the consent agenda the board designated Todd Netzke and three institutions as official depositories for district funds: Pine Country Bank, the Minnesota School District Liquid Asset Fund, and MN Trust (PMA). The board also approved authorizing Todd Netzke, identified in the agenda as the Business Manager, to invest district funds and delegated authority to make electronic funds transfers to the Business Manager as required by the auditor.

The motions and votes recorded in the transcript show the board approved these administrative and financial delegations without dissent. The transcript does not record debate on the specifics of investment strategy or depository selection in the provided segments; those details, if discussed, are expected in fuller minutes or in staff reports.