The Grundy R-5 Board of Education approved its 2020-21 budget and took action on personnel during a meeting on Monday night, June 29.
Superintendent Phil Fox reported the district is looking at having a balanced budget next school year, with revenues listed at $2,354,851 and expenditures listed at $2,354,031, leaving a surplus of $820. Approval was given to amendments to the 2019-20 budget to show actual expenditures of $2,300,623 and actual revenues of $2,302,052.
Discussion was held regarding CARES Act funding through the county with no action taken. The board heard and approved a plan by adminstration to invest reserve funds with local banking institutions. The board also voted to allow the district to use less than 1 percent of required funding for professional development.
Following an executive session, the board offered contracts to Madison Trump as the varsity girls basketball assistant coach and Cari Brundridge as varsity girls softball assistant coach and junior high girls head basketball coach.
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