001[Music] I pledge allegiance to the flag of the United States of America and to the republic for which it stands, one nation under God, indivisible, with liberty and justice for all. >> Okay. Um this is a public hearing. It is uh we conduct it uh traditionally at this time each and every year. It's required. It has for years been required by Indiana code uh in advance of us publishing our budget uh each year. So this public hearing will be conducted this evening to uh in prior to advertising our 2026 budget. Um so the first item this evening is to uh approve the agenda. There is no agenda. So I would uh entertain a motion to approve the agenda as presented. >> Second. I have a motion and a second to approve the agenda as presented.
002Is there any further discussion? Hearing none, all members in favor signify by saying I. I. >> Those opposed, same sign. Eyes have motion carries. So, we'll move on to the two items for discussion uh this evening before we open for public comment. Uh first of all is discussion on the 2026 budget. Uh Dr. Williams. >> Yes. Members of the board, as we talked about the last board meeting, the form three to taxpayers for the 2026 budget year has been published in Gateway. Uh it will go out uh again tomorrow and then at the September board meeting, we will ask for your approval for the 2026 calendar year budget. Uh as I mentioned at the August meeting, uh the education fund will decrease by about close to $500,000 this year is what we are asking for.
003The operations budget will remain the same and the debt services fund advertisement will increase by about $300,000 as we look to pay down some of this debt that's been planned through Picker Tilly for a few years now. So, uh I would be happy to entertain any questions at this time on any of the education um operations or debt services. >> Any questions for Dr. hearing and seeing none, we'll move on to the second discussion item and that is 2025 additional appropriations. Dr. >> uh Mr. has uh item 3B states we will have requests for additional appropriations for the 2025 calendar year. Um if you remember at the end of December last year, we transferred all the 0900 the textbook fund into the education fund and we had a adoption of close to $300,000 in curriculum
004which will not affect our overall education balance because we did combine the two funds and we keep those separate within the same fund if that makes sense. That money cannot be used for negotiations or anything education except for textbooks. Um and so this evening we are asking to add an additional $275,000 um which will be under the supplies or textbook line. Um we're advertising and this would be approved at the September board meeting and then also operations, an additional $175,000. And as I stated, we had a very good year in operations with the revenue from uh Ernie Pile and revenue from selling back the iPads and our increased tax revenue. And so I would like to up that so we can uh transfer the money to the rainy day fund at the end of the
005calendar year, no more than 10% of the operations fund. So, those are the two main points this evening and then like I said, I'll bring those back to you at the subject. >> Any other questions for Dr. Williams on the additional appropriations? >> Okay, hearing seeing none, we'll move on to the public comment portion of tonight's agenda. uh both the 2026 budget and additional appropriation but 2025 additional appropriations are uh required to be hel uh u advertise for comment the public hearing so we'll open the public hearing now um however um I do not see any member of the public uh attending um so given that I would entertain a motion to close the public hearing >> so move Second. >> A motion and a second to close the public hearing. Any further discussion? Hearing
006none. All members in favor signify by saying I. I. >> Those opposed, same sign. >> Eyes have it. Motion carries. >> So the public hearing is closed and I would now entertain a motion to adjourn. I'll make a motion to