Oversight board pushes school-funding recommendation from April to July

What happened

Board member Heather LaBella told the board's financial consultant that the oversight board's recommendation on how much Vigo County can afford to commit to school funding — originally targeted for mid-April — has slipped to July. Timeline pushed to July, 31:43 Tim Berry of Crowe, the board's financial consultant, said the analysis is still underway: his firm is finishing revenue and expense projections with the county commissioners and Baker Tilly and has its first call with the oversight board's legal counsel the following week. Analysis still underway, 32:20 The recommendation arrived four months later than first planned: on August 12, the board voted 5-0 to recommend the $222 million "Option 6.2" school-building plan, plus $15 million up front and $6 million a year in county funding. Option 6.2 vote, 27:38 Funding vote, 57:32

The outcome

No vote was taken; the board reported that its own recommendation timeline had moved from mid-April to July.

Sources

• Timeline pushed to July, 31:43
• Consultant says analysis is still underway, 32:20
• Oversight board votes 5-0 for "Option 6.2," 27:38
• Oversight board recommends $15M up front, $6M a year, 57:32

Also known as: Option 6.2 timeline · school funding recommendation delay · Crowe financial review · Tim Berry county finances report · Vigo County Oversight Board April meeting · county financial capacity review