Mt. Vernon Board of School Trustees | BlueSky Meeting Solution

1. Call to Order

2. Adoption of Agenda

3. Public Comments Regarding Agenda Items

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

4. Public Hearing: Additional Appropriations

Mr. Greg Elkins, Chief Financial Officer

NOTICE TO TAXPAYERS OF ADDITIONAL APPROPRIATION

Notice is hereby given to the taxpayers of the school corporation known as Mt. Vernon
Community School Corporation (the "School Corporation";) that the Board of School Trustees
of the School Corporation will meet at the School Corporation's Administrative
Service Center,

1806 West State Road 234, Fortville, Indiana, at the hour of 7:00 p.m. (Local
Time) on January 12, 2026,

to consider the following additional appropriation of the bonds (the "Bonds";) which the Board has determined to issue. The Board considers such additional appropriation necessary to meet the need existing at this time:An appropriation in the amount not to exceed $12,210,000.00 from the proceeds of the Bonds, including all original issue premium and all investment earnings thereon, to be deposited in the School Corporation's Construction Fund (Fund#2301) on account of the (i) renovation of and improvements to school corporation facilities, including roofing improvements, site and athletics improvements, building renovations, and the purchase of equipment and technology; and (ii) purchase of buses and maintenance vehicles (collectively, the"Project";) in the School Corporation, including the incidental expenses necessary to be incurred in connection with the Project and the issuance of Bonds on account thereof. The funds to meet such additional appropriation are to be provided by the issuance and sale of Bonds by the School Corporation.The foregoing appropriation is in addition to all appropriations provided for in the existing budget and tax levy, and a need for such appropriation exists by reason of the inadequacy of the present buildings to provide necessary school facilities in the School Corporation.

Taxpayers of the School Corporation appearing at said meeting shall have the right to be heard in respect to the additional appropriation. The meeting will also be available to stream live from https://www.youtube.com/@MVCSC1/streams.

Dated this 4th day of December, 2025.