[{"_1":2,"_123":-5,"_124":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,75,87,99,111],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},"mediaId",6549257,"mediaKeyId","5566949-87620c9d3eafb7c88e6f336a1a7aa05f","parentId",5566949,"title","Votes at a glance: Speedway Board of Trustees actions from Aug. 12, 2025 meeting","audioSeconds",164,"startMs",68000,"endMs",232000,"viewUrl","/Search/View?dp=1&key=5566949-87620c9d3eafb7c88e6f336a1a7aa05f&start=68&end=232","thumbnailUrl","https://assets.pipeline.soar.com/5566949-87620c9d3eafb7c88e6f336a1a7aa05f/thumbnail_68000.jpg","articleUrl","/articles/6549257/Town-of-Speedway/Marion-County/Indiana/Votes-at-a-glance-Speedway-Board-of-Trustees-actions-from-Aug-12-2025-meeting","mediaUrl","https://secure.pipeline.soar.com/6549257-1c6f0288b7f4918f3ff933cdecb52f20/orig.mp4?Expires=1771198261&Signature=jDip52MmGY9qUdQuw6JkQp6ynV1FpBSNhT~QylaY4Ak59nS5vISW1zipzq4zm0ga9UJxeFqlaulB2atGx3aDT~kjWX678p5yYWta5f22TzIE~CslSHY4p89hqkpCrOdTav-GCSAN-HuVh1R~EBFQBaeU8IXHDfftIxxgoU07Dsd6cZoPsHvk1Mp-IU5FoYCf3T7UGqYXaXg49myAKOtvYJdBqSf7gsjKsHhMFPv-N8jA8HkScfiHiVECv7liQzikYinCOWe6RkHXxQl0kK0fFZOo3XTwYRXN07BFHCxTph5Q6QCQ4m4LCdwZ7Ctka8zGUx25ADbOJPMdAGc1smVZsA__&Key-Pair-Id=KUT5TJCACFTXG","author","Town of Speedway, IN","date","2025-06-23T19:38:29Z","article","The Town of Speedway Board of Trustees took the following formal actions at its Aug. 12, 2025 meeting. Vote tallies are recorded as stated in the meeting transcript.

- Approve minutes from July 8, 2025 meeting: Motion moved and seconded; passes 5-0. (Agenda item 1)

- Adopt 2026 Capital Projects Plan resolution: Motion moved and seconded; passes 5-0. (Public hearing held; no public comment.) (Agenda item 3)

- Approve resolution reapproving issuance of 2025 bonds and supplement to master continuing disclosure undertaking: Motion moved and seconded; passes 5-0. (Agenda item 4)

- Advance proposed 2026 budget to Speedway Town Council (by consensus): Approved by consensus; no formal roll-call vote recorded. (Agenda item 7)

- Approve resolution authorizing superintendent to reduce 2025 appropriations across all funds as necessary to fund 2026 budget: Motion moved and seconded; passes 5-0. (Agenda item 8)

- Approve paraprofessional and substitute teacher hourly rates (corrected list): Motion moved and seconded; passes 5-0. (Agenda item 9)

- Accept donation from Speedway Music Boosters (5x8 enclosed trailer): Motion moved and seconded; passes 5-0. (Agenda item 10)

- Approve extended contracts for specified staff (routine annual action): Motion moved and seconded; one board member recused; motion passes 4-0. (Agenda item 12)

- Acknowledge grants received to Speedway Schools ($110,730.21): Acknowledged as presented. (Agenda item 13)

- Approve personnel report for August 2025 (resignations, hirings, temporary contracts, leaves): Motion moved and seconded; passes 5-0. (Agenda item 14)

- Adjourn to sign and approve claims: Meeting adjourned as stated. (Agenda item 16)

Notes: When the transcript records a motion as moved/seconded but does not provide speaker names, this summary lists the motion text as presented in the record and records the board tally as stated on the record. \"Consensus\" indicates the board advanced the budget without a formal roll-call vote in the transcript; the district will present the budget to the Town Council for formal consideration.

","mediaType","Video","parentTitle","Speedway School Board - August 12, 2025","oneSentenceSummary","A concise list of motions the Town of Speedway Board of Trustees approved on Aug. 12, including minutes, capital projects plan, bond resolution, personnel and budget-related resolutions.","taxTitle","Town of Speedway, Marion County, Indiana","taxId",64383,"location","headline","","shortSummary",{"_33":76,"_35":36,"_37":38,"_39":77,"_41":78,"_43":79,"_45":80,"_47":81,"_49":82,"_51":83,"_53":84,"_55":56,"_57":58,"_59":85,"_61":62,"_63":64,"_65":86,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6549262,"Speedway nears completion of new stadium; turnover, ribbon cutting planned before Aug. 29 game",622,2519000,3141000,"/Search/View?dp=1&key=5566949-87620c9d3eafb7c88e6f336a1a7aa05f&start=2519&end=3141","https://assets.pipeline.soar.com/5566949-87620c9d3eafb7c88e6f336a1a7aa05f/thumbnail_2519000.jpg","/articles/6549262/Town-of-Speedway/Marion-County/Indiana/Speedway-nears-completion-of-new-stadium-turnover-ribbon-cutting-planned-before-Aug-29-game","https://secure.pipeline.soar.com/6549262-37698f959017321ca59346ebd6db0395/orig.mp4?Expires=1771198261&Signature=Ko9sNho6bEoo~O1qBeBN0g4vLm4IRxERAwMDtLVrNCaKsRuwXG6xU-Pqc5QNKQk4uAOSSmkzfmwwE-nyw-LkZs71zkXE5WDjM8bPVJZcN23-3bLX59~geDc-ucLZye1pcxKf3XEEdtv6UbzQFqJPfy5GYYiHebIVwDjEz9xOlCMQyw1SABAhYQrQ8~U2HAoSjadcBpeDetZP5u97Rka-p1sTPVAJxr6dopYOf~mwY~e1BNyqvtxBLDLRXMtMWOwkLllQSUCf0kqcrkUb5m~9cTSoUGoiz5Q4epoTFRBLaIsIH~XMWpjdprsCvKp8WMntEn5MiUg2Yt9bQVm6xKME9A__&Key-Pair-Id=KUT5TJCACFTXG","At the Aug. 12 meeting the Town of Speedway Board of Trustees received an extended facilities update covering the new football stadium, junior-high floor replacement, Building C construction, and other maintenance projects.

Facilities staff said the stadium has reached the punch-list phase and that officials expect the turnover date to be near Aug. 19 pending final inspections. \"We actually have our first round of final inspections tomorrow, to see if we can occupy it,\" the facilities presenter said. The presenter noted about 150 punch-list items remain, many small, but that the video board is operational and locker rooms and site work are largely complete.

The district announced a public ribbon-cutting and open house scheduled for Wednesday, Aug. 27 at 6:00 p.m., and said the stadium should be operational enough to host a football game on Aug. 29. Facilities staff emphasized that some exterior work, parking and remaining punch-list items will continue after initial occupancy.

The district reported delays on the junior-high gym floor project caused by unexpected sub-surface conditions beneath the slab. Facilities staff said crews are increasing manpower and expect to begin installing the maple playing surface soon but that an August-completion target is optimistic.

Building C (a new construction project) was described as entering the precast panel erection phase, with crews expected to begin installing wall panels and place the building under roof in the coming weeks.

Other items reported: designs for Allison HVAC and Wheeler auditorium windows are in planning; ADA accessibility work and additional parking-lot striping will be scheduled; and the district replaced and standardized hygiene dispensers across buildings. The facilities team said the district has a healthy rainy-day balance to support capital needs.

Facilities staff invited the community to the ribbon-cutting and said PR materials will follow once occupancy is confirmed.

","District facilities staff told the board the new football stadium is nearing completion with final inspections and punch-list work under way; the district plans a public ribbon-cutting Aug. 27 and expects the field to host games by Aug. 29, though some exterior and punch-list items will remain.",{"_33":88,"_35":36,"_37":38,"_39":89,"_41":90,"_43":91,"_45":92,"_47":93,"_49":94,"_51":95,"_53":96,"_55":56,"_57":58,"_59":97,"_61":62,"_63":64,"_65":98,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6549267,"Board approves $6.5 million 2025 bond supplement and continuing-disclosure supplement",62,341000,403000,"/Search/View?dp=1&key=5566949-87620c9d3eafb7c88e6f336a1a7aa05f&start=341&end=403","https://assets.pipeline.soar.com/5566949-87620c9d3eafb7c88e6f336a1a7aa05f/thumbnail_341000.jpg","/articles/6549267/Town-of-Speedway/Marion-County/Indiana/Board-approves-65-million-2025-bond-supplement-and-continuing-disclosure-supplement","https://secure.pipeline.soar.com/6549267-cd72f42c51de462b018cd4ec53673261/orig.mp4?Expires=1771198261&Signature=ibje-BtA1w1YdWkcLwm40yI1-Fuljb-0w7Qjki2merRbvHxwosS56BmT9zAtztswJt~mN4sidv1OeQOKADbcPCM0MYlyrr9nqIoGXRijfPiIaUrCihP9z0whwCzpLB3RKuF0EmkourItqJQbKMlUuqgsKs89DCI2Zsr4MPIHP1-djBJvb-OsGfHtunCoN43ZlPD0RSGFw8QIQB35c6HmO1~v1mDJ0wBhTCUYq5rl1NzMgOY-oNzl6Y6qHdCZUyOqwXG0z~UYXylpYEu3yVAJ6M6YEWQSPJ0DsqsmXI~V1KrOGb2w0VkZ6SS44mxtW-kxs6wUHhSOdsf0xFPXYQhcqw__&Key-Pair-Id=KUT5TJCACFTXG","At its Aug. 12 meeting the Town of Speedway Board of Trustees approved a resolution reapproving the issuance of 2025 bonds and a supplement to the district's master continuing disclosure undertaking. The motion passed by voice vote, 5'0.

A district representative said this action is \"part 2\" of a planned multi-step bond offering that began with a prior closing in October 2024. The presenter described the current phase as a $6,500,000 offering that the finance team plans to sell in the coming months to take advantage of market conditions.

\"So our first round did pretty good, and we expect that the way the market's going right now, we made the right choice a year ago for doing it this route,\" the presenter said, recommending approval of the resolution to issue the 2025 bond supplement and to file the supplemental continuing-disclosure undertaking.

Board members moved and seconded the motion during the meeting. No board member raised substantive questions during the public record portion of the item; the motion carried 5'0.

The action authorizes staff to proceed with the supplemental offering and to update the district's disclosure documents; no sale had occurred at the time of the meeting and market timing and final offer terms will be determined by the district's finance team.

","The board voted 5-0 to approve a resolution reapproving the issuance of part of the 2025 bond series: a $6.5 million supplemental offering and a supplement to the master continuing disclosure undertaking, the second phase of the district's planned bond program.",{"_33":100,"_35":36,"_37":38,"_39":101,"_41":102,"_43":103,"_45":104,"_47":105,"_49":106,"_51":107,"_53":108,"_55":56,"_57":58,"_59":109,"_61":62,"_63":64,"_65":110,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6549272,"Speedway board advances 2026 budget to town council; district proposes $22.35M education fund and seeks to hold tax rate near $1.17",425,1716000,2141000,"/Search/View?dp=1&key=5566949-87620c9d3eafb7c88e6f336a1a7aa05f&start=1716&end=2141","https://assets.pipeline.soar.com/5566949-87620c9d3eafb7c88e6f336a1a7aa05f/thumbnail_1716000.jpg","/articles/6549272/Town-of-Speedway/Marion-County/Indiana/Speedway-board-advances-2026-budget-to-town-council-district-proposes-2235M-education-fund-and-seeks-to-hold-tax-rate-near-117","https://secure.pipeline.soar.com/6549272-8c871a6ebef4ea8b1f716154815a5d64/orig.mp4?Expires=1771198261&Signature=lKPVRuvdwLIZYAhBsp~e2h-mlIWxhCcD15fCV7rdpOX3ouQXhTnWVWiqz6uVx327CI7A5pB63xtwYf6VZ0R-AwG2RXDR~VJZmUonsR9vbnCMWnTNNM3kNmNzxRD8eSh9odThQNnolawYj7ztXA6Vw2PaCiRVaYwrM9z8qM8Ogn54UgHeBHs38GiyjzwFxjRAlP6cJ6cEtArVZ0L3Fs~NXERzo61ryJ6qwOmq7ReBTFU9fw7UOpTf3I-PyWDk6YsSgUdoEsDRgP-0WD7rpq21IcNtnB~P-fXmBYSnRHSSGofHexQCtgOfES3UQ9RuLvesQ0m5tvvyBDwrwYDg86MJ2w__&Key-Pair-Id=KUT5TJCACFTXG","On Aug. 12 the Town of Speedway Board of Trustees reviewed the proposed 2026 school budget and by consensus agreed to advance it to the Speedway Town Council for consideration.

The district's presenter said the education fund remains the largest revenue source and that estimated education-fund revenue and appropriations total $22,349,870. \"The number 1 revenue source is the state support,\" the presenter said, adding that average daily membership (ADM) drives state funding. The presenter also said the district includes summer-school revenue, cell-tower payments, ECA revenue, reimbursements and transfers in the education fund total.

Officials outlined five funds in the budget presentation: the education fund, the operations fund (supporting maintenance, central office and other nonclassroom items), the referendum fund, the debt fund, and the rainy-day fund. The operations fund appropriation presented was $5,205,629. For the referendum the district indicated a rate near 0.5277 for 2026, noting the referendum supports class-size initiatives and AP programming.

On debt and reserves the presenter said the debt fund rate estimate will be adjusted when assessed values are finalized and that the rainy-day fund has a current cash balance of $6,829,665.

The presenter said the district intends to advertise a tax rate that will likely put the combined school tax rate at about $1.17 and said the Department of Local Government Finance (DLGF) will set the final certified rate later.

Board members approved by consensus advancing the budget to the Town Council. The presenter said the district is waiting on the final assessed value from the county to finalize exact rates and that the budget will not change materially in purpose: \"The budget won't change because we're gonna support kids in a classroom.\"

Separately, the board voted unanimously to adopt a resolution authorizing the superintendent and treasurer to reduce 2025 appropriations across funds as needed to fund the 2026 budget. That resolution passed 5-0; the motion said the reductions will be finalized at a December meeting when year-end balances are clearer.

No formal tax-rate certification occurred at the Aug. 12 meeting. The budget will move to the Speedway Town Council next Wednesday at 6:30 p.m. for the next step in the local approval process.

","Board members consented to forward a proposed 2026 school budget to the Speedway Town Council on Aug. 12. The district presented five funds and tax-rate estimates, including $22,349,870 in proposed education fund revenue and a targeted overall school tax rate around $1.17.",{"_33":112,"_35":36,"_37":38,"_39":113,"_41":114,"_43":115,"_45":116,"_47":117,"_49":118,"_51":119,"_53":120,"_55":56,"_57":58,"_59":121,"_61":62,"_63":64,"_65":122,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6549277,"Speedway reports high 2025 state assessment results; third-grade iRead final pass rate 94%, AP pass rate 72%",759,495000,1254000,"/Search/View?dp=1&key=5566949-87620c9d3eafb7c88e6f336a1a7aa05f&start=495&end=1254","https://assets.pipeline.soar.com/5566949-87620c9d3eafb7c88e6f336a1a7aa05f/thumbnail_495000.jpg","/articles/6549277/Town-of-Speedway/Marion-County/Indiana/Speedway-reports-high-2025-state-assessment-results-third-grade-iRead-final-pass-rate-94-AP-pass-rate-72","https://secure.pipeline.soar.com/6549277-e275868218a332630caefe4262e88d0a/orig.mp4?Expires=1771198261&Signature=Qw2TaxM-8Evy8FIlCFJnWWXkHR4kPwbU55w96d8aKYQYjdMfqHoQmZlw92D~x3xFXkFm8421KniH8Mf5qZ0NMQ~CJbLyxnNGRn~ztM7iz~7ESyMBQ83zzYj~5RbUNEVv0pED4MaKmXJY3cvro2W8V8NTHNoj1VnKwt8jKnJmYZJ486iz1~ewyrqFvc7aQQqQvs79~NhmmES1e3l-FtUrR~TDkQ6xVhp4KR3dRv7hl4a~vCnUksGd1NtSLBiqgSEU5YiqJHy8L5DH1FqE8BQSzU7EzoYY5MhDN9NCUj2wS8wVabaUj6LIelWQZfs4HzN7~Ie6F6YZY7w7PhfUgP3WYg__&Key-Pair-Id=KUT5TJCACFTXG","At its Aug. 12 meeting, the Town of Speedway Board of Trustees received a presentation of the district's 2025 state assessment results showing strong performance across grade levels and subject areas.

District staff reported that after all retest opportunities this year 94% of third-grade students passed the iRead assessment, leaving nine students who did not pass. \"All 9 of those students are English learners,\" the elementary assessments presenter said, adding that three of the nine are also in special education and that the remaining six scored at WIDA 1.5 or lower.

The district's elementary and middle results on iLearn (Indiana's summative test for grades 3\b) placed Speedway near the top among Marion County school corporations. The presenters said Speedway ranked in the top 5\b% statewide in several categories: it was tied with others for top positions in certain grade/subject combinations and was 17th statewide in students passing both reading and math.

Junior-high presenters said three out of four checkpoint categories for grades 7\b improved from the previous year. \"Three out of the four did go up from where they were last year,\" Mr. Grove said while summarizing junior-high iLearn trends.

High school presenters highlighted college-readiness measures. The district told the board the junior class performed above the state average on the SAT in both math and evidence-based reading and writing. The district also reported 63% passing the biology iLearn exam and said the percentage of students earning at least one AP exam passing score before graduation has risen to 72%.

\"Eight years ago ... we were able to get 25 percent of their students to pass an AP test before they graduated high school. That was the elite high schools in the state. And you can see now that we have almost tripled that,\" Mr. Claiborne said, citing historical comparisons to other Indiana high schools.

Presenters discussed testing changes and the iLearn checkpoint pilot. Speedway was the only building in the district to participate in the checkpoint pilot in 2024'5; the district said the state has improved item specifications and reporting for 2025'6. \"The data that we got really didn't help us drive instruction after we took the test. And already we're seeing this year, that the DOE is releasing better reports,\" Mr. Grove said.

Board members asked clarifying questions about year-to-year comparisons and retest opportunities. A board member noted that the district intentionally keeps K' classes small and credited small class sizes and targeted instruction for the district's performance.

The presenters and board did not propose any policy changes at the meeting; the material was presented for the board's information and for questions. The district said staff and administrators will continue to use assessment data to target instruction at specific skills during the 2025'6 school year.

The board received the report and offered thanks to staff and teachers for the results.

","At its Aug. 12 meeting the Town of Speedway Board of Trustees heard district staff present 2025 state assessment results showing Speedway near the top of Marion County and high statewide rankings, with a 94% final iRead pass rate for third graders and a 72% AP pass rate for the most recent graduating cohort.","actionData","errors"]

Article not found

Votes at a glance: Speedway Board of Trustees actions from Aug. 12, 2025 meeting

Speedway nears completion of new stadium; turnover, ribbon cutting planned before Aug. 29 game

Board approves $6.5 million 2025 bond supplement and continuing-disclosure supplement

Speedway board advances 2026 budget to town council; district proposes $22.35M education fund and seeks to hold tax rate near $1.17

Speedway reports high 2025 state assessment results; third-grade iRead final pass rate 94%, AP pass rate 72%