South Gibson School Corporation Board of Finance Meeting

1. CALL TO ORDER
Mr. Michael Bengert, President of the Board of Finance
1 minutes

Minutes

Mike Bengert called the meeting to order at 6:30 pm.  Besides board members and administration, Angela Cooper of the South Gibson Teachers Association was present.  No media was present.


2. REPORTS
Mr. Tim Armstrong, Assistant Superintendent
1 minutes

South Gibson School Corporation maintains a checking and money market account at 5/3 Bank.  Additionally, SGSC has a money market account at United Fidelity.  The total funds' balance on 31 December 2020 was $8,329,400.49, up from $7,612,648.75 on 31 December 2019.  In the balance of 31 December 2020, $1,503,008.21 is invested at United Fidelity with the balance at 5/3 Bank.


3. ADJOURNMENT
Mr. Michael Bengert, President of the Board of Finance
1 minutes

Minutes

There being no more business to conduct, Janet McBee made a motion to adjourn into the regular meeting at 6:31 pm.  Steve Gruszewski seconded the motion, and the Board of Finance meeting ended.

Result: Approved

Motioned: Mrs. Janet McBee, President of the Board

Seconded: Mr. Steve Gruszewski, Board Secretary

VoterYesNoAbstaining
Mr. Michael Bengert, President of the Board of FinanceX  
Mr. Steve Gruszewski, Board SecretaryX  
Mrs. Janet McBee, President of the BoardX  
Mr. Tim Nurrenbern, Board MemberX  
Mr. David Lewis, Board MemberX  
Dr. Conway Cox, Vice President of the BoardX  
Mr. Don Steinmetz, Secretary of the Board of FinanceX