Meeting Details
November 18, 2024
7:00pm - 8:30pm
1 hr 30 min
Mt. Vernon Administrative Service Center
Purpose
N/A
Please Reference Policies
H225 (Public Comments and Concerns) and
B225 (Meetings) for guidance on providing public input on an agenda item.
Board policies can be found at www.mvcsc.k12.in.us
Notice is hereby given to the taxpayers of Mt. Vernon Community School Corporation, Hancock County, Indiana, that the proper legal officers will consider the following additional appropriations in excess of the budget for the current year at their regular meeting place at Administrative Building Board Room, 1806 W State Road 234 Fortville , IN 46040 at 7:00 o'clock p.m. on the 18th day of November, 2024.
Fund Name: EDUCATION FUND Amount Requested: $3,000,000.00
Major Budget Classification:
10000 Instruction $ 750,000.00
20000 Support Services $ 750,000.00
30000 Community Services $ 0
40000 Nonprogrammed Charges $ 1,500,000.00
50000 Debt Services $ 0
TOTAL for EDUCATION Fund: $ 3,000,000.00
Taxpayers appearing at the meeting shall have a right to be heard. The additional appropriations as finally made will be referred to the Department of Local Government Finance (Department). The Department will make a written determination as to the sufficiency of funds to support the appropriations within fifteen (15) days of receipt of a Certified Copy of the action taken.
Dated: November 8-2024
Pridemark Construction - New Transportation
FE Moran - New Fortville Elementary
Quality Walls & Ceilings - New Fortville Elementary
Application for 2024 Fall Common School Technology Loan ($482,100) was submitted by 11/8/2024 to be paid back in 1 year via school's debt service at no impact to the 2025 tax rate. The 2025 budget presented in September and approved on October has this loan factored in. The school may accept, reject, or amend the terms of the loan, if approved. Common School Tech Loans are not subject to the current project thresholds (petition/remonstrance or capital referendum) and are not considered "debt" since they are an advancement of tuition funds.
Fortville RDC - Mrs. Meghan Britt
Cumberland RDC - Mrs. Kellie Freeman
Hancock Co. RDC - Mr. Phil Edwards
McCordsville RDC - Mrs. Shannon Walls
MVEF - Mr. Chad Gray