9:45 and then we'll >> You guys can research high yield savings accounts. seats. >> I hear you. >> And let's get moving on to uh this. >> Thank you. >> You're welcome. >> So, we're going to talk. We're missing a couple of folks. Um what we're going to do is we're going to look at the option of the precision retirement plan. Um there are really only two options as I see it right is to do the precision retirement plan or to not do the retirement plan. So, we're going to run it through the standards. Um, and Joel is going to display, excuse me, a spreadsheet and we'll talk about the scoring. Um, but I'm hesitant to do this if we're missing three, >> four people. Let me let me just poke my head out here and see if people are Thank you. >> just say we're going to be making decisions without you.
Uh Bramard is is showing a couple more years of growth, not quite 47 and 31 and then a couple three years at towards the end of loss, but I would just caution you that that is fully 10 years out and so 7 to 10 years out. Um who knows what the place is going to look like out here then um especially in light of LG plant some other things coming on board. Um so those are projections but that's why we do the projections every two years so that we can adjust. If you remember, I might maybe off a little bit on his numbers, but if I remember his numbers correctly, we're looking to have homes coming into this area in the neighborhood of uh 8,000 new homes in the next five to six years. So, obviously, when you look out seven years from now, if you truly have 8,000 homes built, um who knows what the projections are going to be and and what's going to actually hit reality.
So, by doing this, right, >> instead of it ultimately the $750,000 with the 2.75 million override request is 3.5, right? Mhm. >> And by doing this, the 3.5 would then fall to our tax base, which would be get 2 and 12% would be added to it each year. >> The 2.75, not the 750, >> right? No, I know. But I'm saying if we had >> Oh, yeah. If we did do that, the 3.5, then that would become part of our base. >> Correct. >> Which then 2.5% on top each year. So by doing it this way, we move that to excluded debt which does fall away eventually and we only raise our base by two only by 2.75 which gets the 2 and a half% applied each year. >> Yeah. >> Right. And that again isn't to say that by moving it to excluded debt there is an impact financial impact but again it falls away as opposed to adding it all into the base which then gets compounded each year.
>> So then finals would be 17th, 18th, 19th, and 22nd, >> right? >> Oh, so you'd be able to get in and >> finals are half dates. Finals are half days. You can get >> the whole week would be finals. >> Okay. >> The whole week would be finals and the makeup days would be on the Got I believe they were to do that last year as well. >> I also think even with teachers in the building is fine. >> Yeah. I also think during the week, like doing it on a Friday is probably fine for us parents, but if there's people coming in, these kids couldn't have their car parade, which they've been doing for years, they'll never get through town. Um, you know, and then it's now dark out because we're going to have to do it. And I don't know if school's in session, people like, are teachers still going to be parked here?
>> Oh. This one's I didn't even Lane Frost and he is showing off who Lane Frost is. And then we have Stanley ready to present. And who are you? >> Steph Curry. >> And who is this? >> Albert Einstein. >> And who are you? >> I'm Selena. >> Tell me one cool fact about Ronald Reagan. >> He survived two assassinations. Wow, >> he's a sur. >> Wow. Thank you. >> By the way, I my family includes 17 to father >> and I was called for the best volleyball player of the SBI and I'm 40 now. >> Who is this? Hi. >> Gonimo. >> Hello, I'm Geronimal. >> Wow. Tell me one cool fact about Dono. >> He is one thing about him. >> He's a Rojo leader. >> Thank you. We have Arthur. >> And who is this? Jacqueline Kennedy ones. >> Wow. And you have a very nice purse.
All right. So, >> you may recall at our last meeting we came to consensus on using these standards that you can see in columns B through uh E. So, is it aligned to student outcome focused governance? Is it legal? Is it fiscally responsible and sustainable? And is it in the best interest of children? And we talked about our scoring four options. One is strongly disagree, two is disagree, three is agree, four is strongly agree. And I'm going to write these down just in case people forget. Um, that's great. If everybody knows what essay is, strongly agree, D is disagree. SD is strongly disagree. Okay. Thank you, Joel. So, given what you've heard about the uh precision retirement payout plan, the options are one to adopt that plan. Two, status quo, keep things as is. Just as a refresher, the plan only applies if you are 55 years or older.
So, how do we build the budget and what are our options? Really, you're starting with these four components. We already said the budget shortfall based on the two receiving 2% inflation from the state is a little over a million dollars. If we were to give an employee salary increase of 2% including benefits, that's going to be $735,000. We're projecting health premium increases at 12% which would be $200,000. Now, that number could change because our number could be higher or it could be lower. Um but based on our conversations with our current vendor um that's a projection we have. Note that um we do we have requested a second um uh group to give us a number. So as soon as we get both those numbers we'll come back with it. Uh the board has routinely for their my seven years here looked at a contingency of a million dollars.
>> Yeah. And maybe that's the way to say it is, you know, the tax increase will equate to 3.5 million. Um, but only 2.75 million goes on the tax base that grows. >> So I have a question on the strategic reserve. >> So what would be the process like when when when that gets tapped? Is there like like how how do we see that as sort of a line item because you know because I think I think if we're going to have a a fund like that, we need to like make sure we're aware of when it's being used and where it goes. >> Okay. What I could do is is I could provide like a quarterly report um for you that shows if it's been used and how it's been used. >> Okay. No, that >> would that be that? >> Yeah. >> Thank you.
There's not enough parking to begin with. were shuttling from town hall. Um, so I just worry about trying to coordinate a graduation during the week with school in session. >> So I would propose that if if it's legal for us to to um be more aggressive and um stick to the 20th for graduation that we that Stephen, you um talk to Mr. Blanda and see if that'll all work on his end because I know you guys coordinate with him regularly. >> I think you make a really good point about families commitments that go well beyond the town into the region and even nationally. You know these this is a really significant event for families and then for the town as we talked about last year and you guys know you've volunteered >> 40 years I believe right >> this 40th year a long time. >> Yeah.
Thank you. who made it to division one college on a best scholarship and I currently play for BYU >> area for students to post questions if they have questions they know where to go and then throughout the day >> um even so think share is a kind of activity that we're using for quick processing activity or for checking understanding from the kids so there are and welcome to intermediate news. I'm offjugi news anchor colton Lopez. Today I'm excited to share an important announcement about a special event celebrating the hard work and growth of our road runners. This special event will recognize students for their academic achievement, character, perseverance, and positive growth throughout the school year. To learn more about what makes the celebration so meaningful, we go live to our field reporter, Lania. >> Thank you, Colton. Over the past month, students have worked enlightently to strengthen their skills in reading, math, and other academic areas.
And if your payout amount, is it 5,000 or 10$10,000? $10,000 or more. Okay. So, what I'm going to do is I'm going to ask you on the uh count of three, you're just going to hold up your number with appropriate fingers and I'm going to add and someone who's my math person in here? Daniel. Daniel's gonna also check. We can all add, but when I start saying the numbers, I I trying to add it can get very confusing. So, um, Daniel, maybe help check my math if I call out numbers and we'll add them up and then we'll see where we are on the totals and then we'll talk about consensus after that. >> Okay. >> All right. So, the first standard is this option. We're going to start with option one, which is to adopt precision. Is this option aligned to student outcome focus governance?
Now a million dollars looks like a lot of money but I know truth and honesty a million dollars is about a 3 or 4% uh contingency. I would say private sector probably runs more in the 8 to 10% contingency. So some people look at a million dollars and say what are you doing with a million dollars. Uh but the reality is if you're running a $30 million operation on a million dollar contingency, I would say you're got your fingers crossed and hoping every single night that something doesn't happen to really make things a whole lot different. What then happens is what's the combination of those four things that we really want? There's probably five or six other options. This is just to give you an idea how we get to where we get to. But if you were just to say we're not going to give an employee increase and employees are going to have to pick up the health care premium increase and so all you're saying is we're going to try and cover the the shortfall from the 2% inflation increase and we want to keep a million dollars in the contingency.
>> And if it wasn't if it wasn't used, what would happen to it? Would it fall >> to free cash or? >> Yeah, if it wasn't used, it would fall to free cash. >> Yeah. >> Would it make sense to be notified when you're going to use it or are is this something that you think you're going to need to like be able to make just a judgment of this this happened and I need extra $5,000 so I'm going to pull it from the strategic reserve? >> Yeah. And I don't anticipate really being able or really needing to do anything until maybe the the middle of the year. No, >> you know, when we can kind of see that. But yeah, it is it is to provide a little bit more of that nimleness. But again, I can I can always bring back to you kind of what uh you know what it was it was being used for.
>> And it was awesome last year. It was my first year helping out so I really Yeah. So, keeping it on the 20th, I'm assuming. Is that okay? >> Um, I'd also just like to point something else out is that um I heard from some of my classmates that like they might have like summer programs and like orientation starting like in July, like right away. So, maybe getting like the final grades in as soon as possible like just to help out teachers so that they're not stressed out and being like, I need my final transcript for my college. So, just like to keep that in mind because I know a lot of people that are going to college like really soon. So, that way >> that's interesting. We were just at >> We were just at the college and my son can only go to one orientation because three of them are why he's still in school.
They have shown responsibility and commitment to doing their best. Students will also be recognized for demonstrating kindness, leadership, respect, and positive citizenship. On March 5th, 2026, our school will host our awards assembly in the intermediate gym from 11:15 a.m. to 12:30 p.m. Back to the studio. It's inspiring to see how much our fellow students have grown this year. We would like to warmly invite all parents and families to join us for this meaningful celebration. Your presence and support makes these moments even more special for us students. >> We look forward to seeing you on March 5th, 2026 at 11:15 a.m. in the intermediate gym for our awards assembly. I did for uh forget to add that we have three students who will be traveling to Atlanta to compete in the Amazing Shake in three weeks.
So on the count of three, show me with your fingers one through four. >> Guard rail. >> Okay. >> Um probably guard rail three which is aboution and >> recruitment and retention is a guardrail within there. Thank you. So let me see fingers. So I've got you want me to call out numbers Daniel or you want me to add? Okay. 3 1 4 4 4 3 3 3 3 3. >> 41. I got it. >> 41. >> Okay. >> I know. I usually just go 3 1 4 8 12 whatever. >> Just as you were saying. >> Thank you. >> Um >> 41. >> So this is how we come to consensus. Well, we we're going to do the points and then we'll talk about consensus after we get the points. Is this legal to do this? We're relying on Joel's expertise and >> it is a legal option.
We're going to have to come up with $2 million. The next three iterations just show you that you can run the range between 2 million and $3 million. Basically, you could go ahead and do three more iterations, but they're all going to line up between two and $3 million. So really, the issue that just comes out is what's the final numbers going to be and what are we shooting for? And so when we come to you with recommendations on April 8th, you may see a recommendation that says, "We think we can only give a 1% increase instead of a 2%." Or we might come to you and say, "We're going to freeze. We believe the recommendation could be a freeze." Now, you guys make the final decision. If I come to you and say, "I think we should freeze." And you say, "No, that's not fair to employees.
And the idea would be that the strategic reserve would be used for things like a one-time thing where either it's a little more expensive than you thought or something there's an emergency that has come up. You need to replace a bo not a boiler because that would not do with $60,000 but right >> something like that. Okay. So not it would not be used toward salaries or ongoing expenses. >> Well, no, it could be used for ongoing expenses. For example, let's just say um you know we the way we've forecasted um maybe bringing somebody on board um we're doing it for three quarters of the year, right? You know, uh we wouldn't have we wouldn't have that person hired in the first quarter. Let's just say for whatever example, we find a stellar candidate right away, you know, comes on board maybe a couple weeks early.
>> Yeah. >> So, what I'm hearing is uh potentially uh the elimination of two days and then maybe three if we can look and find out from the state that we can get that third. So, that we would end potentially on the 23rd would be the last day of school. It's almost like a hybrid of one and four I think. Yeah. Brad party on the >> 20th date if we can. >> Right. So just on the fourth potentially the option, right? >> But I So >> I just want to go on the record that we have to figure something out instead of eliminating days every year. I mean we're here to educate children and >> I get why we're doing it, right? We did it for the grad party last year, but I think we have to get creative that we're not eliminating days every year to accommodate a graduation schedule because I mean we need our kids in school.
Any questions for intermediate campus report comments, concerns? Thank you, Miss Piggy Lewis. Appreciate you, Miss Once Secondary Campus. >> Good evening, governing board president Buendia, governing board, Superintendent Diaz, and everyone else still here. Um so oh okay our highlights were that our BMS and BHS students participated in Special Olympics unified games for the first time. It was good to see. And then our second quarter benchmarks were given. February was a short month. I think we had two or three weeks in between our last meeting. And then as far as RCA what we are doing at RCA, everyone has a house. All our students are housed. We have the signage not only in English but the Anthem name in it in our cafeteria and where we can have it in public spaces. Um the one thing we are not let me let me start with the thing we're doing.