The district’s finance officer reviewed investments and fund balances, reporting about $12 million in certificates of deposit and warning that Senate Bill 1 could produce $4.5–5.0 million in near‑term revenue pressure and a possible $2.4 million hit in 2028; board scheduled further review and a work session.
The New Albany‑Floyd County school board approved a three‑year workplace learning agreement with 2 20 Youth Leadership LLC after debate over a roughly $172,000 contract and uncertainty about how many student enrollments are needed for the program to 'pay for itself.'
Doctor Madison presented a first read of proposed changes to Policy 0167.3 to clarify public comment timing, sign‑up procedures and processes for personnel allegations; board members questioned moving public comment to the start of meetings and whether sign‑up information should be public.
The school board approved a free facilities and program review focused on Scribner and Hazelwood middle schools to investigate enrollment decline and equity of programs; the vendor will hold focus groups and report findings for board consideration.
District speakers and a parent testified that the in-house pre-K helps 4-year-olds acclimate to school and build academic and social skills; the district is holding open houses at each elementary on Jan. 13 from 5:30–6:30 p.m. for families interested in enrolling.
The New Albany Floyd County Schools board held its second public hearing and adopted project, preliminary determination and reimbursement resolutions enabling up to $395,000,000 in borrowing to fund roofing, HVAC, safety and other facility projects; administrators said the plan is designed to be tax-levy neutral.
The board unanimously approved the consent agenda, which included transfers, vendor renewals and program approvals; members also approved a resolution to list and sell the Prosser Construction Trades student-built house at 4005 Fields Lane and supported expanding Blessings in a Backpack to seventh and eighth graders beginning in January.
A former employee identified as Ally (Miss Ford) accused the district of ignoring harassment complaints, said a settlement referenced by the district did not involve offers to meet with her, and urged the board to lift nondisclosure constraints so other employees can speak publicly about misconduct concerns.
A parent told the board his son was required to attend an evening Winter Fantasia performance amid a National Weather Service advisory and questioned why the district did not postpone or mitigate icy sidewalks; Superintendent Dr. Madison apologized and said the district "got it wrong."
The New Albany-Floyd County School Corporation held the first of two required public hearings on a district-wide capital plan dubbed Vision 2030. Bond advisers outlined a $395 million maximum borrowing, estimated $252.9 million in interest, and said the debt-service levy would not increase when existing debt retirement is factored in.