Cold Spring School
Minutes
Board Meeting
Date and Time
Monday June 29, 2026 at 6:00 PM
Location
3650 Cold Spring Road, Indianapolis, IN 46222
A regular meeting of the Cold Spring School, Inc. Board of Directors will be held on Monday, June 29, 2026. The meeting will start at 6:00 pm at Cold Spring School.
Directors Present
B. Petranoff, B. Tran (remote), C. Wise, D. Cash, J. Apollos, J. Morales, K. Castro, R. Cherry
Directors Absent
None
Guests Present
C. Bruns (remote), C. Stipes, J. Toll, M. Saltouros, R. Moore
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
C.
Approve Minutes
II. New Business
A.
Innovation Contract
B.
2026-2027 School Budget
Cody Stipes presented
One piece of our funding will be determined by our ADM count, and it will no longer matter which grade the student is in. ADM count days should be October 1st and February 1st. Currently, we have only one seat in Kindergarten and one in first grade.
As a reminder, all federal Title funds will be reimbursed, but there might be a small delay as we set up as an LEA with the federal government.
The budget does not include grants or additional funds. Those will be added as they are received.
With our budget, the 2.1% margin is within the suggested guidelines.
C.
Personal Report
D.
Renew Current Board Members
| Roll Call | |
|---|---|
| K. Castro |
Aye
|
| J. Apollos |
Aye
|
| J. Morales |
Aye
|
| B. Petranoff |
Abstain
|
| C. Wise |
Aye
|
| B. Tran |
Aye
|
| R. Cherry |
Aye
|
| D. Cash |
Aye
|
E.
Update to Staff Handbook
The addition of this transportation policy is intended to help employees with students enrolled in Cold Spring School.
Derrick Cash asked for clarification about transportation to and from school in case of an emergency. Cody Stipes stated that it is the school's responsibility to provide transportation. This policy helps protect the employee, as they are always an employee of Cold Spring School, even outside school hours.
Carrie Bruns asked for more clarification of the language. Cody Stipes reviewed the current IPS document and then suggested removing "and only with the prior written permission of the student's parent or legal guardian, documented through the completion of the Cold Spring School Limited Transportation of Student Waiver," and replacing it with language similar to "at their own personal liability."
Cody Stipes will follow up about questions if we need a waiver to remain.
III. Closing Items
A.
Adjourn Meeting
- Cold Spring School--2026 Second Amendment to Innovation Network School Agreement - June 2026.pdf
- 26-27 CSS Charter School Budget_FInal.pdf
- Update to Staff Handbook_CSS Limited Transportation of Student Waiver.pdf
Cody Stipes presented.
The contract was approved at the June 25, 2026, IPS Board Action Session.
This contract expires June 30, 2027, which means a new contract will be put in place at the expiration of the current.
Dr. Tran asked for clarification on the contract renewal and if we had to resubmit to be approved as a charter. Cody Stipes explained that no, we will not be reapplying; we will simply renew as we have in the past.
Derrick Cash asked whether, if we were ever to stop using any services through IPS, we would still need an agreement. Cody Stipes stated that it is unknown, but contracts will be changing from 5-year agreements to 2-year agreements to align with IPEC.
Cody Stipes stated that this move to being a charter helps protect us, financially, from large changes within IPS.
Special Education and ENL services will be the responsibility of Cold Spring School. Administration will put this into place and is currently working on it.