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Board approves Treasurer's Report, fund transfers and pay increases including 3.5% raise for non‑negotiating staff
Summary
By unanimous vote the board adopted the Treasurer's Report and warrants for April 2025, approved fund balance transfers ($150,000 to reserve for retirement contributions; $30,000 to insurance reserve), a 3.5% or $1.00/hour increase for non‑negotiating staff, and set Head Bus Driver/Work Crew Leader pay at $62,671 for 2025–26.
The Stockbridge Valley Board adopted the Treasurer's Report for April 2025 and approved warrants for the period April 1–30, 2025, listing the General Fund warrant at $700,522.84, the Lunch Fund at $19,658.40, Special Aid $986.69 and Capital Fund $211,005.05. The motions were recorded as carried 4–0.
Separately, the board approved a 3.5% salary increase (or $1.00 per hour) for non‑negotiating staff for the 2025–26 school year and fixed the Head Bus Driver and Work Crew Leader salary at $62,671 for 2025–26. The board also approved fund balance transfers: $150,000 from the General Fund to A827 (Reserve for Retirement Contributions) and $30,000 from the General Fund to A863 (Insurance Reserve for Deductibles/Claims). These financial actions were recorded with motions and unanimous votes in the June 10 minutes.
