001States of America and to the republic for which it stands. One nation under God, indivisible, with liberty and justice for all. >> I'd like to call this meeting to order on September 22nd at 602 for board of school board of school trustees of Brown County School Corporation. >> Do we have any modifications to the agenda? No >> uh recogn recognition of visitors comments from the audience doesn't look like any and we have a presentation. >> Yeah, I'm super excited and grateful that um Barrett Gardner who's our partner with policy analytics is here tonight to um give us a little brief update on the 2026 budget and some of the impacts from Senate and Act One. How are you? >> Thank you. Good evening. Uh so couple different pieces to walk through tonight. Uh the first
002uh just kind of helping the district work through the um DGF budget process kind of walk through and things really in general tonight. Uh this is really informative. Um within this the board will not have any required um actions u until first the um the October 6th board meeting. Uh there will be some resolutions um capital asset plan, bus replacement plan, those types of pieces brought forward for review. Uh and then the actual budget approval uh on October 20th at the board meeting. So still some time. Um, again, some of this we're hoping to get some assessed value numbers in, um, you know, finalize some different pieces, but we'll walk through this. Again, we often talk that the DGF budget, uh, is the authority to spend, not our ability to spend. That's what we manage
003on a monthly basis with the district. So, we're in essence looking to establish those thresholds for, you know, 2020 calendar year 2026, uh, in this. And that's what else to say is also hard too. Budgets are we work in school years, right? Which run, you know, more August to to June, but we budget on calendar years. And so, um, so we'll walk through this tonight. Um, more than happy to to answer any questions. Really just some overview. Again, our education fund is funded from the state. Uh, the per student um threshold. There's a tuition support formula that has our basic grant as outlined here. Um, and also has categorical grants such as special education, uh, NESP and some others that add into that overall kind of per student amount that create our revenue inside of
004the education fund. Um, kind of new really the course of this year is we in the past have had a curricular materials fund uh, support textbook purchases. Uh part of the state legislative changes was to eliminate the curricular materials um fund, excuse me, and to push all of that into the education fund. Uh and part of the state tuition support dollars now are intended to cover curricular materials where uh if you remember last year, you may have heard there's a roughly call about $160 per student amount for curricular materials. That was a separate u kind of account held separately. They've wrapped that in now to this basic grant figure uh and just included that. So that's a new kind of wrinkle. The operations fund is funded by the maximum levy growth quotient. Um and for
005the most part the district receives the majority of those dollars. Uh the debt service fund is really established by your debt payments uh around any projects. It's levy driven and that'll be established and approved by the board in this process. Uh and then again referendum rate uh is established uh there by the board as well that will generate that revenue for the referendum fund. Uh assessed value uh this has been a positive I think overall again assessed value sometimes say is our wallet helps generate the potential revenue for the district. uh it has been growing. We still do not know 2026 assessed value which will impact the rates and the revenues in this budget. Um and so that's why at times as well we have to approve some uh estimated figures because we often don't
006have the assessed value in time before we have to submit these documents to the state for initial u the board will approve some of these here in the next month or so. we may not have assessed value, but the state doesn't finally officially approve your budget until December. Uh so there is time for that process to be uh worked out. Um so we'll continue to monitor that to see when that may be released for the district. Overall uh our 26 estimated uh budget figures are outlined here. This is what will often go on what's called a form three, which will be our advertised budget that we will post uh on Gateway. Um, and how about publicly? Again, this is these we say the ceiling or the thresholds that we can spend up to and can't
007exceed uh that we're attempting to set. And again, we often set those high um as estimates because we know in this budget process over the next couple of months, we'll draw we'll draw those down uh once we know some of those data figures uh from assessed value and rates a little more appropriately within that uh similar process that the district has gone through in previous years. Uh this just really outlines uh your current uh projected debt service payments for 2026. we have that anticipated debt because we're still looking to sell the bonds associated with the projects and so until we know that levy amount uh we just again approve and so that's why that's also a little higher is um until the general steel can fine-tune that payment uh and decide how what's most appropriate
008in terms of a payment structure over the next several years. So uh that'll also be fine-tuned as that process happens over the next month here I think and then those budgets uh those levy are then generate our advertised levies again the levies are the revenues that we are uh anticipating to generate um the operations fund again is typically we want to maximize that u it is driven by that growth quotient factor so more than likely that'll come in closer closer to that um 6.2 million, but again, we can always draw that figure down. Same with the debt service. That level will be determined depending on once we set those final payments. Um and then the operating referendum h that is advertised high. Uh my guess is it'll come in probably in the 2.2 2.3 million.
009Um but that's driven by assessed value which we don't know yet. So worst thing is we want to do is under advertise because if they're it comes in higher then the district will not have access to some of those dollars right we can always come down but we cannot raise those once we approve those. So um so again that's a figure I believe will come down in terms of a levy once we know assess value at the end of the day. Uh this chart I think is a great uh chart here overall. um a little bit uh zoom out there. The kind of tealish bar shows often where the the rate has been advertised in previous years by the district. And then the yellow bar is what's actually been adopted. And again, this is typical
010school districts across the state. We always typically approve a higher rate not knowing where assessed value comes in uh because that can determine where the rate actually ends up and again if we underadvertise that rate there's not a chance to go back and raise that after you officially approve these form. So very typical that we often advertise a higher rate. So, I know we see that 71 cents. We anticipate that being doubed in much closer to around that 60 cents the district's been over the last several years in terms of an overall um tax rate here for the district, which again average state tax rate is around a$14. Uh so when you're sitting at 60, you're obviously sitting at a rate that is um on the low end from the state average as is your
011debt service rate overall. >> Yeah. 60 would be like the total school. >> Correct. >> Great. >> That's correct. >> Any questions uh about any of that? I'm going to go into a little bit of the budget to bust replacement capital assets, but anything on the budget figures or levy figures at this point. Just real quick, um, part of the the process with the Department of Local Government Finance is that the district approves a 30-year capital improvements plan. Um, I will tell you this is a difficult plan for any district to establish because you're trying to lay out where you anticipate to spend the dollars over the next from January one of 2026, four months from now until December of June of 2026. So, a lot of districts do what I know uh just what
012you've done in the past um prove just really some generalized categories in which we may spend some dollars technology um kind of building equipment uh and safety equipment. Um it's really what's established by the the capital assets plan. So again, very similar what the district has done in the past. Um just in case you need to use operations dollars for some of those capital improvements across the the district and it allows that process. The last is the um bus replacement plan. Uh you know been working with the district as part of this process and this is what we update each year. Buses are typically on a 12-year replacement cycle. Um, and so we lay out the the district buses when we would potentially look to replace those. I think it's important to understand this is
013a plan. It is not set in stone. There's no requirement to purchase any buses within a given year. Um, it could be one, it can be two. uh it's really up to the needs of the district, but this is really laid out based on their life cycle and where we would start to anticipate uh buses potentially needing to be replaced. Uh and you can see then it has a cost dollar associated with them. It's going to be dependent on the type of bus and obviously we're expect some inflationary pieces moving forward. Um buses are hard, right? They're like used cars. You can have a bus that has lots of miles but runs really great and you can have a bus that doesn't have a whole lot of miles that has lots of issues, right? And
014and so you see that in those cycles. So again, this is really just an overall plan of how the district could potentially move forward that's required as a part of this um budget process. Overall, uh I think that is really the the piece again um we would again no action is needed tonight. This is really just kind of that first pass of initial information. We'll be working with the district to uh get these um these thresholds published uh set up for that public hearing um the bus replacement pan plan posted the capital assets plan posted uh for the district to have that public hearing on October 6. Again, there's no action taken with that. Um there's chance for public comment. we would approve a couple of resolutions around your education and operations fund transfer. Um
015and then uh at the October 20th meeting, we would bring forth that budget. Uh again, again, we expect that tax rate to hold fairly steady. Uh once the board approves the budget, the district submits that to the state and then it goes through the state approval process and then approximately December, the district receives their approved budget from the state of Indiana. will know assess value and really dial in those have the opportunity to set the rates according to the needs of the the district. Um once we know that information >> with that >> and when does the AB usually come out >> uh statutoily um it's an August 1 date though I will tell you across the state it's anything in between uh now and August 1 I think currently um >> you mean next
016August 1? No, I was first this year. >> The one that was passed. Okay. >> Yeah. So, um I will tell you this year's been a little bit more delayed because of some we're going to talk about Senate and rolled act one. Uh some of those legislative changes impacted the the role of the auditors uh across the state, the assessors and so it has been a little bit more delayed than than previous years. Um we have about 80ish or so percent of the counties that have released their ABS. Um we expect for the next month that we should hopefully have Brown counties as as well but they have had some additional things to work through this year for sure. >> So can you summarize the budget here? You know if you had the the elevator
017speech about our budget this year or compared to last year what would you say? >> Uh I stay fairly stable again operating under really similar parameters. Um, you know, your education fund uh is really going to be again driven by uh your enrollment because that's going to drive your dollars. Um, your referendum fund is going to be driven this year again by that assessed value, but I'd say revenues are going to be pretty similar um slightly up as we typically expect. Tax rates going to hold fairly steady again overall uh comp previous years. Uh so I think it's a pretty stable budget. Um, and you know, I just always caution that uh in this we're always typically advertising high that we're going to dial that in. >> Okay. So, no major concerns in any of
018that. It looks pretty similar to prior years. >> Pretty pretty straightforward >> except for what we're going to talk about >> except we're going to talk about future years, but 2026 we're going to hold on to some stability for this year. >> Thank you. Any else I can answer about? >> Well, the I have a question. Um, will the on the 20th when the board approves the actual budget is is that that form? >> No. So um what the board will approve um will be um really the overall uh form three that we're going to advertise. So, so really it's going to be at the board approving um approximately again I don't see any changes these figures in terms of the overall budgets um you know your debt these debt service payments uh these levies
019and those appropriate rates that's what goes to the state um then in December the district will receive what we call the 1782 which is our budget which they will go through their process and again by that point we'll have sold the bonds. They'll make sure that your debt service uh levies are dialed in with your actual bond needs. Um and so they'll dial all those pieces in and give you an approved budget. Um you have some chance you have about 10 days in which you can say that you know you want to um maybe make an adjustment. You can make an adjustment with the referendum if you chose to. So you have about 10 days to respond um statutoily and then it's finalized for that piece. >> So the form three is what gets put
020on the website. It gets published to gateway and then in December they will give us the 1782 which is the actual >> correct you're you are approving a proposed budget an estimated budget. They'll come back kind of with that actual piece and work with you to finalize and to set it really in stone for the 26 year. So, um I think my next step is to move to uh Senate and Road Act one. Uh there's a lot to unpack. I'm going to try to stay pretty high level with though you may not think I am. Um unfortunately. So, Senate Rule Act one uh was signed into law by Governor Braun back in April. Uh really reestablished the property tax system here in the state of Indiana. Uh was designed to create some homeowner property tax
021relief and um really just changes the way in which property tax were generated. Property tax revenues are generated. And so tonight, I'm just going to kind of walk through again the major changes that we are seeing uh and what the district's going to see in terms of potential impact. Again, we don't know these finalized yet, at least for 26 uh because we don't have assessed value. And we're also projecting out really the next several years uh based on the mechanics of the bill. Um really we see three main uh kind of overarching impacts for the district. Um the mechanics of the bill are going to have impact on the tax rates which we'll outline here in just a moment. Um it's going to have impact on the levies or the revenues that the district collects.
022Uh and there's some impact in the taxpayer that we're going to take a look at and highlight uh within this. All school districts are going through this. U all county units of government are going through this. Uh it's this is really a systematic change. Uh we're just going to try to localize it to to Brown County schools. Um, I'm going to skip a couple slides here. Really, the the big piece is they've changed the deduction structure. So, for a homeowner, um, they're going to receive phased in over the next six years. Um, going to move away from what we call a standard deduction plus a supplemental to a supplemental only at 66% or 2/3, which is a larger deduction. So homeowners if they ever look at their t property tax bill have a gross assessed
023value which is somewhat comparable to the market value of what they could sell their home for and they get deductions off of that to what we call a net assessed value. We tax on the net assessed value. The big stroke and kind of broadstroke is when we increase deductions we're going to drive down net assessed value and that's going to have impact on your rates and your revenues for the district. So, this is one of the places that we see this. The second thing they did for homeowners to create a little more immediate relief was to institute a 10% up to $300 liability credit. Okay? So, if I'm a homeowner paying $1,500 in property taxes, this would say I would get $150 off of my property tax bill and I would pay instead of 1,500
0241,350. the homeowner. The challenge for the school district is that that $150 that's no longer being paid is revenue that will come to the school district and to the other the county and the city and other local governments. So, it's a revenue impact in this piece and this happens in 2026 and we'll see this in your revenue impact. It's going to cost some fewer dollars for the district. The other is that they uh introduced new deductions to the 2% class. Our 2% class are um apartments, kind of non-residential homesteads, long-term care, uh and agriculture. They've not had deductions in the past. Again, this is phased in over the next six years from 6% this 26 budget moving all the way to a one-third deduction when fully put into place. Biggest thing to understand there is
025we're increasing deductions for this class. When we increase deductions, we drive down that assessed value that impacts rates and revenues. Uh so this is another area within them. Um they did make some changes to the business personal property. Um you don't have a whole lot of business personal property here in the district. So u not a whole lot to to really go into here. Kind of show that here within this report. This breaks out the net assessed value. This is what it's going to generate revenues for the district. You are primary residential. You know 88% of your assessed value is residential. So what happens in the residential sector is really what's going to drive you know assessed value which is going to drive rates which is going to drive revenues. Um, and so that's really
026I think the thing for the district and this is an area where we're going to start to again give some additional deductions which causes some of the impacts that we're going to see. Um, so what does that start to look like? I'm going skip a few of these pieces here again just to stay high level. This chart attempts to show what we're seeing moving forward with assessed value. The green line is gross assessed value. That's before deductions. uh they did not change the assessment system so it continues to grow which is a positive thing. Um the orange line though represents the net assessed value after deductions and you can see that from 2025 until 2031 that orange line declines. Why? Because we're increasing deductions each year. Those percentage deductions get larger and larger and that's
027going to drive down that assessed value. The trouble is then for the district when it comes to revenue, especially around the referendum, you take a tax rate 10 cents times assessed value, it generates the revenue. Assessed value goes down, as we'll show later, the revenue generated from the referendum is going to go down. And so that's going to be again a challenge for uh the district. And it's really driven by this chart. So what potentially could happen? Um first this is looking at the total school district tax rate. Um right now again 2025 it's set at that roughly 52 cents. Um the dash lines are preenetate enrolled one projections. The solid line is post Senate enrolled one projections. What you see is over the next six years the tax rate is going to increase regardless
028of what the school district does. One of these scenarios is you keeping your debt service levy or revenue the same all six years not increasing no additional revenue and yet the rate continues to grow. That is the mechanics of the bill. As the net assessed value goes down it's going to drive up the rates. And so that's hard because you'd look at this chart and say rates are going up. You're increasing rates. You're generating all this new revenue. No, you're not. And it's the same story for all school districts. Uh this chart looks very similar. The numbers are different but the shape is the same but all districts are facing this but rates are going to be going up and we're in many cases uh actually generating fewer dollars in revenue because of the mechanics
029of the bill not more which doesn't make any bit of sense to what we're used to right. Um this is going to impact the county. it's going to impact the other units of government as well because they will have under property tax funds and they will see some similar mechanics. Um we we often isolate the debt service fund because there's some additional scrutiny at the state level. They put in some additional thresholds around your debt service rate. What we know is your debt service rate is going to go up again even if you keep your revenues the same. Um the fortunate really fortunate part for the district is because your debt service rate is extremely low. You are not anywhere near any of these thresholds in terms of any additional steps or limitations that some
030other districts across the state may face. Um the first one that that you start getting into additional steps around your debt services at 40 cents. And you can see even over the next six years you don't get near that 40 cents. So, um, that's a benefit in terms of the school district, some additional flexibility that not all districts will have. Um, thinking that's due to having just an extremely low rate, the debt service fund to to begin with. Okay, revenues. This is the other important piece here, I think. Um, again, I'm going to focus on the lefth hand side of this chart, the red lines. Uh the dash lines show what we would have projected prior to sent road one uh in terms of your operations fund revenue. The solid line is what we would
031expect now. And we really see a dip from that does not keep pace in calendar year 26. Uh and that is because of that new 10% credit mentioned earlier that homeowner paying the $1,500 that now doesn't have to pay $150. the $150 proportionally that's not coming to the district is revenue that you're not going to collect. And so you will still get more in 26 than you got in 25, but you will not receive the full amount that you would have prior to the legislation. So again, as we think about how we've modeled out your cash flow in the past working with the district, we're now having to change those those assumptions because the revenue is not going to keep pace of where it has historically uh in the operations fund. So that's one of
032the impacts within that piece. The other is the referendum. Um we see a little bit of a bump as we move to that 10 cent rate potentially in 26. Um but then from 26 to 31 you can see the solid orange line continue to decline. That is the revenue declining each year even though you're keeping the rate the same because again as deductions get larger the net assessed value goes down. So 10 cents a lower net asset value is going to generate fewer dollars. The challenge really starts to get into those future years because this has changed the way operations, excuse me, operating referendums have worked for school districts and that we passed a rate and we knew that it would have some inflationary growth in the future to help as you know salaries would
033maybe potentially go up or utility cost or the different non-discretionary costs of the district to go up there be some buffer for that. Now that revenue is going to go down while we know expenses will continue to climb. And so unfortunately the revenue doesn't meet the targets that we had hoped when the referendum was passed back a couple of years ago. And that's just again unfortunately the part of this legislation that you don't have control over uh at the end of the day. And so this is going to be kind of an overall revenue impact. And so, you know, when we put these pieces together on the left hand side here, this is says non-debt revenue. So, we're talking your operations fund and your referendum funds combined. The dotted line again shows what we would
034have projected. The solid line shows um where we are today or excuse me where we project today. that differential grows over time that come 2031, the district is potentially going to receive about a million dollars less in revenue than what you would have received in 2031 annually um than prior to center one. So while the impact is somewhat smaller in these first couple of years, it continues to grow and grow, right? And that's one of the things I think that to be aware of. Now, again, positive piece within this, I will tell you, is there are definitely districts that u work with 95 school districts across the state. Okay. Um, you are definitely in the top half, maybe the top 25%. Um, how to frame this? Oh, least bad news maybe is a way to
035say it. I don't know if it's a great way to say, right? Um, but there are districts that have a lot worse impact. I think again there are roughly 80 or 85 districts that will have fewer dollars, less money in 2028 than they do today. Now, you still have more dollars coming in than you do today in this. So, that's at least a positive there. So, to contextualize this, right, because I know this chart looks, oh gosh, and there's going to have to be some adjustments. The positive piece is the district's in early financial solid footing. Um, again, we're monitoring this. This is why we do that cash flow. We project it out over the next 10 years. Um, this could change. You know, there's legislative sessions, right? We don't know. These are projections, but
036at least we're modeling that out. Um, but I will definitely say you are in a situation where you're not as impacted as other districts. You have some strong financials. we have some strong cash balance that we can weather these pieces uh and not have to I often say knee-jerk react uh in terms of these pieces but we can strategically monitor this uh as we move forward which is definitely a benefit that not a lot of districts have in terms of this legislation. So unfortunately it's just there is a tightening of the belt that the legislators believe schools can do and that's what this legislation was somewhat intended was that they felt there were dollars and the schools could tighten their belts. Uh and that's so it's not surprising to to really see this impact. >>
037I guess I want to point out that those red lines do not mean we're in the red, right? >> Correct. Probably should have used blue and teal. Yeah, I was going to say I just want to be clear that that your your analysis there is that we are going to stay in a healthy position and in the and what we call in the black, right? >> Yes. Yes. >> Yeah. These are just annual changes within your particular funds over the next few years. The last piece that's probably the most nuanced is this impact that's potentially out there loom and go for your taxpayers. Currently, there is a local income tax that is collected at the county level and it is used to fund a property tax replacement credit. Sometimes it's called PTRC for short. PTRC
038is meant to lower the liability of property taxes for a homeowner. So, they take income tax and they use that money to distribute it to the schools so that homeowners don't have to pay as much property tax. All current local income tax agreements go away in 2028. When that property tax replacement goes away, so does that support for the taxpayer. And that's why you see this potential tax bill going from in 2027 $830 to roughly $130050. Very substantial jump in the property tax, right? Um, couple of things I think to digest. A one, first and forth, this is a projection, right? This I get back to some legislative sessions and I think some things, but we have to, I think, be aware of what could potentially happen. Could the county reestablish um a mechanism to
039replace the current property tax replacement credit? We've heard from some of those in the state house that yes, that's a potential out. That means in 2027 they would have to establish a new local income tax because the current one is going away and they would have to specifically market for funding around this. It's at least the initial things we're hearing. Um so that's one way that could help mitigate this. The other I think that is sometimes talked about the state house is um while in this modeling property taxes would go up. That's because local income tax is going down. So, a potential homeowner would pay less in income taxes but more in property taxes. Okay. Now, I'm not here tonight's not the night to say which is better or how what's that right math between
040that piece. Um, we have been modeling this because we wanted to see first and foremost would homeowners first and I'll step back see a that 10% deduction in their bill from 25 to 26. Well, you can see this. In this case, their bill stays the same. Why? Because first of all, they're only paying $800 to begin with. So, it's an $80, not 300. It's 10%. And we are projecting in 26 that the gross assessed value of their home goes up. As that goes up, so does their liability and it eats into that credit. So, they're not going to see, and I think that's I'm worried personally that there's some people a lot of people across the state hear $300 and think I'm getting $300. It's not $300. It's 10% of what you're paying, right? So
041in this case it's 80 but as that liability goes up. So they're not going to see that, right? So I think that's one piece that's kind of interesting the data because this was campaigned about historic property tax. So if that doesn't happen, what do we see in the 26th session? What do we see in the 27th session? And then I think the other piece, the reason we've modeled this is because we're seeing some changes around counties that have a significantly large property tax replacement credit. If it goes away and it's not replaced, it has impact. Sometimes that impacts on the school. Sometimes that impacts on the taxpayer. In your case, because people aren't near the property tax caps, that 1% statutory limit, it means there's room for their tax bill to go up. And when
042this PTRC goes away, there's room for that to go up. And so they're again less income tax paying, but they're paying more property taxes, >> which is about around the time that we would campaign for another referendum and they may see this bill go up and things that the school, right? >> That's right. You you know, you're thinking of 2030ish potential referendum and then 2028 skyrocket. It's going to be talked about for a while. And again, it's not anything that the school has done. It's the mechanics of the the bill um and whether or not the county chooses to come back and establish some sort of mechanism to push back against that. And that's very well possible, >> right? This is assuming the county keeps everything the same, >> but they they allow the thing
043>> they allow it to expire and they don't do anything new. Well, I shouldn't say this would also assume that um a county would not utilize a new local income tax for a homeowner credit. They could establish local income tax >> and not utilize it for a homeowner credit. >> Um not trying to say what the county may or may not do, >> right? Um, but it's specific in saying that they would need to assign relief for homesteads and their new lit to help push back against this. And for everything we're hearing at the state level, that's very well possible. It's just I think again there's a lot in this bill and there's a lot to digest and a lot of impact and we're just trying to help share that as it could potentially play
044out to create that awareness so that people can make informed decisions on maybe how to move forward. >> So are there things that like a our local government could do to help us have more income and is there state house level that could be done to help us have more income like what what would be some fixes that would benefit Brown County schools? >> Um so at the local level um I would say the the relief would necessarily be or the impact would not be for the school because the mechanics that could be determined at the local level um aren't really impacting the school, they're impacting the tax. So I think it would be just that understanding of how what's the policy in terms of local income tax versus property tax of how local residents
045want to see their dollars um be taxed I guess in a sense um from the statewide perspective you know you know you have the bucket that's the state funding formula that's really driven though by sales tax income tax the state level those pieces um you know, so it's them opening that that budget up. Um it's this 10% credit that's really impacting Brown County schools. Um so, you know, again, it's going to be around this policy. Um my worry to be as much as anything, um is I just want to be cautious that understanding of why some of these things are happening that there's not overreaction um to make things worse >> right at the end of the day because again while you have impact I wouldn't call it dramatic impact um I would mean more
046that this home I would phrase this from a legislator is this homeowners bill would have gone up more than 26 had you not done the 10% And that's a good thing. So, it's pushing back. So, it's helping the homeowner that their bill is not higher than 26 than what it would have been. And yet, it's not drastically overimpacting the school district in terms of your your revenue. >> I think the other piece would be just the referendum. You know, I think that's probably the biggest challenge is you approved a referendum under one set of rules and made your revenue and all of your financial projections based on that set of rules, that set of assumptions at the time and now they've changed those and it's changed the revenue. >> So, is there some sort of
047hold harmless list that would allow you to at least keep the same amount of revenue 26 moving forward? Um, I think that's another piece to potentially look because u you made it made you made what you thought was an informed decision and now the goalpost has been moved so to speak. >> So now we're not going to have increases, you know, to be able to keep pace with inflation, right? >> Thank you. >> Other questions? Neither of you can answer. >> Thank you so much. >> You're welcome. Um like I said, I think um once assessed value comes out and these were projections made this summer usually fairly accurate and where we see assessed value going, but we'll update all these, work with the district to dial those in. Um we'll provide the board an
048update of where we see 26 for sure coming in as we look at these changes, but long range, I think it's just something we have to continue to monitor and vote in. >> Do you think we'll have it before our October meetings? I mean, I know you don't know, but is that possible because then you would be able could you would you adjust the numbers then? >> Um, probably not. Well, you would not adjust the numbers at this point because we're going to post and advertise and you have to have those >> uh 10 days prior to the October 6 and you start working your way backwards. I think we have until Thursday that >> um so my guess is we're not going to have those enough to make informed decisions and changes. Um >>
049but that's okay because again the process allows us to get it right so to speak at the end of the day >> through the DLGF process. Um, but yeah, it's just when you start working your way backwards, it gets on you pretty quick. >> We don't get penalized for the fact that it's not done. >> That's right. A lot. It's right. It's a great way of you're protecting yourself to make sure that you're not penalized by not knowing assess values at this point because that's outside of your control. >> Thank you. Thank you. >> Thank you. It's great. >> You're more than welcome to stay for the whole meeting. Yeah. Yeah. Yeah. >> You asked about my hobbies before we came in. It is a little bit my kids. So, I am going to try
050to >> get back and see how practice went. >> I appreciate it. Appreciate it. I appreciate it. >> And we're going to see you two more times anyway, right? >> We'll definitely see you again. So, >> well, no, this six and 20 will be >> Oh, he does. You're not here for that. >> Probably. We'll we'll set up the district because most of those will be um I think pretty uh >> scripted kind of pieces within that. But more than happy any questions that come up prior to help answer those. >> Thank you. >> Yeah. Thank you. >> Be careful. Watch out. >> Okay. That brings us to discussion items. We don't have any. Can I get a motion to approve the minutes of September 8th, 2025? >> Second. >> Any discussion? >> Doug. >>
051Yes. Carol. Yes. >> Yes. >> Motion carries. >> Brings this to action. >> I have the recommendation to appoint Brandy Ireland to the Grand Valley Public Library Board. >> Can I get a motion to accept? >> So moved. >> Second. >> Any discussion? >> Vote. >> Doug, >> yes. >> Carol, >> yes. >> Vicki, yes. Amy, >> Yes. Motion carries. >> I have the recommendation to approve engagement for school finance support services with policy analytics. >> Can I get a motion to accept? >> Second. >> Any discussion? >> Yeah, this is um in the board packet just an extended contract to be able to provide training and support when the new treasurer is hired. So um Barry went over the the very brief of the budget presentation. um he has walked alongside me to be
052able to continue to make meet these deadlines um with the departure of our treasurer. So um yeah, I think it's not to exceed a certain uh dollar amount and I believe that somebody from policy analytics will be on site um once a week at a minimum and then obviously they will offer added virtual hours um for as much as the new person will need. Any more discussion? >> Yes. >> Carol, >> yes. >> Vicki, >> yes. Amy, >> yes. Janice, >> yes. >> Motion carries. >> And then agenda items with personnel. Um, we have the separation for Grand School's bus monitor, Crystal Wallace effective October 3rd, 2025 in the appointment schools maintenance. Coffee $14.96 per hour fulltime with benefits effective September 23rd 2025. >> Can I get a motion to accept? >> So moved. >>
053Second. >> Any discussion? Okay, let's vote. >> Yes. >> Carol, >> Yes. Amy, >> yes. >> Motion carries. Brings us transfers. We have none. And that makes superintendent. >> Yep. And I'll just be um brief tonight. Again, I want to thank our partnership with policy analytics. I I think since we have gone um in contract with them, I think this is year three now. Um they have just been incredible partners and and helped build vision out for Brown County Schools um with our forecasting. So just really grateful for them to to walk alongside us. Um I also want we had a great homecoming, the block party. Um, lots of people were there. It was really, really fun. Um, it was a close game. Um, so I just want to thank everybody, student council, everybody that
054had a part in homecoming week to make that memorable for kids across the whole district. Um, Eagle Classic at the middle school was on Saturday, was a great success. Um, so it was a really, really great weekend um, in Brown County. And then I was posted today the next issue of our Eagle Eye. So that uh was sent to our families uh via parent square. It's on our website. Um and then we have a couple copies um at each of our buildings. Um and then we will distribute some of them um in some of the business throughout. So just excited to share that and um everything that we're doing at B County. Thank you very much. >> Brings us to claim. Can I get a vote to accept >> second? >> Any discussion? >> Vote.
055>> Yes. >> Carol, >> yes. >> Vicky, >> yes. >> Motion carries. >> Can I add one more thing? No. >> Um I just want to remind everybody that um the next couple board meetings are are I mean every board meeting is an important meeting. Um but we have some presentations that are coming up and some votes on some projects that have been in motion for quite some time. So on October 6th um like uh Barry had mentioned we will do the public hearing for the budget and adopt those resolutions um for the 2026 budget u but also the design bill team from Tarquette um will be here to present the proposal for the final scope of the athletics project um and so there that's in person and and um entire team has worked really
056really hard to to get to that proposal in that final scope and then the board will vote on the budget and the athletic project on the 20th. Um, so they're pretty pretty big meetings that we'd love to have people here and to learn about it and support. So tell all your friends. >> I'm done. >> Okay. All right. Can I get a motion to adjourn this meeting? >> So second. >> All in favor? I any >> opposed to a journ.