We would  like to recognize:

Jocelyn Eggleston

Tiyonna Frazier

Alenah Rice

Are to be recognized for bridging to the next level as girl scouts. 

Bridging is a beloved Girl Scout tradition that honors girls' achievements throughout the year and celebrates their “crossing the bridge” to the next Girl Scout level. 

We would also like to recognize:

Emily Coronado

Randy Hamlin

Drake Wooley

Ryleigh Kerns

Jacob Spradlin

Nicole Morris

Edie Spisak

Alivia Vorhees

Josie Foster

Aleah Fryman

Honesti Gillespie

Audrey Gilkey

Lilly Huffman

Saralynn Lackey

Lizzie Martin

Kenyanna Johnson

Chole Schaefer

Nakiah Cody

For moving up 5 levels in Lexia so far this year.  That is some awesome progress.

Performance Services will present our annual savings report for our Guaranteed Energy Savings Contract (GESC).

Glenn O. Swing Elementary School's administration and staff will report to the Board their annual report.

The personnel actions listed on the exhibit have taken place since the board meeting of September 24, 2020.

Budget Narrative for September FY2021 monthly financial statement:

1. General fund (fund 1) – as of 9/30/20, revenue received of 11.9 million with expenses of 7.1 million. 

2. Special revenue (fund 2) – as of 9/30/20, revenue received of 1.4 million with expenses of 2.1 million.  Many grants in fund 2 are on a reimbursement basis.  Money is requested after the expenses have occurred.  There is a delay on receiving fund 2 revenue. 

3. Capital outlay (fund 310) - as of 9/30/20, revenue received of $163,000 with expenses of $0.  The state does not provide all the capital outlay funding until the end of the fiscal year.  This fund is used to pay the district’s bond payments.  Bond payments occur throughout the whole fiscal year under fund 400 (new for FY’13 per KDE).  Money will be transferred out of capital outlay into the debt service fund throughout the fiscal year. 

4. Building fund (fund 320) - as of 9/30/20, revenue received of $298,500 with expenses of $0.  This fund is used to pay the district’s bond payments.  Bond payments occur throughout the whole fiscal year under fund 400 (new for FY’13 per KDE).  Money will be transferred out of building fund into the debt service fund throughout the fiscal year. 

5. Construction fund (fund 360) - as of 9/30/20, revenue received of 3.7 million with expenses of 1 million.  This fund is used to pay for the district’s construction projects. 

6. Debt Service fund (fund 400) – as of 9/30/20, revenue received of $0 with expenses of $374,000.  See detailed explanation under capital outlay and building fund.

7. Daycare fund (originally fund 50 – switched to fund 52 per KDE) – as of 9/30/20, revenue received of $234,000 with expenses of $47,100.  Revenue comes in throughout the fiscal year.

8. Food service fund (fund 51) – as of 9/30/20, revenue received of 1.1 million with expenses of $336,500.

9. School Activity Fund (fund 25) – as of 9/30/20 revenue received of 335,500 with expenses of -4,000.  This fund was set up end of FY20 due to a new GASB standard that went into effect.  All Redbook monies have to be entered into MUNIS.  This is the start of the fund therefore the expenses have a negative balance.  In FY21, it will balance out to not have negative expenses.

    

    

   Completed 10/1/20 by Annette Burtschy

Pursuant to Policy 04.3111, the treasurer shall prepare warrants or "Orders of the Treasurer" to be acted upon at each regular Board meeting. The Board shall give subsequent approval to all budgeted disbursements made between meetings of the Board. Disbursements shall only be made on invoices for purchases made in accordance with District policy and procedures.

Covington Independent Public Schools has partnered with the Brighton Center Workforce Development Program, for several years. This program provides opportunities for students who are not on a traditional path toward graduation. There is no increase in the overall cost of the program.

Pursuant to KRS 61.810 (1) the Board may go into executive session.