The John Glenn School Board will hold a public hearing tonight on an additional appropriation resolution and ordinance for the debt service fund.
During the April 18 meeting, Business Manager Tom Bendy told the school board that the additional appropriation is for a loan taken out a year ago. Bendy said a payment schedule was sent in January and the money wasn’t in the budget. According to Bendy, the Department of Local Government Finance is able to add in the revenue but can’t change the appropriation amount published. The appropriation of $36,907 would enable the school corporation to make the common school loan transfer payment which is due in June.