The Eastern Pulaski Community School Corporation Board of Finance got a report on the school district’s fiscal indicators Wednesday.
According to data on the Indiana Distressed Unit Appeal Board’s website, Eastern Pulaski had an operating deficit every year between 2014 and 2018. It peaked at over $5.6 million in 2016, when the school corporation was undertaking major facility updates. The deficit has remained a concern during recent budget discussions, with school officials planning to use the Rainy Day Fund to close the gap.
Enrollment, which helps determine state funding, has remained relatively stable over the past several years, with 50 more students counted in 2019 than in 2011. However, enrollment also took a bit of a hit in 2019, dropping by 4.2 percent from the year before.
Corporation Treasurer Angie Anspach told board members that the annual report is a new requirement starting this year. She explained that most of the information comes from the corporation’s Form 9 reports, but a software change caused certain accounts’ information to be left off of the most recent report to the Department of Education. “We’re working with the State Board of Accounts and the Department of Education to get this resolved, and as soon as we do get it resolved, we’ll give you some more information at that time,” Anspach said.
Board members received written copies of the report, and no further discussion was held.
