And so adding that section in of of the governing board will approve uh these fundraising events annually by type is is what we wanted to emphasize. So would these just go on the the first consent agenda of the year? Be a consent agenda and then if things if things that come up that weren't called out in those types of fundraisers then we would bring them back on a consent agenda. Okay. But we believe we can get it all covered based on in a general sense. Is there any other discussion? Well, this this is new because we hadn't done this prior, so it is something that we've had to update. So, when would this go into effect? uh you will take it back to policy May 12th for a second read and then we'll bring it back here at the end of May. So once it comes back on May 20th, it will go into effect.
Thank you. I'm still going to thumb it down because the number doesn't make any sense. $20,000 bucket. It's not going to do everything, but it's going to do something. And then I do think we need because the group next year know that this is still an ongoing issue. [Music] We're not we're not approving or not, right? We're going to keep it alive. Well, if we if we table it, it's not alive for today. No, right. Yes. So, but we're not voting yes or no on it completely. So, Ariel Ariel, are you voting to not table it is the question? So, is it okay if we revisit it again this afternoon? Ariel, sure. We can revisit it. Yeah. It says 20,000 doesn't seem like a lot for the amount of people who fall underneath facility, but it's a start. But it's a start. We're going to talk about it more later.
Thank you. Any other discussion or comments? Okay. All those in favor of approving uh the first read of policy 3-102, banking and accounting, say I. I. Any opposed? Thank you very much. 10.02. Uh is there a motion to approve the first read of policy 3-110, employee benefit trust reserving policy? So moved. Thank you, Dr. Robersonson. I will go ahead and second that. Uh Dr. McCord, do you want to Yep. Tell us about this. So when we transferred from the ASBA to the trust policies, um we knew then that there might be some policies that were missed for whatever reason. And this is one of those that should have transferred over to the trust. And this is the employee benefit trust reserving policy. And I'm not going to read the whole thing cuz it's it's kind of long, but essentially uh I'll read the first paragraph.
Yeah. Okay. Number 11. Psychologist will receive a base salary increase of 15,000 market demand stipen and psychologist will not be grouped with other certified staff for the purpose of negotiated raises and there's no cost to that. Vanessa Vanessa said it was budget neutral, right? We just Okay. So, that one really is going to be an easy consensus because there's no cost to it. Yeah. It says mon provided, but it should be monetary mode. Right. Cross that out. That one um according to what Vanessa said isn't costing us anything. So, we will come to consensus on that though because we did take the time. Well, I don't know if we'll come to consensus, but it's going to be a consensus vote. Yes. Yes. And I know we're probably not there, but sorry. As I read this, it seems to me like a psychologist could come to HR and negotiate a salary.
Gilbert public schools trust accounts for the activity associated with governing board approved health plans. This is different than the trust in terms of what we use for policies. GPS is responsible for paying administrative costs and direct claims under governing board approved self-insured health plans. The district additionally purchased specific stop-loss coverage to protect the trust from catastrophic events associated with its self-insured plans. And again, it goes on to explain all of those uh intricacies related to that. But again, this is here because it should have transferred over and we missed it. And so along with the think the next policy we're going to talk about, we just want to make sure it's included. All right.
Um, it's because whoever wrote made this handout did not put use the correct language. It should say psychologists will receive a base salary increase of $15,000 in lie of a $15,000 market demand stipen. So that's just a typo. Thank you for that. Joel, will you add that up there? It's not up here because it's still Oh, okay. I have it on mine. 15,000. Yes. But yeah, the wording is not Do do you want me to put the proper language into the Google chat? Yes. Okay, I will do that. Thank you. Number 12. Okay, number 12. Uh, special ed case managers will be compensated at the extra duty rate at up to three hours per IEP for taking on additional duties, vacancies or not special ed, not of not special ed certified teachers. We didn't Yes. It's already it's already our practice from the department. Okay.
Is there any discussion amongst the board on 3-110? I just wanted to mention that in the under the first heading it says it is affirmed that any reserves of the trust shall not be subject to a transfer out of the trust for any other district need. I think that's really important that we're leaving that there specifically for our employees health insurance that they've paid into. So I really appreciate that. All right, I'll call for a vote. All those in favor of approving the first read of policy 3-110, employee benefit trust reserving policy, say I. I. I.
How do we ensure that it's being by putting by putting it into our professional agreement? So, it should be no monetary cost. Yeah. We will do a consensus vote for that. Yeah. Okay. Number 12 vote. Yes. Correct. That's all we're doing now. Okay. Next one. 13. Internal advancement. If funds available, lower classified staff advancement criteria from 15 hours to 10 hours. In other words, 30 to 25, 45 to 40, 60 to 55. Monetary amount not provided. Yes. So table that or keep it for further discussion today. Okay. Uh go ahead. So this is just to encourage uh classified staff who may be close to having the the needed number of hours in order to move up in their position or whatever their classification. Is that the right way to say that? Um, we would have to go employee by employee and there's no monetary amount, but it seems like it would be easy enough to figure out who has these needed hours and who doesn't and it wouldn't be a huge monetary cost.
Any opposed? And that passes 10.03. Uh, is there a motion to approve the first read of policy 3-11, employee benefit trust investment policy? So moved. Thank you, Miss Humphre. Is there a second? Second. Thank you, Miss Murray. Dr. McCord. Thank you, Mr. President. Going board members. This is another one like I explained a minute ago that um should have transferred over but didn't. And um we put both of those policies to the trust so they can assign a number. So we had it in the appropriate spot in our policies. And this employee benefit trust uh investment policy. The purpose of this investment policy is to aid GPS in making managing and reporting investments associated with employee benefits trust uh with the available cash reserves. And Bonnie, you can kick in any further on that one. Okay. Who do we Okay. So who do we consult with on the investment of these trust funds?
It's just how many credits they have to get to move to another step on the or new sideways on the salary schedule to get more pay. Just like certified, they can bump up by getting more credits. And wouldn't HR have to approve any of those bumps anyways? So, god forbid there was a situation where someone got the hours, but for some reason it would bankrupt the school district or whatever. They would they wouldn't approve the pay raise. Yeah. Okay. I I can still thumb sideways, but what what why was this put on here? I think it's to make it easier for um those classified to move in the salary schedule by being able to, you know, complicate get professional development at a lower amount and still move because it is harder and that they have to pay for their professional development out of pocket. Avon I just want to say we're just table or not tableing it.
So um as part of an exhibit that's a regulation underneath this policy there is a investment matrix that that you all approved that gives us the limits of what kinds of investments that we can invest in and how long. So we can only invest for no longer than 12 months. And then a second exhibit actually specifies that it's not really a consultant, but he's um he's with Wells Fargo and he he just works with me generally and just said, "Here's the situation. Here's a type of investment he's been lading them." So, as an example, he might have one investment that goes out for 9 months and another that's out for 6 months and one that's out for 3 months. And then when they come due, then we ladder in another one and we and he always is conversing with me. Um and then just giving me a couple of recommendations and then based upon that and knowing that it follows our investment matrix, then we move forward um with those investments, but they're that so far they've only been agency um bonds and treasuries.
Yes. So let's just use less time to discuss each one of the options. Let's just continue with the list so then we can spend all the time discussing. We can do that but still some of them might want to I just want to hear their voice as well. Okay. Table or I mean keep it not not keep Well, I don't want to say that. I would like it to stay on the list. Stay on the active list. Yes. Katie, what are you thinking? Did I didn't see your vote. Okay. Stay on active. Um, next one. Um, number 14. If funds available, If funds available, provide a comparable stipen for licensing school psychologist. Keep it alive or not. Ariel, um, James, you're Can you live with it not being alive because you're the sideways one? And Ann, I I'm not sure. Kelly, can you live with it?
Okay, that was my next question. Thank you. I don't have any other questions. Does anybody have any questions or anything to discuss? Okay. Uh then I'll call for a vote. All those in favor of approving the first read of policy 3-11, employee benefit trust investment policy, say I. I. I.
But Dorothy was up, so can you live with it, Dorothy? I just want to hear their voice. So, I was I was up because this is a very small amount. It's literally like giving them the extra thousand and we already do that for other related service providers. So, in my opinion, it's an equity issue, but um I understand if people don't want to do it. Right now, we have no psychologists that would be eligible for this. So, it's literally $1,000 if a psychologist got that licensing. There wasn't an amount. It was the other related service providers. It's with everything else. Um, I get it. I'm just trying to spend so much time out what that amount was based on other districts. Like it would just eat a lot of time for today. Okay. And it's it's something that the department if they wanted to do could go at a later time to do on their own.
Any opposed? And that passes. Thank you very much. Uh agenda item number 11, items for future agenda. Is there any are there any agenda items that any of the governing governing board members would like to add to a future agenda? Okay. If there is anything, feel free to get in touch with me or Dr. McCord and we'll uh make sure that those are addressed on future agendas. Thank you. All right. Moving on to our board reports. We'll start with Dr. Roberson, our town of Gilbert Leon. Nothing to report. Thanks. Thank you. Uh I don't have anything to report from our audit committee. Uh Gilbert Education Foundation, Mr. Brainer. Nothing to report. Thank you, Mr. Brainer. And City of Mesa liaison, Shaina Murray. Nothing to report. Thank you. Uh and our legislative representative and employee benefit trust repres uh legislative representative and employee benefit trust representative.
So you're at keeping it or not keeping it? If the rest of the consensus is that worthy to table, then I'm okay with that as well. Okay. Okay. Uh number 15, our last finance option, internal advancement. When transferred to a new higher position, you would receive an increased percentage of your current rate. Sorry, Dan. We do have one more after this. It's the one that was added from the compression committee, the 171. Oh. Oh, okay. We want to call it future compression. Hopefully, someone does. Okay. But let's stay on this one. Okay. So number 15, internal advancement. Wow, that's a mix. So I think we will um keep this one because there's quite a mix. Well, we're not doing like the votes. We're just doing keeping to further visit. Okay, that's what does anyone have the wording for the next one? Because I don't have it.
Miss Humphre. Well, I had a couple things to report on the legislature. Um, some of the big things going on right now. Um, the governor did sign a law that has to do with cell phone usage in schools. So, we will be um, educating everybody about what that is and how it's going to look for Gilbert public schools. Can I kick in on that real quick while you said that? Um, I have consulted with our attorney. they will be uh putting together um policy language related to what that is signed. So I doubt I'll have it by our next policy meeting, but I'll have it at subsequent meetings and I'll get it to you guys as soon as I get it so you have an idea. Can I just ask uh on timing on that? So if it's not at the next policy, it would be the do we have a June policy meeting?
15. Do you have the wording, Daniel? I We can just We're um revisiting number 15. Do we want to just word something real quick? Approve. Approve $171,000 to be used for to address teacher compression. So all the ones that have a mixture of those, all of those are still on the table, right? Yes. Yes, the tabled ones are written. Joel's already captured them on the mean confer updates. Yes, we kept it. That's right. Correct. Thumbs up and thumbs down. Those were kept alive and then we're going to go through agreed to keep it alive. Could you speak in the microphone, please? If we all agreed to keep it alive, we kept it alive. Okay. And so then that's why we had a little bit of discussion in there because some people changed their mind and then we were able to maybe table it and not keep it alive.
Um I Yes, we do. I'm looking at Gabby. Is that going to give us enough time to have the second read and have it implemented prior to really discuss this uh because it's not on the agenda. It's just a part of the report, right? But along with your legislative update, I would say as it relates to policy that we have a mechanism that lets us to automatically go. Great. Thank you. Okay. Um secondly, uh there was a huge discussion uh for the children with disabilities and some funding there. Um and that issue became resolved when they finally came together and passed. um so those children get the additional funding that they need for the rest of the year and then they are working on the budget and we're just waiting to hear about that. Um on the other side I just wanted to talk about a couple things that I attended.
I'm confused because this one we're keeping alive even though there was a mixture of thumbs up and thumbs down but we're keeping it alive. Correct. And all the ones that had the mixture of thumbs up and down those are also on the table right now. Correct. The only ones who are not on the table are the ones that had 100% thumbs down or sideways. sideways or sideways. 100% thumbs down or sideways. Correct. Those are not on the table. They're tabled. Everything is either Everything is either tabled. We're not talking about we're revisiting. Okay. So, sideways, thumbs down, those were all tabled. Yes. Okay. Because I I was getting confused about the whole process because it seemed like it kept changing in between. Ariel, I feel it's very disrespectful that you're refusing to speak into the microphone. You can hear me. It's I'm not It's not me that need to hear it.