001To the flag of the United States of America and to the republic for it stands one nation under God indivisible with liberty and justice for all. Christina Hushman here. >> I'm here. David Kaufman >> here. >> Don Layman >> here. >> John Payne >> here. >> Brian Topping >> here. >> Jessica Farland >> here. >> Gretchen Thomas >> here. >> And Scott >> here. Next item special recognition. Move on to recognition of visitors and public input. Signed in. With that, we will move on to amendments to the agenda. It should be on the back of our make a motion to approve agenda. >> Second motion from Trevor, second from John. Any questions or discussion? Hearing none. All in favor signify by saying I. I. oppos. Next item, consent items consisting of regular board minutes, claims,
002personnel items, professional request, grants, and donations and the consent item. We'll make a motion to approve the consent items. Motion from John, second from Brian. Any question or discussion on those? None. All those in favor signify by saying I. >> All those oppos. I move on to action items. First item is consider approval of the Northwood High School student athlete handbook. >> You've copied the uh updated student athlete handbook. There were two minor tweaks that were made. App his work. I know we met with John and with Kurt to kind of go over a few of those items. The only two tweaks from the previous board meeting were some language on um facility usage and language on the APC coursework. So that was reflected in your board packet. So we recommend approval as presented. make
003a motion to approve the North High School student athlete handbook. >> I'll second a motion from Trevor, second from David. Any questions or discussion on that? Hearing none. All those in favor signify by saying >> I. >> All those opposed. Same side. That motion carries 6. Next item, consider approval of the textbook adoption for reading K through 5 through 8 and Middle School Music. These are the four different areas that we brought to you last time and had discussion around the reading adoption for elementary and middle school and then the music adoption for band for the middle school and the high school. More than happy to answer any other questions, but we're asking for approval for all four curriculum. Make a motion to approve the approve the textbook adoption for reading ELA and for middle
004school and high school music. >> Second motion from John, second from Trevor. Any questions or discussion on that? >> We talked about last couple chapters. I don't think we were going to carve them out. I think we were let do with the instructional coaches and let them know how it should be approached in teaching those subjects. >> I guess I understand I I thought if a teacher They would come to you if they wanted to teach it differently or just drop it completely, they would come to you and do an appropriate way of doing that. >> Yeah. And I think we also just talked that at our board retreat that we get together with administrators that we would just discuss again communicating with the administrators on those couple of topics. How coaches always do and
005how anything like this comes up with building administrators that we would just talk about how to handle those portions of the adoptions um in ways that just uphold our community standards. And in the instance of not being comfortable teaching something their personal values, things like that, that we would make sure that we talk about that with the administrators um kind of which already happens in the course of that. But just so that the board felt better about, you know, there's clear communication on this, they know exactly what we talked about in textbook adoption when we went through this that we would cover that at the board retreat with them. >> That was my understanding. wasn't like full chapters that are like dedicated to any specific subjects or a question. >> No, I mean the the
006one in question was it the the last chapter in I believe third grade >> um of the language arts that I read through but again when you look at the chapter test it's not material that's on the chapter test. So one we're not cutting out something that the kids are tested on two the title of the chapter is a little misleading because the title of the chapter leads you to believe that the whole chapter is about that when it's really not. Um, if you read through it, you can see it's more of a history type of thing and then that's one portion of it along with other theories and ideas that are presented in that chapter. Um, so I just think again discussing with administrators, with coaches, they'll be able to have those talks with
007teachers when they encounter those types of things. And uh yeah, it's I know I said this last time that's really it's it seems new this time because it was brought to the attention of the board and singled out, but in the wide variety of materials that kids are encountering throughout the course of a year in any grade level, I don't care what it is, there's always something that's going to come up that you have to work through those things with teachers. with parents, with certain students, and I believe um that our our administrators do a great job and our teachers do a really good job. There were things that teachers provided alternate assignments on all the time um to accommodate students and needs what they needed. So, I think it'll be handled like that. >>
008I agree. When we looked at that particular chapter, it didn't have much of an impact that if someone didn't teach that chapter, it wouldn't affect their test or anything like that. >> Wasn't a question, >> right? And like John said, the title mentioned one thing, but it was actually about four different theories that were mentioned referred to as theories actually mentioned more about the Hubble telescope than any theories. >> I don't know. We never got the last chapters. [laughter] I don't remember ever getting >> and you know I already answered this but if a parent came and said well we don't teach theories >> in our home you know we believe in this one thing >> y >> then we could say okay we'll sign something different >> absolutely >> like John said we actually
009do that quite often in different areas different whether it be social studies, science, reading just tends to be one that rocket questions. All those in favor say I. >> I. All same side. Motion carry 6. Uh, next item. Consider the approval of the Wani walking challenge. >> Um, yeah, we would like to offer the walking challenge again this year. The same step goal would be 500,000 steps between June 1st and September 6th. This year, the theme will be Red Iron Go, which visits several college football stadiums across the Midwest. Participants who reach the goal of 500,000 steps in the time frame will receive a $50 reduction in their insurance. Make a motion to approve the walking challenge. Second motion from second. Any questions or discussion? All those in favor signify by saying I. >> I.
010All same time motion car 6. Next item consider approval of the out of state and over travel request for North High School academic state competition high school lifesty. All those in favor signify by saying >> I those opposed same sign. That motion carries 6. Uh next discussion and first one we have Bank of Indianapolis investment from Bank of >> Good evening. I'm Darren Dice from the National Bank of Indianapolis. Thank you for having me. So I'm the portfolio manager for the Y school community school corporations 457 plan. Um so as a reminder uh this is my first time that I have been here to to present in front of you all just as a as a review. U this plan was generated this was began in 2002 I believe as a way to coordinate with
011the state in terms of unified liabilities in terms of being able to enhance the retirement of existing employees back in the day. I am not an expert in the plan. I have colleagues that do that. My job is on the investment side. Um, one of the bits of information that I will communicate [clears throat] with you today is the longtime leaison that you have had and that Jessica has worked with long time was was Cararissa Ambrose. Uh, she has left her position as our retirement service coordinator at the back. will no longer be your uh your person to coordinate with. Uh so currently uh that person will be Summer Jones. Uh but if there's ever a situation and we are in the process of replacing Carissa, so that may it may not end up being
012Summer long term, but she's her current needs, she'll be your coach person that if you have bigger concerns, our the head of our wealth management division is is Dave Franklin. Can certainly address any of those. Um anyway, thank you for for being here. We'll hit a few things on your on your plan and feel free to ask any questions. I won't take too much of your time. The first half of the pack, which you all have electronic versions of anybody needs a paper version, I've got some. But the idea, it's just kind of an economic review. I won't spend a lot of time there other than just to say, you know, there's obviously interesting things going on. We had a really good run in investment markets in the past couple of years. a lot more
013yellow flags this year. Concerns about where we are with of course geopolitical conflicts around the world, what that might mean for inflation, interest rates, stock markets, bond markets, all those different types of things, but overall the underlying fundamentals still remain pretty strong. I spend a lot of time there, but if you want any questions, I'll be glad to entertain them, but I know you get a lot of things. If you could skip to page 13 of the week. So in this packet is the investment policy statement for this particular plan. So this is kind of my guiding document that says how do we need to invest the funds that are in this particular restaurant. Uh this document was created uh when the National Bank of Indianapolis became involved. I believe this is in 2006. Um,
014if you have any interest in refreshing it, it probably ought to be looked at if you want to form a subcommittee or if there are people in this group that specifically want to look at it or um maybe if we decide that it's worth it for um you want to hear from me again in a year, I can bring some suggested changes, whatever whatever you prefer in in this process. It's not bad. Uh but it's 20 years old and so it probably there are some things that probably should be refreshed in there, but just kind of the general document. But this will as you scroll through it just generally says this in this particular account it should have within this range of equities within this range of fixed income investments and these are the types
015of things that are that are um allowed within our within our particular plan. So that's kind of my guidelines that I need to stay within and then again it reiterates that we indeed are acting as a fiduciary. We need to act in your best interest or the best interest of this particular plan as we go through. So that's what that document says. And once again, we're glad to give any guidance on there if that you choose. If you scroll a couple pages to uh the beginning of the actual account right here. So this is what the account looks like. So currently you're uh right around 1.3 million in this account. As per the investment policy statement, it fits these particular parameters in terms of how much in each of these different categories. So it's about
016its design target is right about 60% to be in equities with the remaining parts in in fixed income and cash and so um it sits it sits in those in those um boundaries and can fluctuate from time to time but I continue to make sure that this is kind of where we want to live within certain parameters. You can kind of see some guidance out here. We need some more performance numbers a little bit. If you go to the next page, this one might be the most important in the in the packet just to kind of show where you are, where you've been, right? So, this is a time series from when this account started back, as I said, in in um 05 or 06 when National Bank of Indianapolis became involved. And this light
017blue line only moves if there's a deposit or a withdrawal in the account. And so, we'll go up, there's deposit, we'll go down with the withdrawal. So, retirees receive benefits. That number is going to go down as uh for as happened back in 0 let's say 22 there was a deposit made to kind of bring back up to a certain funding level and whereas this blue darker blue in the background that's based on market performance and fluctuation over over periods of time. So here's the thing that to to say okay so what are we what are we looking at here? So when we look over here at the totals, this particular column, you can kind of see that this blue line is is even below zero. So that's telling us that over the past 20
018some odd years, you've taken out more than you've put in. And on top of that, you still have a balance of 1.3. So your investments have earned you a couple million dollars over that period of time. And then you know so this is something we would always expect to see that gap continuing is what we hope for right that the investments continue to produce as well as even though we know that it's going to be a a continually drawing asset as as so that's just kind of the general picture to kind of say okay um was it worthwhile did it make it add value to our overall program by doing this and I think that's a that's a success you can kind of see where that was a year ago three years ago by recently
019and then the next talks a little bit more in some detailed return numbers if you care. You know, I've been involved with this account when I joined the bank in uh in 22. And so we have, you know, the past couple of months have not been particularly great as as we mentioned, but we've had that's on the heels of a couple years that were really really good. So your performance in this account double digits for the past three years at 11%. Again, we have we are required to sit in these guys to sit within the channels, right? If we and maybe some of you have this in your own personal investment accounts, if you were 100% in the market, you would have gotten these kind of returns. If you were much more conservative and were
020100% bonds, you would have been these kind of returns. We are designed to be right in the middle and will always be there basically according to to your mandate. our investment philosophy at so Diamond Capital is a name you might see that is the investment division of National Bank of Indianapolis it's one and the same just for Brandon because we live in a regulated industry right so um our our philosophy has always be let's try to get as much return we can but taking on as little risk as possible one of those highlights here before I take too much of your time go ahead and go one more page so now this is a little geeky uh any math people in the ground we have I was a math teacher for 11 years by the
021way so I I appreciate your educational events for all of you um I forgot so when I was a teacher uh every time I start a class I always try to start every class with a little bit of humor so I was to tell you a joke when I got up here so fishing going through it I I'll take the time okay so my uh my wife and I just celebrated our 30th wedding anniversary just a couple weeks ago and those of you who have been married a long time, you understand there's a lot of give and take and there's some things where you just need to let it go and sometimes you don't, right? Well, this this this past year something happened and when my wife told me that you need to stop acting
022like a flamingo, well, I had to put my foot back. Sorry. Anyway, to start with that. Okay, moving on. Now, some people stuff. [laughter] So, all right. Um, this is just kind of a general chart of riskreward parameters, right? In terms of where we are in the in the account. This is your this is you. This is the the 457 plan is this guy right here. This metric is going to say how much risk are we taking on? If we are in this 100% in the stock market, this is how much risk we're taking on about 15% in the standard deviation. Obviously, this then is a correlated return. So, obviously the the thought is the more risk you take the better your returns will be. Not always the case, but this there is a general
023correlation there. So, this is 100% equity, 100% in the market. This is all in bonds. Not much return, not much risk. This is you. What this is is a standard 6040 portfolio. So, we may have fallen a little bit short in terms of the average 60/40 portfolio in terms of how much return it got. It's pretty close over the past three years, but our risk levels are way lower, right? So, we're trying to take on less risk and we're trying to make sure the worst case doesn't happen in this thing is that it blows up, right? We don't want we don't want to lose money. So we take on less risk along the way. We're willing to sacrifice a couple of up percentage points of return home. So it just uh and if you care
024or ask your financial guy about some of these numbers about you know sharp ratios are good. It's basically how much return you're getting each unit of risk that you take. So the higher is the higher the better. So even though the actual return may be a little lower than a normal 60/40 portfolio, the return per unit of risk is higher. So that's what we're looking for. Anyway, if you care about those nuances are there. All right. Couple other things then is for you. Uh you'll see a diversified portfolio of mutual funds. We have some domestic, some international, some large, some small. Uh we try to diversify as much risk as we possibly can in that process. In our bond world, same thing. We have some super conservative with some treasuries. We have a little bit
025more um income earning type things, some short and some long. We try to mix all those things up to try to generate again the most return for the unit of risk that we can that we can take on. And then the next page um is just additional holdings here. These are some of our bond holdings and I'll be glad to talk to each one of those but I don't want to put anybody sleep here. Then next minute the next page then this outer ring is [clears throat] the same pie chart that I showed you at the very beginning. This is your 60% equities. So in this 60% equities, you have another a bunch of different layers of diversification inside there. So some large, some small, some different types of things there. So let's try to
026show you the the value or the way we're trying to spread out your risk as much as you can that process. And then the back end just closes with uh every month one of our portfolio managers writes a uh the next page the market commentary. If you ever personally want to be on the email list, be glad I added you to it. We just kind of put it out. It's a two-page situation. Here are a couple things that we're watching, some things that we're looking at in the market. All right, I kind of ran through that at 100 miles an hour, but any questions or thoughts on where you want to go with any of that? >> Okay. >> So, you said we should uh update a little bit. >> That's what I think. I
027think it's prudent, right? Again, and you may not want to make need to make any change. It's it's fine. Uh, but there probably are a few tweaks that that that could be made. So, I if I'm in your shoes, I would consider one of two paths. One, assign a couple of you to say, "Hey, let's read over this investment policy statement to make sure it still says what we wanted to do." Um, and say, "Hey, this is good. This is not." Or say, "Darren, next time you come, please come with some suggestions and we'll we'll talk about some changes or email some suggestions and then next time you're here, we'll vote on whatever you do. It's not urgent, but it's it's recommended for best practice. And then going forward, it's probably good to look at
028every five years. We probably should wait 20 for it to be looked at stewardship. >> Thank you for letting me come and for letting me tell my dad. >> Uh, next item, High School Athletic Department Update. Started with a joke. I think the mother nature's making the joke of me today. >> I think last year I had a presentation ready and then I was told I only got five minutes. So I'll try to be as quick and efficient as possible. So I basically just have like a handout of current updates. Uh this is very similar format to uh with the work that we do with our admin team every Tuesday. Uh which is an absolute blessing to get together with Jessica, Dr. Croner, Weston, Jen Wise, our school treasurer to kind of go through athletic
029financials and then any other need to knows and updates that we that we experience on a weekly basis. So, kind of take you through a year in a review from last April to today. Um, athletic financials to start off with, we are at positive $5,000 as of April 1st. uh being a numbers guy back there, they probably think that's not very good. But in 2024, April 1st, we were negative $200,000. And then last year uh at this time, we reported that we were negative 132,000. So we have done a great job as a department, uh programwide, all the, you know, teams and everything making sacrifices um to do what's right by our department, make sure that we're good stewards of our money. So, um, things are definitely looking up with program fundraising, all the fundraising
030that they do. Um, in house, we are at 117,000 positive in our athletic account. Um, which is obviously really good. Total revenue generation to date, we're just over 260,000. Um, last April, we reported our revenue at 225. um expenses today plus the anticipated uh this includes anticipated spring officials and event workers that we account for for the rest of the spring does not account for any state final expenditures remaining custodial lifeguard or professional development opportunities that our coaches are going to continue to do through the spring. Um but we anticipate close to 160,000 in expenses when we close out in June. Um, so obviously financially we're in a much better place than where we were two years ago. Uh, and we're continuing to trend that way. One of the biggest things, again, thanks to Jessica,
031Dr. Croniner, uh, for allowing us to be able to do it and really the board as well, is um, through the facility rental at Field of Dreams. Uh, it's been basically going on summer two of rinse and repeat of booking five weekends out there, Friday through Sunday, and collecting the down payments. And we work with only two organizations. They do a phenomenal job of caring for our facilities. Um, and we're able to do that so we can take care of our program. So, that's been a blessing. Participation numbers. This last year, we've had 412 uh student athletes. 49% of them are multiport athletes. When you break it down between male and female student athletes, uh 225 are male participants. Uh females are at 187. uh that gap close to 9% is much higher than what
032I would like to see. Much rather see it uh somewhere between 3% uh as far as a difference. Five I think is about as most as you want to be. Um you know we want to be conscious of like title N and things like that. So we want to make sure that we're promoting our girl teams and programs and the opportunities available to them. Um and we're continuing to do that. Multisport athletes are also broken down there as far as three sport athletes, two sport athletes and sport athletes uh for each of those genders as well. Uh athletic transfers, which was a big topic June 1st last year, they actually rolled out the new transfer rule, uh opened up a transfer portal for basically freshman through juniors for one time free transfer, no questions asked.
033Um the impact of that, uh you can kind of see the the numbers there. 13 completed incoming transfer processing, meaning that they fully uh completed all four steps that the requires us to do for them to gain eligibility. 11 are still in processing. Uh guidance department, Lisa Craraven have been incredible with allowing me to be able to see any of the high school kids coming in early. So then I can start their step one process to get them eligible. So we're never surprised when they show up to a limited contact practice, an open gym or um you know a first day of practice. So we're able to get the ball rolling to get them in there. So 11 of them have started the process. They haven't completed it and chosen not to participate in athletics.
034Uh 10 outgoing transfers. Two of the outgoing are kids that actually transferred in and then left. Uh that's also part of the new ISA rule. So you can go and try out enroll in a school and then leave if it doesn't work out and get full eligibility at your previous school. So that's something I anticipate seeing a little bit even with the kids that may leave us that they hopefully, you know, have the ability to return. And we have four three or four exchange students that are participating athletics this year. Um athletic achievements, there are a ton. I won't go through them all, but obviously there's some big ones to highlight. When you look at NLC, when you look at our school, second small school in the NLC winning NLC championship boys basketball, which I
035don't even believe is listed there, but that is one to add to the list. Um, state qualifiers, we've had five state participants uh in individual sports and we came out with another state champion, Naima Gafar, winning girls wrestling again this year. And then we have uh several other allars for their sports. Uh Emily Olman, girls volleyball, Austin King in football, and Naar and girls wrestling were recognized as state allstars. Um which is phenomenal. And then so far we have 11 college uh student athlete signings. Uh I anticipate more as we get closer to the end of the spring and once again we'll do a in May a Next Level Panther signing day. We'll bring them all back and recognize them again. uh student athlete discipline. Uh we've only had four athletic foot violations uh this
036year. There's a lot of minor things that occur during the school day. Most of the time those are handled within the programs themselves, but the ones that I've had to address, uh we've only seen four uh which is again pretty incredible. Our kids do great, you know, the right things at the right time all the time, as much as the time as possible, I guess. Uh two completed the alternative punitive opportunity uh that you guys approved a couple years ago. Um, again, great organization to work with uh getting those kids um back on the right track. And then we've only experienced eight academic ineligibilities uh through the course of our year, which is pretty incredible. And some of them are repeat offenders, but our coaches do a great job of working with them to get
037them uh fully eligible for the next trimester. Um sportsmanship points, the state looks at that, evaluates the school based on sportsmanship. There's ways that you can earn points. There's documentation you can submit for community service hours. Having student athlete leadership team, which Kyle Dystra, my assistant, he does uh every other Wednesday and does a great job with that. Um and then exemplary reports that are filed by officials or uh other coaches or um other administrators of schools can file behavior reports. When we're doing something right, they send the day and we get points. We get credit back. You're only allowed five of those at that amount. So you can get as many, but you only get five points back. But ejections and all that stuff, you get docked five or 10. So hard to make
038up. Um, so we've had nine unfortunate like reports. That can be anything from a technical foul, uh, yellow card, red card, uh, personal foul like in football if you're over celebrating, all that stuff. So those things get filed and and I have to report back to say on what we did to remedy it. So uh, those things come, but we are at 10 points, which is excellent. Uh that's kind of our our goal every single year, and we'll hopefully have some more points to to add to it once we [clears throat] uh finalize our end of the year stuff with the set. Uh last items here are kind of like our department action items and task assignments that we've looked at going into this year and then continuing to evaluate. Um obviously, our financials is
039always continuing to look at that and there's a lot of things with our financials that we're looking towards. um developing a plan or proposal for program expenses, opening up more than just the uh need to play the sport outside of event workers officials uniform or not having been uniform, but we're bringing that back again next year. Um those items are important. So, we're looking at those. Um walking way assignment that you guys gave us at last year's retreat. I'm excited to present that to you guys at this uh next round. and then uh preparing a Northwood uh department handbook. Thanks again for um approving the student athlete handbook today. Um love the conversation and feedback we got when we were looking at that. Just took a course down at the AA or the AAA conference
040a couple weeks ago and I sat in on the legal legal course which was four hours long. you sat there and you went through we went through 25 Supreme Court cases on what are the good things and bad things to have in your student handbooks. And so there's some things that even after I submit it to you, I'm like next year we need to make sure we have this in here. And so one of the ideas that came up through that work was um a department handbook. So, we're creating a committee of coaches, assistant, volunteer, head coaches, uh, to look at, um, creating a department handbook and all the needs, uh, that just comes with it. You know, when you first walk in, you're drinking from a fire hose already. So, what are what's something
041tangible that you can have if there you have questions on that you can look through and have our all our systems and processes and expectations in there. Um, big news, too. We're transitioning away from Ballrog, the athletic app. Uh that cost us uh $3,500 a year to do to have the app and the website. We're transitioning to Event Link. Uh Event Link, we pay $300 a year that does all our contracts, officials, assignings, uh game scheduling, everything already for $1,000. We get a website with it. So, it makes a ton of sense. A lot of schools have jumped on board with Event Link website. Um we committed to that in December. have already started to build out the website once the ball for our contracts up. The domain will just transfer over. So, northwood.com, which
042we own, uh will remain the same. The app will just go away though at that point. But, uh it'll bring a lot of other opportunities for us to uh streamline communications, make us way more efficient, and everything else that we do in our department. So, um it'll be a good transition. Um some other ones exploring initiative update program banners of record boards and exploring Northwood athletics hall of fame initiative which I talked to Dr. Ker about we don't do a great job of celebrating our individual accomplishments and athletes. Uh we have obviously like our team state champions but there's nowhere that really shows off our uh individual state champions that we have and we have six uh we even have a male gymnast who was a state champion. So it's like you know where where
043are those individuals at? Um, I firmly believe that displaying those somewhere publicly when people walk in, our student athletes are around it, it shows what our standard is as far as our school, the success and the history of it and what it takes to get there. So, uh, creating something there, uh, I feel is very very important and kind of our next step as a school. So, I'm excited to start that initiative here in the next year. And then you can see some of the tasks and different things that we uh have done this year which everything that I'm trying to do is trying to bring as much transparency to our department as possible. Um through the annual report that we did last year that we released in July. We'll do that again uh when
044we close our books the end of June. We'll have an annual report highlighting everything for the past year. Uh we send out um this year the end of season report cards. Started doing that. Uh, so we did one in the fall, did one in winter, we'll do another one in the spring. And yeah, so lot to celebrate, a lot of tasks ahead, but appreciate your guys' time and your guys support for our coaches and athletes. Any questions? >> So you say with your financials, 5,000 is what we have in our fund where it's 117. >> Uh, so like what I look at, I look at and see the 5,000 because I don't dictate what teams necessarily can send out their program fundraising. So, I look at it that the 5,000 is what I'm responsible for,
045if that makes sense. When the state when they were to come in and they audit our books, they're going to look at everything and they're going to see, oh, you guys are positive and doing really well. So, but I what I'm responsible for is everything that goes under general athletics. Um, our programs have two accounts that are earmarked to them. Basically, there's an expense one and then their fundraising. Uh, we earmark a lot in their expenses just And it's always going to be a negative balance in there through the course of their year, but it helps us track uh program spending. But uh fundraising, the athletic department does not touch. That is what comes in gets approved by you guys for them to use through fundraising efforts and donations and they're pretty much free to
046spend what they want. We just say if anyone ask question, make sure you're able to defend what you're deciding to use the money for. [clears throat] So, >> so uniforms and things like that still through their fundraising >> if they choose right now if they choose to. And that's kind of what they've been operating here the last, you know, two or three years. But, um, going into next year, we're actually going to start working with the teams in the fall that are up for rotation. They're going to be able to start that process to order now this spring. We already worked out a deal with BSN, our vendor, that they won't bill us until July 1, so it goes over into next year's books. Uh but the fall teams that are up for rotation, we're
047bringing the rotation back. We uh set it up so there's a quad A and a quad B and that those groupings basically will alternate years on when they can rotate and obviously we're looking at because several programs did a great job of being self-sufficient in some of their uniforms in the last couple years. So obviously it'll be still based on need. So, we're responsible with the money we have and u mindful of the people that did donate money that we're not just pushing those uniforms aside to get brand new too early. So, yeah, we're bringing back rotation our uniform rotations going into next year which is great. [clears throat] >> I want to say thank you so much for that's a big turnaround in the last couple years to see that number be black and
048not red. Um you made a lot of ground and so really appreciate that. I guess my only question I know you said the baseball field has offered some opportunities. You think there's further opportunities for that and then also I don't the soccer field probably it's re I believe [clears throat] the revenues that's to the city. Is that correct? >> That's correct. >> Okay. >> All right. >> Y there's always opportunities to generate revenue. I mean we're we're limited to concessions to merchandise sales and ticket revenue, right? So that's pretty much our our things that brings in the most revenue. The facility rental uh for the Field of Dreams has been the biggest one. Um you know bringing in close to 90,000 a year. One of the biggest jumps for this year was because the rentals
049that took place in July that accounted for this year's books. Uh which is about I believe $36,000 is sitting there now. And the next couple weeks we'll start getting the down payments here for the summer rentals for this year. Um, so we'll start to see that increase. But, um, things with like merchandise, we Richmond feeds, you know, they're they come to our football games, they took over like our captain's closet. Uh, what we were finding was the trends of us buying our own merchandise, getting it printed, doing all those things. The overhead, we weren't making uh, really any money off that. So, um, we get a percentage back from Richmond for their service to take time to do that, which is which is great. So that's kind of the angle that we've done with a
050lot of our initiatives where uh we've outsourced a lot of that work. Corporate sponsorships has been one. Uh Ron Bedward already does a lot with uh his you know Michigan promotions. Um and I asked him at the beginning of the fall if he would mind, you know, he's already contacting these businesses. What if you took our corporate sponsorship to them already because it's hard for me to make cold calls or go door to door, you know, my everyday job. So, um, he was willing to do that. So, he's doing that for, you know, a percentage and we've, I think we've almost doubled, I mean, definitely doubled what we've gotten last year in corporate sponsorship because he's able to do that for us and that's even with his percentage. So, he's been a huge help this
051year. So, and I can always provide much more breakdown of everything we do financially because I have my own spreadsheet and everything else I look at. So, if you guys are ever interested, don't hesitate to ask. Appreciate it, guys. >> Uh, next, textbook adoption, personal finance. >> Um, we have one more textbook adoption to talk about. So, we have a new course. It's a high school personal finance um that will be offered next year. And so, um, we have a online curriculum um through this into it. they have a free curriculum that we will be able to use. Um that curriculum has everything that we need to meet all the state standards for the course and so the committee took a look at it and you can see there all the topics that it covers
052within that course. Um the committee looked at it and feels confident that that is going to be a a great program to meet the needs for that course. So we're really excited to begin getting to work on it and I great for our students to be able to have this knowledge when they leave high school. Uh we'll be bringing it back in a couple weeks at the next board meeting to ask for approval, but wanted to bring it to you guys today and see if there were any questions that you have. >> How long? >> I don't know. >> My kids teach I'm glad >> you have it now. >> It is a good thing. >> And that is all we have this evening. There being no further business come the board a motion to
053adjurnn is in order to second. All in favor signify by saying I >> I have a chance to close Okay.