TIPP CITY — The Tipp City school board approved summer facility maintenance, including roof repairs at all five schools, and heard an update on the five year forecast at their meeting Monday.
The board voted in favor of several summer maintenance projects, including roof repairs at all five of the district’s school buildings by A.H. Sturgill Roofing, Inc. The cost of the repairs is not to exceed $50,000.
While students are out of school, the district will also replace carpeting in the high school media center, at a cost not to exceed $23,543, and replace carpet with vinyl tile in four L.T. Ball classrooms at a cost of $9,683. The same company, Richard Smith and Sons, has been hired for both projects.
Crackfill and Seal Coat the Bus Compound, LT Ball Playground, and at the Howell Field Track complex by Thermo-Asphalt Repair for $8,145.
“I just want to underscore that these are PI or permanent improvement dollars and expenditures,” Superintendent Gretta Kumpf said.
The board heard an update on the district’s five year forecast from Treasurer Dave Stevens.
The forecast shows big changes since its last update, because the district can now factor the recently-passed emergency levy revenue into the forecast, Stevens said.
The district’s previous forecast in October 2016 projected a negative balance by fiscal year 2021 if those levies were not passed, he said.
“Now that we know that that revenue is certain, our fund balance is now positive through 2021 and expected to be positive on past that,” Stevens said.
In other business, the board approved a service agreement with Waibel Trane for the HVAC systems at Tippecanoe High School and L.T. Ball Intermediate at a cost of $15,492.
The board also set student participation fee caps at $225 for individuals and $300 for families, a slight reduction from last year, Kumpf said. Fee caps were previously set at $250 for individuals and $350 for families.
Reach Cecilia Fox at email@example.com.