Board of Finance elects officers, reviews investment report

After adjourning the regular school board meeting, the Plainfield Community School Corp. convened a Board of Finance meeting on Jan. 9 to elect officers for that body and review investment materials.

A motion was made and approved by voice vote to have Voca Olson serve as president of the Board of Finance and Barbara Bailey Burke serve as secretary for the session. The board then acknowledged receipt and review of the 2024 investment report, the district's investment policy and the report on the district's financial condition. Mister Shavitch invited questions but noted the report and policy were consistent with prior presentations.

Why it matters: The Board of Finance conducts required fiscal oversight tasks, including reviewing investment policy and reports; electing officers enables the board to carry out statutory finance duties.

The board took no additional action beyond electing officers and acknowledging the investment materials. The meeting concluded with an adjournment noted in the transcript.