When the Argos School Board met last week Superintendent Ned Speicher presented the board with a review of the potential reimbursements allowed to the general fund for the past five years. He said that $200,000 worth of funds have been collected through various education sales over the years and up until now it has been in a savings account.
In order for that money to be spent, it had to be transferred from savings to checking. However, Superintendent Speicher mentioned that the money most likely won’t be used but it’s good to have it available, should the need arise. The board unanimously approved the additional appropriation to be added to the 2017 general fund. Continue reading