Carroll to borrow $800,000 because of tax draw delay
Carroll School Board will proceed with obtaining an $800,000 bank loan for its general fund. Also called a tax anticipation warrant, the temporary loan will be paid back when the school corporation gets its tax draw.
Superintendent John Sayers said the deficit in the general fund is due to the delay in the whole process of tax statements going out, people paying their property taxes, and the schools receiving their portion. Sayers said the loan will replenish the general fund and will go toward payroll and other day-to-day expenses.
The decision to apply for the loan was made at the board's regular meeting on June 3.
In other money matters, the board voted to transfer $350,000 from the Capital Projects Fund to its Rainy Day Fund.
The board also approved an expenditure of $11,684,65 for a roof top air conditioning unit to cool the room that houses the corporation's phone and server equipment. It will be purchased from Geotech and paid out of Capital Projects.
The corporation's website policy, with proposed changes, is posted on the school website in order to get input from the public. It will come before the board at a future meeting.
Angie Veach, the corporation's technology director, has formed a website committee to examine the website policy and to work on developing more continuity on the school website. Members of the committee are Veach, Judy McCracken, K-12 web administrator; Amy Cottrell, member of the CES staff; Katie Seward, CJSHS web design teacher; Malena Zook, senior; Trey Overholser, freshman; and Sam Zook, board member and corporation web administrator.
The board approved a noncertified personnel salary schedule, giving a two percent pay increase, effective July 1. Sayers said the schedule includes summer bus drivers. An approved amendment extends the contract of the technology director by 30 days. Also approved was a pay increase for summer student employees from $6 to $7 an hour.
Administrators salary schedule was also on the agenda, but was tabled.
Emily Schneckloth was hired as a summer swim employee.
A cash tuition request from Miriam and David Pickens for their three children to continue attending Carroll Schools was approved for the 2008-2009 school year.
Permission was given for Flora Little League players to use a school bus for a trip to Victory Field in Indianapolis in September.
The high school cafeteria will be used for a benefit dinner for the Todd and Cheryl Shaffer family on June 25 from 4 to 9 p.m. The fee was waived.
A conference request was approved for Principal Charles Huckstep and Guidance Director Kristen Seward. They will attend the Model Schools Conference June 22- 25 in Orlando, Fla.
Fundraising requests will be considered at the next board meeting, June 17 at 7:30 p.m. at the Administration Building. The meeting will be preceded by an executive session at 5 p.m.












