03/10/2026 Spencer County Public Schools Work Session 2

Spencer County School Board · March 11, 2026

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54:32

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30:00

40:00

54:32

Overview of object codes, site-based budgets and Spencer County Elementary

Presentation

28:07 → 30:15(2m 8s)

The district presenter explained how object codes let the board track maintenance costs by site and showed Spencer County Elementary’s site-based budget structure (many small line items for staffing and classroom expenses). He said site councils allocate a 3.5% base allotment and noted examples (coffee, front-office supplies, field trips for economically disadvantaged students).

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A district finance presenter reviewed the tentative Spencer County school budget, outlining site-based budget tracking, transfers of $79,000 and $118,935 between funds, staffing-ratio scenarios, contingency and fund-balance targets, bus replacement needs (approx. $150,000 each), and a proposed 1% state funding increase; trustees were given two months to review the tentative budget.

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Transcript

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