001e e e Crosby roll call please all right Jason is excused Crosby is here Mike here Jake is excused Jim here Dale is excused Eric here Caroline here Craig here Pledge of Allegiance please to flag of the United States of America to the it stands na indivisible andice a moment of silence please thank you any citizens comments Sarah none today thank you uh first up we have um the claran group is that correct Joe yep claran students if uh students of Mrs heart would come up parents if you would like to take pictures feel free to come all the way around and come on up go up here okay talking to the microphone please okay so can hear you you're gonna have to grab it and just pull it down there you go hi everyone
002my name is Elliot and I'm EMT we are both in third grade we're going to give you an update about can you talk in the microphone please about Claren Avenue Elementary School happy St Patrick's Day since St Patrick's Day is connected to luck and luck is connected to the number seven we are here to give you a top seven update on all of the super Co stuff that is happening just across the parking lot at our school let's start with seven the cougar code the cougar code is the way we behave at claron it's how we are and when kids are staff show the cug code over and above we celebrate them we celebrate students and adults every single day here are some of the things we have recognized in the last few weeks we
003celebrated a first grader that was caught helping out in the classroom when making sure the room was neat and tidy after recess or a kindergartener who helped a friend when they were sad or a second grader that helped a new student by making sure they had some good cash to start the week there have been so many it's hard to remember all of them but the cool thing is that we have lots of friends and adults to keep that we have lots of friends and adults to celebrate every day it's because when you focus on finding the good more good happens anyone can give a super War sometimes adults give them to kids sometimes kids give them to adults sometimes kids give them to other kids too it is cool when we can all see
004each other by celebrating them let's move to six some fifth graders graders worked together to start a fundraiser to help a struggling School in California after all the after the wildfires the group had an idea in imom's heart our principal to set up a meeting when they met with her they shared their plan they researched who our school could help and how they made a video to show everyone how they wanted to help and what everyone could do to make happen they made a fly to send home to gather support they decided to have a school supp supply collection to help an elementary school get back on their feet after losing everything and the last step will be to sort any supplies that were donated and send them over they are 10-year-olds making our world
005a better place let's move to five we both love this one because we helped start it the Cub Club was started by 83 gers that identified a pro identified a problem the problem was that the for carers didn't get a chance to shop at the cougar store we felt bad so we sent a letter to miss Hart our principal and we worked together to open our Cougar store for our 4K students we gathered gentle used toys and stuff animals and we opened a store the 4 carers got to work on their counting because everything is 10 CER cash at our ceger store we we all took a student one-on-one to shop and we plan to keep doing this throughout the school year let's move to four our parent teacher group had a goal to make
006more opportunities for family time at school here are some of the events that they that they have held all of our events have been super awesome in November we had a a fall family bingo night our entire cafeteria was full we actually ran out of bingo cards but don't worry we made it work we will expect a huge turnout next year because it was so much fun in December we had a Bob Ross painting night we had a 100 painters and kids with their families all painting these trees with a Bob Ross impersonator it was super cool in January we all get to watch the movie Inside Out too and in February we had a family Valentine stance all of our events were were well attended and fun was head by all let's move to
007three you probably already heard about our Glow Run fundraiser our parent teacher group organized our our parent teacher group organized that and we have made money here is how we are spending it we have been able to update our playground equipment provide teacher grants for classroom ideas field trips and we just had an awesome no bullying assembly today it was amazing let's move to two we recently surveyed all of our first three sixth graders and we will share some of the data with you 98% of students at our school that took the survey all agree strongly that they know teachers are here to help keep them safe and want them to do their best they they know a trusted adult can help them and they know the expectations that Claren in the classrooms hallways bathrooms
008bus assemblies and playground they also know if they have problems there are adults at school who they know they can go to for help let's end with our last reason of school pride to share with you it's our strong focus on learning our building is full of Learners and we are doing our best in classrooms with our teachers every single day we just started taking our Ford exam today we and we can't wait to show you everyone how smart we are all of you are invited to come at any time to see our learning in action this was our update for you about Clen we hope you love it as much as we do do you have any questions what's your favorite event that the parent teacher group does for everybody uh the Bob Ross
009painting yeah and the Glow Run is the Bob Ross new this year I haven't heard of that one yet it was that was pretty awesome I liked your art thank you thank you anybody else great job thank you very much job you're very Bren ladies good job thank you uh next up we will have the Big Bend Elementary School student presentation Christine can you make sure they got the microphone set up please so I know I know it they'll have to tip it they'll have to grab it sit down welcome parents you want to take some pictures any parents who want to come around feel free hi Mr Burton Greg you want to come up with them morning welcome too hi Mr Burton Big B element what's happening at Big Bend Elementary Top Dog Awards
010top dogs are people who get awarded when they follow the month's theme or follow our school rules our school rules are when you're respectful responsible and safe these are some of the people that have gotten Top Dog Awards in the past two months the spring concert this year's spring concert was for the third and fourth grader grade Big Ben concert was the was Beatles theme the singers dressed up as various members from the Beatles and sang some of their songs the spring dance the theme was night night at the movies um we had to dress up as our favorite movie character oress just to impress and there were a bunch of raffle baskets BBS basketball team we have a girls and boys basketball team that are doing great this year more things to come Girls
011on the Run girls learn about friendship and at the end they run at the Brewer stadium day of Awesomeness there are bounc at the end of the year student staff basketball kids versus teachers art show the themes art in the dark the this year's book fair you can bring your guardian and they can join you in lunch and afterwards you can go to the book fair to check out a variety of books and this year's food drive for student council um well sorry this student council food drive this year every day of the week there is a different theme of food you can drop off Monday is canned goods Tuesday is hygiene soaps and shampoos Wednesday is meal starters macaroni or rice Thursday is snacks and Friday is breakfast the student survey data um 97%
012of kids have said that teachers provide what I need 87% of kids said I know a trusted adult that can help me 96% of students say BBE bbes is a safe place and 90% of kids say they would recommend EBS for school go Bulldogs anybody did you dress up at the dance what were you um to be me and my friends characters from a TV show out Banks ohia I wasn't there you Wen what's on the t-shirts exactly I have last year's t-shirt it's blue and it element and their shs are the same except there's our gotcha thank you very much great job today thank you guys next we are going to welcome up team 930 guys take a minute to get yourselves welcome team 930 thanks for having us thanks for having us um
013I'm Anthony I'm a senior um and I'm on the business team my name is Stefan I am a junior and I'm the electromechanical lead my name's Ava I'm also a junior and I'm on our programming sub or our programming team so uh Team 930 is part of the like mwano uh robotics program just all around as a region and we're a part of a bigger program known as FRC which stands for first robotics competition um every year they put out a new game and they have sub uh other programs that are for younger students that we are also involved in like a first Lego League um where kids build Lego robotics um every year they put out a new game for every single uh program that they have so the LEGO League team got a
014new program and uh new game and we got a new game um um and the game this year is ocean themed uh it's like water themed so we have a big old uh set of like PVC pipes that we put these PVC pipes on and you just take the robot and um over there and it has like elevators and arms and stuff that place it on top for points and then the playground ball over by Ava um we have a bigger Grabber that you might not be able to see on the bottom that is able to take that and score in a net that's about 9 ft tall um and that's overall what we've been spending the last nine weeks doing um running like a business and working to make that the best we can
015be so that our competition next next week goes the best that it can here's Steph to talk about um other things um so for the team specific uh like Anton said since the beginning of January we've been hard at work um pushing to be more aggressive this year with our schedule so that we can be in a better play for competitions coming up uh looking at the team from a smaller uh from smaller pieces from the beginning we've had design team hard at work throwing together the robot from scratch uh in our CAD software and making sure that it all works well together and can be taken into real life and that's where our electromechanical team comes in with fabrication electrical and um assembly with making all the parts um making uh assembling it into
016our actual subsystems and then assembling it into our overall robot and then making sure that everything is powered and able to run um this then gets moved over to programming which is really the brains like the nervous system of the robot and allows the robot to do everything that uh you would expect it to um but with uh all the physical aspects of like what you would expect the robot robotics team to be about uh none of it would be possible without the business business team which manages all of our financing our Outreach and all of our connections to sponsors like you guys um it's um been a very aggressive season with our schedule and uh we're in a really good place compared to our past year so in case any of you guys remember
017uh our past Seasons um we're still uh ahead of schedule from what we were before so we're really expecting a lot success coming forward which can be seen uh next week when we have our competition which Eva can elaborate on yeah so we spend all this time all this hard work on our robot but what's the point unless we compete that so this year we're attending two regionals um and one of them is really special next week we're attending the uh Phantom Lakes Regional and it's really special because it's held right here in mwano at Magano High School um and we extend therefore um an invite to any of you guys anyone in our community to come down uh see some robot in robots in action talk to some teams we have teams coming from
018all across Wisconsin um all across the country we even have some International Teams coming so it's going to be a super fun event um speaking from experience it's a really exciting and um competitive atmosphere the events are also free and open to the public so um it's a really easy and accessible way to get involved with um robotics in first uh that's happening March 27th to the 29th um and even if you can't join uh you can also just find um updates and also what's happening on our socials as well as our website and then again regardless of if you can come or not we just want to thank you guys all for um your continual support of the team we would not be where we are without you guys um and we contribute a
019lot of our success to um everything that you've done for us so we just want to say thank you so thank you guys so much do you guys have any questions Mike uh I got the date you said 27 through 29 March what are the hours what time does it start when is it done each day do you know um usually the competitions begin around 9 or 700 and 9 in the morning I don't have the exact time off mine but then the competitions usually go to about 5:00 pm each day and that'll be next week Friday and Saturday yeah thank you yep and do you have a website team 930 yes what is it team 930.com nice and easy to remember you said that there's uh some International Teams coming in from what country
020will uh students be hailing from when they're at maguo High School uh so we have four teams that are coming from different countries we have two from Mexico I think we have one from India and we have one from Turkey coming in um and then there used to be one from Australia that was coming in but they ended up canceling how many students uh approximately do you anticipate will be uh in maguana go High School competing that's that's hard to say the size of a team uh varies a lot is it a few hundred kids at least is that fair to Total yes um I would say maybe 30 kids a team average um and with how many teams are showing up there's going to be a lot of students and robots competing oh man
021now I know for uh you all put in a lot of work to host this event that's coming up here in a couple weeks so um there was several were there several sites that were ultimately uh um considered and ultimately they landed on on Magano to to be the host yeah introduce yourself please as well sure hello uh I'm Brian Charles Jr uh one of the lead coaches of the robotics team also maguo high school graduate so have been sticking around Magano for a long time to continue with our program um yes we will be hosting the Phantom l Regional next week uh the first Wisconsin group did evaluate a few different sites for it um all across the state of Wisconsin looking for an optimal Place uh and so we are really appreciative of
022all the effort that the Magano School District um and and uh put in to help us with that bid process help with the negotiations um and they ultimately selected the high school here in Magano um because of it being a good physical location having the gym layouts um it it fit a lot lot of the needs checked a lot of the boxes um and just we've had our offseason event here in the summer the last few years mrock um we'll be hosting that again this July so really doing that a few years ago set ourselves up for Success prove that hey we can host this big International competition um we'd love to continue hosting an event in the competition season in the future so when there's a lot of uh out of state you mentioned
023the four International Teams teams from out of state teams from within the state but maybe traveling from a long ways away it's kind of safe to say that there's a lot of hotels a lot of uh there's a lot of economy coming to town when something like this takes place that benefits the community correct absolutely yes we we really want to engage with the community here for this event um we love it because we love robots and you know we're big robot nerds uh but having all these teams come from out of state you know having um local restaurants hotels like you said um just having that opportunity for business is to have a big influx of uh students parents Spectators mentors everybody that's coming to Magano is going to be the place to be
024next weekend in in the First Community cool awesome thank you the uh the kids seem super smart and uh awesome what are you going to do when you graduate from high school go to college maybe and then what do you want what are you going to be when you grow up how about that what's your career plan I don't don't know specifically what I want to go into um I was thinking about uh Computer Engineering um being a part of the programming team has been like a really interesting um experience it's really opened me up to a lot of the different fields of engineering um so I definitely think that I want to go to some sort of engineering school for computer engineering um kind of in the same situation I don't know exactly what
025I want to do either but since I joined the team um I'm the person who primarily runs the CNC machine so all the plates and tubes that you see on the robot um I've had a hand in making that and that's inspired me to potentially pursue industrial engineering as I go forward After High School and um I've been looking at a lot of the UW system schools and msle for um After High School and it's just been something to look for yeah um I'm going a little bit of a different route than they are um I plan on going into the uh paramedics side of things I want to go to WCTC and eventually become a fire medic um I'm also hoping that being on the business team um will help me expand my reach
026from just being a paramedic to also having the freedom to work on other like creative projects that involve all of the things that I've learned through being on team 930 awesome anybody else are we going to see the robot in action not today oh we always we okay you have to come back cuz we look forward to that thank you very much team 930 appreciate it thank you guys good luck next week good luck all right moving on to the consent agenda uh meeting of the whole minutes March 10 2025 now we'll we will approve that I don't think we need a motion do we Joel a consent agenda number two approve of Voters and receipts again motion carried policy policies Joel so uh under policies we talked at the uh Committee of the whole
027last week um just keeping these on there if you have any questions as you review them uh please don't hesitate to reach out uh but those are policies that we will keep on into April uh and then we'll seek final approval at the April school board meeting thank you Joel uh student learning top uh very Personnel topics none uh student learning topics director support yep a quick review of the three items from the committee of the whole meeting the first item was a proposal for an extended trip from the high school we will talk more about that later that is an action item for tonight and then there was information shared regarding the academic and Technical Excellence scholarships including um the nominees for those two scholarships for this year again we congratulate those students and
028then the final item was a update on 4K registration again our prior priority registration has closed for this year um students have been placed based on their preferences um and those families will be notified of their placement very soon that's it for the director's report uh AP environmental pilot yep so um we will be this spring doing a pilot of two resources for our AP environmental course um with any of our AP classes just a reminder that these are college level classes and oversight for the course is provided by the college board so there is specific requirements for both content and skills that has to be covered um for this particular course there are nine units that are required in the past um we have used a variety of resources that align to that content
029um and to the course objectives however with a change over in staff and then also with some changes to the course by the college board we have seen a definite need to look for an updated and comprehensive resource so we will be doing a pilot we will be piloting one unit each from two different resources both of these resources are on the college board approved resource list the first um resource that we have listed there the environmental science book by fredin and r we will be um covering the required content from unit 7 which is atmospheric pollution that's the topic for that unit and then from the second resource exploring environmental science for AP by Miller and spoolman we will be covering the required content of um Unit 8 which is aquatic and terrestrial pollution
030so again we will be teaching the required content from the AP course which is required by the college board and then we will be utilizing the book as a resource to teach that content for the pilot itself students will not have copies of the text but rather the the teacher um will be using the resource um as a guide to try out the content see how well it fits with the requirements um from the college board and then um also see how well it fits the needs of our students um with the resource as with any resource that we bring into our district we do have full control over what we utilize from the resource and how we approach it so um in this particular case as I stated before there is required content however
031with the resource we have control over how we approach that so as we always do we will work with our staff to ensure we have alignment to the student and District needs we will continue to use supplemental resources as needed um with this particular course the AP environmental um it does teach the students one of the key premises of the course is to teach students how to apply science Concepts that they've learned to Solutions of important social problems so that's one of the key content pieces um from the College Board as we reviewed the content for the pilot for both of these textbooks that we are piloting as well as several other resources there are some areas that we have identified that we will have attention to um and we'll work with our staff to
032make sure that they understand how these topics are addressed Ure that we're using multiple resources um for perspective so we will continue to as we always do share our review notes with the board I also have the resources if anyone would like to take a look at them and then we will update the board on the results of the pilot and Angela you and Michelle are the additional readers on this cor to the teacher yep any questions for Jamie anybody how many students are taking this class next year um I believe we have I don't know the exact number I believe there's two sections of 20ish students per section yes why it was over 40 students I believe thank you Jamie Angela Angela sorry T seems like a Monday uh next up Christine um Student
033Services report thank you uh just a recap uh from the committee of the whole I'll be bringing forward tonight as an action item to um request uh the wsha county Consortium uh for the DEA and heart of hearing low incidents um disabilities contract so I'll bring that forward later and then just a recap that we will be talking U more about a students at risk policy in the future and I will continue to bring updates back to the board on that thank you Christine Angela I apologize that was horrible um finance and Facilities topics none action items dcart you want to go to number one there yeah sure so uh Brian Brewer from be is uh here to help answer any questions you might have tonight about uh what we discussed last week Monday so
034I going to get up to the podium here Brian do you want to take a seat at the table there and um we can tag team this here real quickly so again as we talked last time there's some economic benefit to the community and our taxpayers if we consider uh issuing our bond sooner our bonds sooner than later so just bear with me as I open this up here um Bri Brian please talk into the microphone so R can hear you thank you good evening is that close enough y all right thank you so I'm going to turn over to Brian Brian I have your slides up here just direct me to what you like to kind of take us through the highlights of why we should be considering and and potentially taking action here
035tonight sure thank you Tom good evening um so this first illustration is what the district has been doing you've been paying down the debt related to the high school uh you know managing the total cost of the project positioning yourself for the next need um so so this illustration is um the monies that are available for this spring to put to work to pay off the 2030 and a portion of the 2029 maturities so as you see where his cursor is the rates are a 1.8 and a 1.65 so paying those off and accelerating the debt repayment saves about $460,000 so that's part of step one of the plan that's what we had been planning all along um the second part was we were going to do one more year of that which would then
036Target that million 75 that you see right where the cursor is um and the um year prior to that um the million the part of the 2 million 810 so in exchange for you know instead of doing that one more time at the and paying off the lower cost debt right now the market it your new debt is is around 4% so instead of taking those monies and paying towards the lower cost debt that's already locked in and fixed um this would be the the change would be taking those dollars and paying it towards the new debt which is going to be closer to four plus or minus depending on where the market is when we finalize so that in and of itself uses those dollars more efficiently we will continue we can go ahead
037and scroll to the next page please um this was the macro plan right so you were going to pay off um the the 89 million one from 2026 through 2046 and so um if we waited a full year and we talked next spring uh we would just do all 89 million one in one issue next Spring State statutes limit you to borrow up to 20 year from 20 years from the date that you lock it in so in this case if we move forward with the locking in a large portion of the total with the known rates closer to four uh we would lock in approximately 82 million one and then we have that final 7 million that we would finalize sometime in 2026 but the key focus is that uh right side column where
038the the payments are about 7 million2 um that is a reduction of about $45,000 or so annually in each of those years that are yellow highlighted there and that Aggregates to in so the combination of locking in instead of waiting and locking in um at the 5% which is what we were uh estimating because we're waiting a full year we don't know where rates will be in a year um so the combination of you know using those dollars in the 25 26 Levy towards paying down the new debt keeping the 1.65% debt outstanding um and locking in closer to four you've you've reduced those future payments by about a million three the additional benefit if you scroll to the next page please Tom is um down towards the bottom here so you see in that
039lower right corner you see that million three that's that interest cost avoidance but the other benefit is that you receive the funds this year so this spring once we finalize it'll go into your project account and you can begin earning on the 82 million uh investment income so you can fix your investment rates and and it'll be US Treasury rates or FDIC insured bank CD rates so it'll be fixed rates this estimate uses a a planning rate of a 3.9 right now rates are still hovering a little above four but I I wanted to give you something that you know in case rates move a little lower that adds about 3.2 million of investment earnings the only two things that the board can choose to do with the that earnings is um finish out the
040project scope you know as you go through your bidding process you know some things may come in higher than others and you know those dollars can go to finish the scope the right way if there's any left over at the end of the project period you take it and you can pay down debt those are the only two things you can do you can't transfer those dollars back into the operational budget so it puts you by you know using these current estimates um it puts you about $4.5 million better on on Pace to be better than what you had communicated during the referendum process and so that's why we felt it worth bringing forward to you um to talk about this spring the resolution you have tonight is based on kind of the conversation you
041had at your meeting last week where the some of the dialogue was around H can we give direction to Joe and Tom to work with be and quarels to get the district in position to lock in and if the rate comes in at or below four and a half remember your planning rate was five so that's already a half a percent lower than the the communicated interest rate you know ideally we come in closer to four or high threes right we it'll continue to fluctuate until we can finalize but the resolution tonight is setting a parameter that says if the all-in borrow rate for that first 82 is million comes in at or below four and a half the president and clerk can finalize the the terms it doesn't have to come back to another
042formal board meeting so that there's more flexibility um for getting the paperwork together getting the credit rating together lining up the investors to buy the bonds from the school district so that's really what the action tonight is is setting parameters under which the board is comfortable delegating to the president and clerk kind of with Joe and Tom and my assistants But ultimately they would sign have the ability to sign off what's called an approving certificate at the time at which um the the goals are met you know so what is the risk of that right one risk is rates move higher from here and we don't do anything we then come back to a future board and have another discussion about do we want to do um uh a more likely scenario is that we
043get the paperwork together you know we're you know ready in let's say May to lock in and we're looking at rates and they're hovering around a 4.2 or four 4.1 we lock it in you save the you know the million three of interest you you begin earning on the the project account the 3.2 million and then six months from now rates move a little bit lower right that that would be the trade-off is that we're taking the confidence of the burden in the hand of you know borrowing almost a full percentage Point lower than what was communicated to the to the public um so that yeah thanks Brand we had we had quite to discussion at the community of the whole anybody else want to chime in here Caroline obviously the longer we would wait
044to pull that money in the less we would make on the investment of the money itself because now it's not sitting in our accounts so that's something to keep in mind as well correct yes yep Jim you raise your hand is there a somewhere there's got to be a diminishing return we're waiting if we don't get a loan enough interest rate have we looked into that at all I mean as low as we are right now it seems logical to move forward yeah and I I say this a lot at public meetings but I I wish I could give you a pinpoint of that but can you scroll to the B it's the bottom one more yeah so this one zoom out a little bit so this is a daily Municipal Bond index so we
045track this and we watch it every single day and when you're in position down here yeah well can well no I'm Not Gon to say it right that was an abnormal low because we were in an abnormal time period in our history um and and really if you if you look at all of that time period under the dotted line it was really two major economic events the Great Recession was kind of the middle of this chart that Peak right there and then the the pandemic is what was the the abnormally low which you took advantage of you refinanced the high school that to what what that's the reason it's 1.6 1.8 is because of that um and so I use this chart this isn't specifically the rates you're going to get but it's a
046it's a movement in the general borrowing environment and it shows that over a 30-year history if you can lock in near four for 20-year financing you're you're in a very good ab absent the two recessionary type events that happened um you know you're in a in a historically very favorable the added bonus and this goes back to um Miss Simon's question if you go to the next Slide the The Gray Line the blue is the same line but the gray shows the two-year treasury investment rate and so this this also kind of answers Mr Olsen's question I mean there is a diminishing return because once I plug in the borrowing rate and the investment rate once if those invert the plan looks different too and right now the grade the investment rate is at or
047higher than your long-term borrowing rate which is weird like it's only happened five times in the last 30 years so that's another reason why taking a portion of your total financing locking it in locking in your investment rates puts you in a great starting position to then come back and figure out what you want to do with that final sevenish million it's almost such that hypothetically we could borrow at a lower rate and invest at a higher rate and just let this thing roll there are some limits to that though correct but it's it's a unique time to take advantage Tom can you walk us through the tax impact Crosby would you uh repeat the question please I just wanted Tom to walk us through the tax impact the rate that's that line chart if
048you go up go down one oh I'm sorry yep right there there we go so really at the end of the day uh and I'll zoom in to make this a little bit bigger Brian please chime in at any point we've been um gray is what we've been projecting the the gray is what we've been projecting so when we look at it we're really trying to get into the 7.2 to 7.3 million do of annual repayment kind of like a 30-year mortgage once you lock in you have this fixed payment and off you go so each and every year for about 21 years we would be at $ 7.3 is million but at a that's at the 5% interest rate is that gray correct locking in now at a lower interest rate Brian what rate
049is this black at here is that 4.18 or 4.18 yes um you could see that we're coming in L so the tax impact it it lightens it gets less and and one of the key points of this visual the reason we did this one is it doesn't step up until the 2627 so we're still adhering to the communication that you won't raise the tax until the high school debt is closer to being paid off in 26 27 the only difference is you will have a couple of years remaining on the high school payments at the 1.6 type rate and be in to take advantage of the additional either savings or earnings so the dark line at the bottom there the planned rate for 2526 in this plan is the same as it was this year
050for 2425 so you're you're ading to the spirit of the communication so ultimately we told folks that there will be no increase until the 26 27 school year so you see this year where I'm hovering six about a $6.2 million uh repayment all towards MHS uh we would stay at that $6.2 million next year and I mean as I just back up here we actually in this Levy we cut taxes by half a percent we'll hold the line here as we head into this year and then in 26 7 uh the jump occurs and that's what we communicate all along so really we're sticking to the script of as to what taxes will look like uh this year next year and then uh the year that follows in 26 27 so we're not deviating from
051that at all so even though we're borrowing earlier than we said we were going to our taxes will not be affected we might end up paying less taxes and we're saving money correct okay yes so your re recommendation gentlemen I would say it's to uh approve the the resolution tonight that you have in front of you I think this is the right thing for the community financially speaking and I can't think of why you wouldn't a reason why you wouldn't okay we'll need a motion so when you do that could you just uh uh you want to say something Eric sorry go ahead so how long do we make money on the money I mean at what point in the construction because I'm assuming work goes on and then you pay it and then work
052goes on and then you pay it how how long do we get to keep that money to where it's it's earning US money Brian I'll answer that one there so we we we work with a bond proceed manager the last time we did this we work with an entity who who basically this is what they do you you secure a large amount of money you don't want to put that into Just One bank account you have FDIC insurance issues you want to make sure that you're completely covered so you those are ultimately invested in um uh a in a timeline where when the money needs to be liquid because you're about to make a lot of payments for supplies materials labor that money is available to meet those needs but if you do not need
053that money say for 18 months or 24 months you put it into a longer CD where the uh rate of interest can be higher so all 82.1 million that we're discussing here for borrowing would be timed up according according to uh the project payout and you know it's all kind of timed up and in syncing in rhythm anybody else Brian is that more or less it y yeah I mean yeah the only thing I would have added in addition was you you're likely going to earn more than the three and a half I'm showing because that's only the first year because you're going to be drawing it I'm not sure exactly how long the full construction plan would be but it's going to be longer than a year and so you know there'll be more
054reinvestment at in the future as well I was really just trying to isolate the tradeoff of getting monies in Spring 2025 versus getting monies in Spring 2026 and so it was that one year difference do we have a motion I'll make a motion to accept the resolution establishing the parameters as posted in the public content I'll second we have a motion in a second any discussion Carolyn can uh so stated in here is not to exceed 4.5% where were we at today so um I'd say we're closer to like 4 25ish you know we're still hovering around that 4.2 so the 4.18 was from a few weeks ago when we were preparing for your last meeting uh rates moved up a little bit last week um today was a good day in the market so
055it keeps moving so I'd say for a ballpark figure let's say 4.2 and if it's higher than four and a half we then just need to bring it back to the board at some future point right to have a new discussion of you know as a board are we comfortable in between that four and a half and the five uh or or not you know Crosby when is the soonest that we can refinance seven years but it's years from we lock it in or seven years from when we take the first draw it's from when we lock it in so it's the the I'm not sure so the the recent ones have been 2033 so that I would call that from 25 I'd call that eight but it's between seven and eight okay if we
056go to this debt schedule here um bear with me for a second so this is our our our repayment schedule here that I'm hovering over the the debts and I'll and I'll zoom in here the debts through 2033 essentially we're not we can't refinance anything uh at 2020 uh 2033 or prior but starting debt in 2034 and Beyond we can refinance that debt correct correct y so the bond the those who ultimately buy these bonds there needs to be some known interest that's going to be in return and not just refinance the next day right there there's got to be some commitment there but debts Beyond in 2034 and Beyond can be refinanced so if that happens I'm sure we'll be working together again to to make that happen as we have in the past
057yeah and that's what you did on the high school debt so when when those rates moved lower a few years later you took advantage of those lower rates so Crosby that good anybody else carollyn just knowing how volatile it can be if rates let's say later this week week we have it continues to do well and we're down to 4.125 can we just lock I mean do we do we need a bottom threshold in our do we need an amendment to there's no bottom like we want it to be as low as we can get it right so uh the what the key parameter is how high is the board tonight comfortable delegating to the president clerk so this will be a conversation we will be updating and working with Tom and Joe and they'll
058be communicating with President clerk when we're in position to actually sell so we have some work to do with coral and Brady uh paperwork wise and and getting the district assigned a credit rating so ultimately we'll create what's called an official statement so it's the perspectus that goes out to investors so that will be what's happening throughout April so you're probably not ready to actually even think about the daily monitoring until May all right but but the goal is to be as low as possible all and again if if we could lock in low which is good but you wait too long it could burn you something could happen to Market wise and go way up correct yes correct okay are we good so we have a motion a second all in favor say I
059do this roll call just roll call yep Crosby all right Mike hi Jim hi Eric I Caroline hi Craig I Crosby I okay thank you nice have it thank you have a good evening thank you ran thank you Brian thank you uh number two 2025 2026 buildings and grounds budget Andy you gonna jump in this Andy would you like to jump in here so the budget is the same no changes since once we talked about on Monday night and is there anything you like to add or we good I'd like to make a motion that we approve the 2025 2026 buildings and ground budget second discussion no discussion all in favor say I I I opposed motion carries okay policies Dr Cook oh sorry I apologize number three 10year capital plan yep so did have
060a a a change to or I gu I should say we're going to I'm asking that we table one of the uh project ideas we did a tour on Thursday night uh Crosby was there Jim was there we toured the uh locker room spaces at mango high school went through the South gym the north gym the West gym took a stock of the whole uh locker room and um you know areas so I think we have some good ideas just looking for a little bit more time to maybe hash those out put a price t on a couple Concepts that we're going to going to consider and bring that back to you in the future uh so there was five projects on the 10year capital plan uh we're just going to table that one uh
061for a short while and then uh move forward with the rest that's the recommendation right now so um all the information there I did update what's in uh niola right now so um looking for approval of this and this will ultimately set our fun 46 um expenditures for the 25 26 year I do just want to say one thing so when we did this at this time last year you know we identified a roof at Magano High School a roof at claron a couple other things uh for example the roof at claran um has a has a $1.8 million uh line item there and that is for all work like ideally it'd be great if that project could be done by June 30th it's not it's going to take a little bit more time than
062that so with the 1.8 million let's say if half of that project is done on June 30th and there's 900,000 that's not completed we're going to roll that 900,000 in to 2526 so the project was already approved the line items there it just becomes a timing thing so really what we're doing is adding these four projects for about 1.3 million to the list and we're going to start moving forward though so we'll finish what we have we'll move forward with the new stuff and off we go okay make a motion to approve the 10-year Capital plan as presented tonight second discussion hearing none all in favor say I I opposed motion carries Dr Cook policies yep so we have four policies on there tonight uh we're asking to uh not approve to hold on administration
063of medication we did notice that we have an addition that we need to make into that policy so not asking for action on that tonight um we have two policies I'll go over those quickly just about board member behavior and volunteers and in both of those those policies we added the criteria that board members to get badge access to our school will pass a child care volunteer background check uh so that you know those badges then could be activated um some of the question just to reiterate it would not preclude somebody from being a school board member if they didn't pass that check background check but then they would not have access to our school facilities uh during the hours of operation they could still come to the district office for meetings uh the other
064one and I'll have Christine go over it is 24 60.3 independent educational evaluation so this uh policy relates to an evaluation that is conducted by an examiner who is not an employee of the school district so the uh for the purpose of this policy an evaluation means the procedures used to determine whether a child has a disability so on occasion uh when we have a special education referral parents um are not necessarily in agreement with the results done by the school so then they can ask for an independent devaluation and we honor that request um part of that request then we have a the policy speaks to the former policy said 30 miles within the district that you could go anywhere within a 30 mile R radius to get an additional evaluation the updated policy
065just reads cisa one which is really given 90 square miles of our own District that is a reasonable um area and region the other two additions are just regarding when we send records to an outside agency making sure that we have a release of Records just letting us know that we can have those open conversations back and forth and then um in the event that the examiner wants to come in and do observations in school that we follow the same board policy which is 9150 about visitors in schools um and then the last one is just looking the last small change which wasn't addition that Neola had was just talking about if it ex exceeds the cost criteria then the district has the right to move to due process to determine that cost that has
066not been an issue to date for us um but it is in policy to protect us as well thank you Christine do we have a motion make a motion to accept the communications volunteers and the I heat e policy as presented second any more discussion hearing none all in favor say I I opposed motion carries extended trip okay at the committee of the whole meeting last week we reviewed this um proposal for an extended trip um this is a proposal for two of our MHS sta STA and four of our students to attend the national save um promise Club Summit it is in Philadelphia at the end of April all of the details of the trip were provided to the board um at the meeting last week there was a question as to whether there
067were any non-conference activities that were planned I did check in with the staff who um are sponsoring this trip the only non-conference activity would be a short period of sightseeing um on the Friday that the three students arrive um with Margie Canfield everything else is being held at the hotel the conference and they are staying in the same Hotel so for the rest of it they will be um just at the hotel so if there are no further questions I would ask that the board um approve this trip request thank you Angela thank you like to make a motion that we approve the save conference trip second motion a second any more discussion no discussion all in favor say I I opposed hearing none motion carries hirs retirements and resignations thank you we do not
068have anybody that was offered a contract uh nobody had a change in contract uh there was nobody uh who off was offered an employment agreement however we did have uh three employees submit resignations so Heather borgan grade four and Allison Robbins grade four that was a job share from Big Ben Elementary School they resigned their position and then Elise murdorf uh High School social studies teacher has uh resigned from her position effective on June 30th 2025 I'd like to a motion that we approve these resignations second any discussion hearing none all in favor say I I I all opposed motion carries thank you number seven Consortium agreement for specialized Services y so the school districts of wsha County serve students with low incidents disabilities uh therefore um the districts work together uh to meet the
069needs of of these students through a Consortium and then that is managed by the elbrook school district so we utilize this option for our DEA and heart of hearings uh services so I'm bringing the contract forward tonight for board approval make a motion to approve the specialized Services agreement second you have a motion a second any discussion hearing none all in favor say I I all opposed motion carries thank you great job Eric I mean Craig sorry Angela I'm so sorry I I got apologize two more times that's it though I have a I have a cousin that's named Jamie you look kind of like her I kid you not all right it's okay D thanks Johnny uh unfinished uh superintendent's report okay so um couple things uh spring break is coming next week uh
070you know we uh have had a nice run uh from January until uh until this uh end of March break um I had I was in a a meeting with one of our principes and uh you know most people look at that stretch as kind of a long stretch of school you might get a day off or two and and and he uh made the comment which was just I thought it was great he said this is the time of year when we get the work done we're really able to dig in we don't have a lot of breaks we don't have a lot of interruptions I'm not going to name him by name uh but he he went and you know he really put good Clarity on this time of year uh that being
071said um you have you may have seen or receiv received some emails about sick letters going home we've got a number of illnesses and classes so on and so forth our district has all of the junk in it right now and I'm sure many people's homes do as well so I hope our families are able to get some rest our teachers are able to get some rest over that break uh but then also just take that time to get healthy it's a good opportunity to air the house out get outside get some fresh air and get a break from uh circulating all of the germs um we had a great winter season uh Andy trell will be with us in April to do a recap but i' just like to take a moment to thank
072our athletes our musicians performers our coaches and advisers uh the winter season is a long haul for wrestling for for basketball if you're familiar with those that are are tied into it it's it's kind of the Pinnacle for some of our Performing Arts so really really appreciate everybody's uh everybody's efforts in that regard um in April we will have a formal presentation on where we are at with the ref referendum we'll have some renderings uh so everybody will be an opportun have an opportunity to see not only the layout of the building which we've kind of gone over uh but also what we're looking at what the building is starting to shape up to be from the Veterans Way from Highway 83 and then from the back of the building you'll see what we're looking
073at from a color scheme opportunity to look at it give some feedback as to where things are coming in um the other thing and it it came up uh about two weeks ago we had a gentleman from our community reach out about the time capsule that was buried in the front of Park viw in 1976 um so wow yeah 1976 there was a time capsule uh that was uh buried um he came forward he said I don't remember where it was buried I don't have the location uh at the time the district did not put a formal marker in place he said I think it's kind of on the front lawn of the place uh so uh this gentleman reached out on Facebook uh they were able to kind of say well you know it
074was between the tree next to the Rock by the old sign where the guy left his shoe it was kind of those types of directions so anyway Andy Wagner treas yep yep Andy Wagner uh he reached out to a company in uh wakashaw that is going to be assisting us with the location of this uh Time Capsule that being said if anybody knows of any other time capsule capsules memorials whatever it is that are on the property that was not marked you know please bring that to our attention um we have a period of time we'll be looking at breaking ground sometime in September and starting to do some earth work uh but once those machines hit the ground and start moving stuff around uh we cannot promise that the condition of whatever is found
075so or if it'll be found at all so uh please bring that stuff forward we are going to run a metal detector over the area uh and see if we can locate this this particular time capsule so if it's brought to our attention uh we will look for it um 1976 Eric were you born no I was either I wasn't either okay I was like one okay you out of high school right yeah that was it was your class right two years prior toal you want to jump in here okay so uh so yeah we've we've had a great stretch here great stretch from uh from Christmas uh to our to our spring break uh for those that are traveling I wish them safe travels for those that are sticking around uh if you're available
076uh that that team 930 uh that'll be a great opportunity they approached us with that idea you can see the passion that the kids have and to to truly be able to run that International competition at our school is going to be fantastic for our kids and also for our community thank you Dr Cook uh number no present report tonight uh we're going to jump into executive session Wisconsin statute 1 9.85 considering the employment of any public employees over which which which the government body has jurisdiction conferring with legal councel make a motion that we close the open session and go into closed session second crossby do you have to a roll call yep Mike yes Jim yes Eric yes Carolyn yes Craig yes rosby yes thank you and we will not have a need
077to come back into open session so we can shut it down then five minute break