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Wauzeka-Steuben board renews $1 million line of credit and accepts Nov. receipts and Dec. vouchers
Summary
The board renewed a $1 million line of credit with Peoples State Bank for one year, accepted November receipts totaling $103,525.34, and recorded December vouchers totaling $598,468.55 during its Dec. 16 meeting.
The Wauzeka-Steuben School District Board approved renewal of a $1 million line of credit with Peoples State Bank for a one-year term for the 2024–25 year on Dec. 16.
Trustee Martin moved to approve the renewal and Trustee Millin seconded; the motion carried on a 5-0 roll call. The renewal was recorded under Old Business and will cover district borrowing needs during the 2024–25 fiscal year.
As part of the consent agenda, the board also accepted November receipts of $103,525.34 and recorded December vouchers totaling $598,468.55. Detailed receipts and voucher attachments were provided to the board; vouchers list multiple vendor payments, payroll accruals, food-service charges and a $97,802.50 contract billing payment listed to Modern Builders, Inc. for a project billed to Fund 46.
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