Public Notices
NOTICE TO THE PUBLIC
The agreement and scope of work outlined below reflect our current arrangement with our financial advisor.
NOTICE TO THE PUBLIC
Pursuant to Indiana Code (I.C.) 20-28-9-28, school corporations are required to spend at least 62% of applicable state tuition support on teacher compensation each fiscal year. Teacher compensation included teachers as defined by I.C. 20-18-2-22(d), which were coded in Form 9 financial information as objects 100-299 and subcategories 30-39 or 62-66.
NOTICE TO THE PUBLIC
Based on the requirements of Indiana Code 20-40-2-9, School City of Mishawaka transferred more than fifteen percent of total Education fund revenue in calendar year 2025. Therefore, the school corporation did not meet the education fund transfer target percentage for calendar year 2025 and is subject to further review.