The Pulaski Community School District (PCSD) Board Meeting on October 16, 2024, focused on key financial updates, including the district's membership count, budget approval, and tax levy setting.

During the meeting, the board discussed the third Friday membership count, which indicated an increase of 30 students compared to the previous year. This growth also impacted the district's private school voucher aid, which reached over $1 million for the first time. The district receives a revenue limit exemption that offsets the costs associated with the voucher program, resulting in a balanced financial impact.

The board approved the budget for the upcoming year, which remained stable with a use of fund balance amounting to $436,000 for the People of Dreams payment. The budget reflects no significant changes since the annual meeting, aside from adjustments related to the influx of special education students requiring additional services.

The tax levy was also set during the meeting, with a motion to approve a rate of 21.65812. This decision was met with unanimous support from the board members.

In addition to these financial matters, the board discussed the need for improved budget reporting. A proposal was made to create a consolidated budget summary to provide a clearer overview of financial performance on a quarterly basis. This summary aims to simplify the reporting process for board members, allowing for easier tracking of budget variances and overall financial health.

The meeting concluded with an agreement to implement a cutoff date for bill approvals to streamline the process, ensuring that board members have adequate time to review financial documents before voting.

Overall, the meeting highlighted the district's financial stability and the board's commitment to transparency and effective budget management. The next steps include finalizing the proposed budget summary for future meetings and continuing to monitor the district's financial performance closely.