South Gibson School Corporation Board of Finance Meeting

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

Minutes

Michael Bengert called the meeting to order at 6:30 pm in the GSHS Library. In addition to Board members,
administration and Board Attorney Pam Partenheimer, Angela Cooper and Faye Williamson of the South Gibson
Teachers Association were present along with patrons of the South Gibson School Corporation. The media was
not present.


2. REPORTS
Mr. Tim Armstrong, Assistant Superintendent

The most recent ADM was 2,113.00 in September 2022, up from 2065.03 in September 2021.  As of 31 December 2022, United Fidelity has $2,012,994.83  in SGSC funds and Fifth Third has $ 9,689,397.14 for a total of $11,702,391.97

 

Minutes

The Board received information on the number of students and financial reports for South Gibson School Corporation.


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

Minutes

After a brief discussion of student numbers and interest rates, Tim Nurrenbern made a motion to adjourn the Board of Finance meeting at 6:35 and go into the regular meeting.  Steve Gruszewski seconded the motion and the Board adjourned into the regular meeting.

Result: Approved

Motioned: Mr. Tim Nurrenbern, Secretary of the Board of Finance

Seconded: Mr. Steve Gruszewski, Vice President of Board

VoterYesNoAbstaining
Mr. Michael Bengert, President of the Board of FinanceX  
Mr. Steve Gruszewski, Vice President of BoardX  
Mrs. Janet McBee, Board member   
Mr. Tim Nurrenbern, Secretary of the Board of FinanceX  
Mr. David Lewis, President of the BoardX  
Mrs. Rachael Hileman, Board MemberX  
Stacy McClellan, Board SecretaryX