001Brownie here. Campbell here. Guerrero here. Hilbert here. Weieber here. Stall here. Wood >> here. >> Mr. Brown, would you lead us in the pledge, please? >> I pledge algiance to the flag of the United States of America and to the republic for which it stands, one nation under God, indivisible, with liberty and justice for all. visitors. >> Uh we have Kendall King from Kings Financial here with us tonight. And if you guys would like to, we could go ahead and uh jump into the uh working cash bond transition so that you can get out of here before we go into rest of our business. So, um I've kind of shared with you a little bit about um the direction I think that we need to really look at going over the next few years of
002uh going from a leased fleet to a purchased fleet. Um and that will take some time and some capital to be able to accomplish that. Um, since we currently only have one bus that we own, we will have to transition to uh a fully purchased fleet over time. Um, and instead of uh, you know, exhausting our reserves in uncertain times, I thought it would maybe be a good opportunity for us to look into purchase of a.5 million worth of cash bond. I've been talking to Kendall about this and from looking over our our levy and um our current finances thinks we have a pretty viable plan in order to do that without raising any tax rates or anything like that we maintain right where we're at. Um the only question would be do we want
003to look at self-purchasing that working cash bond um or would we prefer to just finance that from an outside source like we have done the other ones. There's something to be said for doing it that way as that kind of preserves liquidity and preserves the reserves that we have instead of tying them up in investments like we currently have with the death certificate. Um that's kind of the way I'm more leaning towards right now but still kind of crunching some numbers on that. That's not anything we have to determine tonight. Um, but, uh, I was going to go ahead and have Kendall walk you through kind of how things would go with this and what our process would be for those of you who have not been through this before and kind of talk about
004our timelines and how we can proceed. So, Kendall, you want to go ahead? >> Yeah, sounds good. I've got a hand out here. So, appreciate the introduction. Dr. Field said, "I'm Kendall King with Kings Financial. I know there's a few familiar faces here on the board from some folks that have been here. Uh the last time we did bonds a few years back for some of your projects, but just quick introduction to me. We're based out of Monaceel, so we have lots of schools here in the area. It's nice to be close to home uh here, and we do cover the whole state. It's a big state, so we do a lot of driving." and uh appreciate the chance to kind of be close to home here and talk to you guys about your bonds.
005Uh this first page here goes over statutory debt limits. So you take the district's equalized assess valuation of 124 million. You get to add that in the tiff number and multiply that by 13.8%. Uh that gives you uh just over 17 million of overall bonding capacity. I've got a couple of these two actually. Um, EAB stands for equaliz valuation. So that's the total taxable value of all the property located within the district. That's the combined sum of everything. That's your houses, that's your farm, ground, your businesses, everything kind of combined. EAV is roughly one-third of fair market value. So if you multiply that 124 number by three, that's roughly, you know, 375 with a fair market value of all the property, 375 million. That's everybody's combined houses, all combined farm brand, all that kind of
006stuff. Um, you know, nowadays you get a lot of tax things like wind farms or data centers or or horse tracks and stuff like that, I've heard. So, there's a I don't know where all the tax is coming from these days, but that's sort of the combined total, right? Um, anyways, the district has three uh bonds outstanding right now. We've got a 2019 A, a 2019B, and a 2026A. Um, the 2019B is an alternate revenue bond. So, the alternate revenue bond does not count against your statutory debt limit. Uh, the 2019A and the 2026 debt certificate. Those both do count against the debt limits. But even with that, the district still has almost 15 million of borrowing capacity. So, you really have a lot of room that you could be potentially borrowing up to. You're
007not going anywhere near your total limits. Um, I've got a lot of districts that we work with that are, you know, maxing out that debt limit to go out and do construction projects and stuff like that. So, you're in a pretty good spot that you have that much remaining capacity that you're not sort of tapped out from a debt limit standpoint. The section in the green there shows the 1 cent county school facility sales tax which the district is collecting just over 630,000 on last year's audit. uh that money is currently used. So bonds and debt certificates and all the different types of stuff, they get paid through two primary revenue streams. Uh you have property taxes and then you have the sales tax. And as of right now, the alternate revenue bonds and the
008debt certificates are paid by the sales tax and then the series 2019 A is paid by the property taxes. Um so what we are proposing in the form of a working cash bond uh which is kind of what's on the agenda tonight to start the process those are paid through property taxes. Um however kind of what uh Dr. Dr. Field and I have kind of worked through as a plan to uh lower some other levies uh specifically the uh IMRF and social securityities levies to make room for you know when you put it in this new bond if you increase the bond levy then if you lower a couple of those other levies to offset you can keep the overall tax rate uh consistent with previous years. So that's kind of what we're looking at
009as far as overall plan. Uh there's a working cash fund limit that you can go through at the bottom. I won't go through all those numbers in detail, but basically you could go all the way up to 3.6 million in working cash. Uh what's on the agenda for tonight is just one and a half million. So the district would still have 2 million of remaining capacity after assuming if it moved forward with this issuance. Um of remaining capacity left over in the form of working cash. >> What funds did you say you would balance out with my what? >> And social security. That's all one which is 550. >> And how do you decide which one you're gonna >> to pull out of that one? >> Yeah. >> Is because our our current balance in
010that is about roughly three years worth of operating funds within >> and so we have actually probably need to spend it down based on the excess balance that is within that. So we would be able to get through roughly two years and still have another year left over. But that is when we would start in the third year then levy some money back in there to make sure that we're able to take care of those obligations. >> Sorry. >> Question. Uh so we go to page two that shows the district's existing uh alternate revenue bonds and debt certificates. So there's a series 2019b in the orange. There's a series 2026A debt certificate. That's what we just issued here in the blue. Uh the two kind of fit together on the graph so you can see
011what that payment looks like. Uh the total payment starts at at just over 500,000 uh and then steps up by about 1% per year for about six years. Then it drops off when that debt certificate payment comes off. Um, in terms of your total county school facility sales tax, the district is collecting uh around 630,000 off last year's audit. So, you got a little over 100,000 margin that you should have every single year in terms of the sales tax to be able to spend on other projects for these next six years. And then once the debt certificate rolls off, you'll have a little more margin. We'll jump up close to 250. Uh and then those alternative bonds will be fully paid off in 2040 or fiscal year 20 240 calendar year 2039. Um one other
012thing to note those bonds are callable December 1st of 2028. Um the call date is the first date that bonds are able to be refinanced on a tax exempt basis. So you know you want to pay attention to interest rates between now and 2028. If interest rates are low enough to where they're below 4%, it would might make sense to refinance that and get a lower interest rate. If interest rates are above 4%, then you just kind of let it ride uh until rates make sense to refinance that. Uh 2028 is your your call to kind of pay attention to. So then flipping to the third page, uh we've got two bonds here. There's a series 2019 A which is a working cash bond and then the series in the orange here is the proposed
013working cash bond um which is on the agenda for tonight. Now as far as the steps in the process, I've got a timeline on the next page, but this is not the final final step the board needs to take. This is really just the first step to get the process started uh for a working cash bond which is on the agenda for tonight. Um, but it's in terms of the structure, if you look at the graph down at the bottom, it looks kind of screwy admittedly because if you look at that first year of the levy, it's going to jump up for two years and then come back down. And that is intentional. So, the reason we set up that structure, if you look over to the right here, you can see the bond and
014interest levy where it's going to step up to going from 1994 up to 422 that first year. Um, however, my next column over says IMRF/Social Security offset. The plan would be to drop those funds levies uh by roughly 210,000 uh to basically make up for the difference such that the net levy works out to be you know pretty consistent with previous years and then that will just step up by an escalator every single year with thinking being you'll just be capturing your EAB growth uh each year uh with that step up in terms of the IMR for social security offset That's something that can be decided every single year. So I'm putting sort of an estimate in this structure, but you'll have the ability to decide that every single November, December. As you go through
015your levy process, you can kind of look at see where things are at and maybe decide we do use a little more or a little less out of those funds. Lower them or increase them to kind of offset the levy to keep that same slope where you want it to hopefully kind of control the tax rate every single year and make sure that the overall tax rate remains the same. That's kind of rough structure what we're looking at. Any questions about that for me? So then if we go to the fourth page, I've got a proposed timeline. Uh tonight, what we have on the agenda is called the resolution of intent. That's kind of step one that you have to take to start the bonding process. Um, if the board chooses to move forward with
016this step, then after this meeting, we will publish two notices in the newspaper uh between now and 7 days before your June board meeting. Um, at the June board meeting, we will hold a public hearing. Um, we also have talked about potentially adopting a resolution to transfer money from the working cash fund to the hed fund. We could do that at the June board meeting if that's something that you want to do. Um, but that's optional. So I put a question mark there. And then after the July board meeting, the district could come back and adopt a sale resolution. That's kind of the final final, you know, when you're actually making decisions in terms of what the structure would look like. And then closing, you know, late July to early August is what you'd be
017looking at. Below that, I put the district's fund balances as of last year's audit. I apologize that's kind of small print there, but uh just kind of give you an overview. You're looking at roughly $2 million in the education fund at year end, roughly 850 in the O andM fund. Uh roughly 2 million in the working cash fund. Um and then roughly 600,000 in the IMR/social security fund. They're combined into one fund on your books. Uh they are two separate binds on your levy uh for what you levy with the county, but they're combined in one fund on your books. So that's kind of what we we're looking at. and um probably just need to sit down again uh with Dr. Field and kind of come up with a recommendation for the board between now
018and July. But it's not something that has to be decided now. But whether the board wants to do this in in the form of a self-purchase or an outside sale, we can do either one. Doesn't make any difference to me. I'm happy to do either one. And that's just kind of comes down to how comfortable do you feel with your fund balances, your cash flow, and your liquidity and whatnot. Any questions for me about process? >> I don't think about the process. I guess I'm just wanting to make sure my my main goal would be that we don't see any form of tax increase by doing it. So just watching that levy those levy balances and keeping them running at the same amount. Um that's something you'll be doing then to maintain year. Correct. >>
019Okay. >> I think that's I mean obviously we've been through it before I guess a little different manner than this but um the selfunding do you have any um I guess opinion on that from your end there's scope of things that you've seen good bad the other what's your >> well c certainly just from the standpoint of trying to maximize every dollar if you can swing a self- purchase I like it because you're earning interest rather than paying to an outside investor right but you have to balance that with your liquidity, how you feel, how comfortable you feel with cash flow, kind of what your expectations are for the next few years in terms of uh your different fund resources. So, I mean there there's a lot of moving parts if you can swing it.
020I always like to self purchase because you're you're earning interest instead of to the bank or estimate. >> And what are we seeing in our 1% right now just in the last three months? So, our projection right now, um, we are already over last year, and I'm looking at us being probably a little north of 700,000 in terms of what we made this year. So, that was up considerably from last year. Now, the last two months, we haven't got B County in yet. This month, I'm expecting it'll be around $30,000. And then we'll see probably similar uh numbers next month which would be somewhere between 55 and $60,000. So >> I guess that's what my main concern is. I mean prices are so high right now in construction world. We're seeing people spending less because
021materials are costing so much more. So I know we're seeing an excess right now because people are paying or have been paying um for the same goods they've always bought and you know just more money obviously because it costs more. But I'm just wondering what that trend is going to do if people are going to be holding tighter to their pocketbooks and we're going to see that 1% actually go down which is kind of a concern. But um that's why I just kind of wonder what you saw most recently like in the last three months if it's been affecting and these gas prices. >> We've seen a little bit less but not a huge dip just in the last two months. But then again too this would not be affected by that necessarily because this
022would be coming from You're pulling it all up. >> Yeah. Okay. >> But we'd still be sitting good on what we are pulling >> in terms of sales tax. >> Yes. What we're paying on the other. Okay. >> Yeah. Looking good currently. >> Okay. >> 2026A is off. >> That's the one we're talking about tonight. >> Uh 2026A is the death certificate. That's what we did for the So done six years, correct? >> Yeah. Levy year 2030, but it's really time. So I got three years listed on the way there. And it's kind of it's kind of confusing, but basically you're always you're levy, say for example, this levy last year. You levy in December of 2025, but then the tax bills come out summer 2026 and you make the payment, you know, December of
02326, which is actually fiscal year 2027. So there's three years that you're sort of spanning that you're looking one line across there. That's why I messed up year, due date year, and fisc year. There's kind of three different notes, please. There's kind of three different types you got to keep track of. >> And your timeline here works whether we're self-funded or out sourcing, correct? >> That's correct. >> Yeah. In terms of the sales tax proceeds, like I said, most most districts that's really been up this year. I mean, it's a it's a tax that's based cost of goods. So as inflation happens, as everything costs more, you know, people are collecting more money off that. Certainly gas is a big part of that, right? And so if gas is expensive, 1% of expensive gas is
024more, right? Um so I don't know in terms of if there's some sort of uh recession, you know, if that slows things down. To me, it kind of seems like the federal government just need money at this point to avoid the recession as much as they can, but Okay. Anybody have any other questions? So, tonight we would just have on the agenda to approve the motion or the the resolution. Okay. >> All right. Can >> I think we're good to go. Thank you. Thank you so much. >> Um, next on is the consent agenda which everybody received. Do we have any questions? Do I need a motion to approve the consent agenda as presented? >> Motion made by Jeff Hall. Is there a second? >> Browning. >> Yes. >> Campbell. >> Yes. Stall. >> Yes.
025for anyone wanting to attend a joint annual conference in November. I think I told you I wanted to go. >> I think there's good chance and building reports. We all receive them. Any questions? I don't know if Miss Wong you were in here, but I commented earlier and thought preschool promotion was adorable last night. I'm glad you guys do that. >> Short, sweet, to the point, and cute. So, >> I thought it was fantastic. >> It was cute. All right, superintendent. >> Okay. Uh, first up, I got foyer requests. I've shared with you the list. If you have any questions about those, I'll answer those at this time. Of course, we do have another special foyer request. and I'll share with you during close session. But uh I provided you with the 26 27 enrollment
026projections based on our current numbers. Um as you can see we are looking at uh the potential of an enrollment dip for next year which has been pretty consistent with our our last 10 years and five years uh that we've seen in trends. Um we're looking about uh you know roughly 20 students less based on these projections. Of course, next year we never really know what's going to happen in August, which is why we do this again in August and September to see what our final counts will be at that time. So, they could be up 30, down another 20, who knows? But that's where we're at as of today. I shared the strategic plan scorecard with you if anybody has any questions about that. I feel like we're making good progress there. Uh went
027through and kind of updated some notes with some dates and some other activities for you all on there. U bus barn update and alloc. So kind of put other facilities in there. We've got some other facilities updates to go on since Friday when I sent this out. Bus farm as you may have seen out there. Sturdy bill got the outer shell put together on it. Um Boddine has been in this week to start some uh electrical work. Kind of figured some things out there. Um they have also begun on lean tubes which happened today. Um so we're looking good. I have a meeting with the project coordinator coming up or we'll kind of look over timelines and see where we're at. But as long as the weather holds out, they've been moving pretty darn quick.
028So, uh, they made really good progress the last two weeks and that's going by very well. They're already working on some of the interior things now. I know the plumber was out kind of checking things out last week. We ought to be uh rolling pretty quick there on all that. Um, we also have playground uh construction started. They were out there digging in the rain the other day, which was kind of a mess, but they're getting the excavation done. Um, tonight I will ask you to go ahead and approve pouring of the concrete curve so that we can do the por in place. I've got a quote from Hudins Excavating on that. Um, it came in lower than what the builders themselves were able to do. Um, So, uh, we get that, uh, laid up
029and cured, then they'll be able to come in and put the surfacing down, and the rubber mulch has already been delivered, so they can start applying some of that even before that happens. But yeah, they should be able to get it completed fairly quickly within that. So, looking good on that. Um, >> the demo of that could be done by the old part. >> The old part. Yes. Okay. Yeah, we'll take care of that whenever >> part of their deal. They can't yank anything at all. >> No, they don't do any of the yanking. We We handle the yanking on our own and they do the buildup. So, >> is there anything we're keeping or reusing? >> I think we talked about keeping the red dome out there in the tire swing and that would
030be good especially for like ball games and stuff. And we would just kind of mulch that part in because it doesn't really wash out. I don't know about that one red swing set if that would be something we would keep out there, but a lot of the other stuff that's outdated. We're going to we're going to yank and and have kind of an open soccer field is the plan out there and kind of a little track kind of rededicating the weld walk and have an outside area for the kids to play on there. But I think it'll be really nice to have an open space looking through there. I talked about the school bus fleet transition plan kind of what we're looking there. Um, I had hoped we we had had uh our company that
031I had kind of discussed some things with them and and so I wanted to kind of move a little quicker on the resolution because they had had talked to me about letting us out of a couple of our current lease in le of us getting into some new uh new vehicles that were cheaper for us and the op option to purchase those. Um then the senior vice president of sales came along with the uh rep that I was talking to and said, "We don't do that. Um we don't let people out of their leases early." And then they pitched me um a new three-year lease. They said, "Well, we'll let you out of your current lease into a new three-year lease, but for cheaper with less interest, but over time, again, we're paying new bus
032prices, but we're not getting any buses out of it. will have no equity at the end of it. And so the deal wasn't quite as sweet as I think they were find it. But I have been laying with those numbers for about the last 48 hours. And it's in some cases buses we don't need. So I don't see the point in extending leases on buses we don't need for another three years and spending another 90 to $150,000 in lease money on that. So, uh, yeah, I had my fingers crossed on that and that did not come up well for us on that, but we have one year left on the current lease. And so, we write that out and start kind of getting our thoughts together for next year. About uh about fall will be
033time to start looking at those and pricing things out and getting bids to see where we fall at in terms of new and used buses. >> Can we buy the buses that we're seeing right now? Well, that would be a possibility, but we also would maybe not want to do that because those buses have already been on our books for three years, and so we would lose that depreciation money after two years that we would get from the state back in our transportation reimbursement plan. Um, I discussed that with our consultants. They've been in once. They were He was here for an 8 hour day. And so, you talk about drinking water from the fire hose. Um, we really started hammering through some stuff and we already without even digging into too much, we found
034what we feel like are some cost savings that would help us cut right off the top in terms of our transportation claim and increase that claim. Uh we did quite a bit to increase it this year but he is hopeful that we through depreciation of some of the capital things that we have done um through some of the other structural changes that we will make and standard operating procedure that we are going to be able to recoup even more through that. that will be a lasting thing. We'll do that claim as well, prorated or not. It would be good. Um, we'll also kind of look at balancing short-term leases versus um, you know, purchase of used buses, purchase of new buses, even uh, opportunities for lease to own buses worth it after five years. So,
035paying you pay a little bit more than you would pay on a on a lease, but then you own at the end of it. So, really the equity that you get out of the for five, six, seven years, whenever you decide to trade it in. Um, really brings the cost of payment down because you realize that equity. So, um, I'll update you more on that. They're supposed to come back in June once we get the books kind of finally squared up a little bit more and we'll start digging into the claim a bit deeper, but I think definitely some good plans within that. Um, new business up here. Um, spoke to the attorney and we have a couple board policy things here with 121. And I asked about, you know, do we need to do
036a first reading, a second reading? He said you could forego the first reading and do the business in one month as long as you do a motion to wave that second reading. Um, so I would suggest and recommend that you do that for the FMLA update and update 121 that we have coming up next. I need a motion to wave a second reading of presented changes to the board of education policies as presented. >> Mr. Wood, is there a second? >> Second. >> Campbell, >> yes. >> Guero, yes. >> Yes. Stall. >> Yes. >> Wood, >> yes. >> We don't usually do a second reading on >> No. So, it's just really He said he said really it would be probably to do two readings would probably be the proper thing to do on each
037of them even the press. >> Okay. >> And I didn't I was not aware of that but uh he said for procedural changes and stuff like that he goes you're usually fine as we have done to just do it in one reading >> and be done. So he said no harm no foul but just moving forward that would be his recommendation. So mot sorry >> oh sorry >> motion to adopt the presented changes to the board of education FMLA policy as presented. >> So basically we would be moving from a uh year of September 1 to August 31st that we currently have in the policy and making it a rolling year so that somebody cannot take FMLA leave say in February of this year. They take, you know, exhaust all of their time and then
038they come back in August and they exhaust all of their time again. It goes on a rolling year schedule so that they can not double basically take 24 weeks off at the end of the year. >> I have a motion. So motion by Is there a second? >> Second. >> Camper. >> Yes. >> Leaper. Yes. Stall. >> Yes. >> Wood. >> Yes. >> And then press polic. 121. I need a motion to adopt press policy update 121 as presented. >> Motion made by Is there a second? >> Stall, please. >> Yes. >> Leaper. Yes. Stall. >> Yes. >> Wood. >> Yes. >> Brownie. >> Yes. >> Campbell. Yes. >> Yes. >> All right. I shared the tenative amended budget with you. I will work to finalize these numbers um by our June meeting. Um I
039don't expect there to be a tremendous amount of flux, but you never know the stuff that comes up like just can't believe it. Um so I feel like we're pretty close on this one. Um the biggest points to see are there is a small deficit in education um which may be smaller, maybe a little bigger than that. We'll have to see how things shake out. It's about $6,000. O&M we had about a $30,000 um deficit within there. And then transportation, of course, again, we saw a sizable projected deficit of over $200,000. So, I have a a multi- uh faceted approach to how I'm going to address that here in the next year or two with CPPRT and some of our structural changes. Um but it's going to take a little bit of time to get
040that done. So, um as you know, I like to overestimate expenses, underestimate revenue, and so that's kind of where I'm at. I will finalize a little bit closer to the sales tax when I get that in there, but I put a pretty service estimate in there when I was updating that. I think it'll actually come in a little higher than what I had in there. But that is pretty much it for the amended budget. >> So, I need a motion to accept the tenative FY26 amended district budget as presented. >> Browning. Is there a second? >> I'll second. >> Yes. >> Wood. >> Yes. Brownie, >> yes. Campbell, >> yes. >> Guerrero, >> yes. >> Uh, next up, we uh we need to have a hearing before the next board meeting for the tenative amended
041or for the amended budget um as we usually do in June. So motion to set the hearing for the FY26 amended district budget as part of the regular board meeting and on June 17th at 6 p.m. Wood, >> yes. >> Brownie, >> yes. >> Campbell, yes. Guerrero, >> yes. >> Leber, yes. Stall, >> yes. >> Uh, it is that time of year again for us to renew our contract with Airark. Um, so I would recommend that you renew that for another year. >> All right. Okay. Do I have a motion to renew the contract with air for the 26 27th school year as presented? >> So moved. >> Motion made by Mr. Stall. I'll second >> yes. >> Campbell. >> Yes. Guerrero. >> Yes. >> Clever. Yes. Stall. >> Yes. >> Our health uh insurance
042renewal came in um slowly but surely. We finally got it h and kind of put us under the gun. Um, our broker had some some personal stuff going on that had a little trouble getting it to us. Um, but it was good news when we did get it at seeing only.57% increase. Our loss ratio was really, really good. Um, so we saw roughly about a $6 per person increase for this year. Uh, I think still in the future we need to look at maybe offering some other options for folks. Um, but we have the luxury this year to come in under our our promised amount with the association. And so this is not going to increase our cost a tremendous amount, although it will be just a little bit, but I would recommend that you
043go ahead and accept the health insurance renewal from Blue Cross Blue Shield. >> All right. Motion to approve the bid for health insurance for the 2627 school year with Blue Cross Blue Shield for the amount of $938 56 cents per employee per month. Is there a second? >> Second Camp. >> Yes. Guerrero. Yes. >> Leaper. Yes. Stall. >> Yes. >> All right. Uh next up we're um discussing uh consideration of board members attending the ISB annual conference 22nd 20 through 22nd. Um and uh I was just going to see who is interested in going. I know Stephanie said that she was as well as Martha. Is anybody else interested in attending the conference? >> I believe. >> Okay. Um, so we have Stephanie, Martha, Jessica, nobody else. >> At June 1st, the registration open. So,
044is that when you need our arm pass? >> Uh, yeah, I will need it so that I can get hotel rooms and stuff booked um in a timely manner. I would also need to know if your spouse is going um and uh when you plan to get there. >> Okay. They did say also that they're not going to be sending registration and your name things and everything to the school this year. You'll get those on site. >> Oh, on site. Okay. >> So, I need a motion to approve members of the board of education to attend the annual conference. >> Browning. Is there a second? >> Ferrero, >> yes. >> We stall. >> Yes. >> Wood. Yes. >> Yes. >> All right. Next up, we have a motion to hire Kerver Eken Brael. KB is
045our audit for the 2627 school year at a cost not to exceed 32,750. >> I'll move. Is there a second? >> Second, please. >> Yes. >> Leaper. Yes. Stall. >> Yes. >> Wood. >> Yes. >> Brownie, yes. >> Campbell, yes. >> Yes. >> Okay. Next up, um, Dun Company won the bid for the parking lot renovations at Second Life Primary School. Um, and the total cost that they had on the on the three parking lots was $111,396.30. Uh, my recommendation at this time to save money would be to forego doing the far north parking lot, which would save us about $13,000. Um, and bring our cost down to 98,000. Uh, but once we apply the of the engineering that it took. That will take us up um you know a little bit more money, but
046we did get the school improvement grant for $50,000. So we could put that towards the whole of the bill, which would then make our cost about $61,000 recommendation. So >> So goes up to the 111 >> um with the engineering cost. Correct. So the engineering cost was about the same cost as the north parking lot. >> So the Oh, I'm sorry. >> What I was thinking So this bid does not have the north lot in it, but it's got your engineering cost. >> It does not have the engineering costs in it. >> It has the north lot. >> So the >> I couldn't tell where the north lot was in all this. I could >> Yeah. And that's I had him send it to me because he had to do it by the square yardage.
047So the cost of it was $13,62.60. >> Okay. >> To do that's basically to do an oil and chip of that north lot. Um which I think is is not needed. I had it put it in there just in case we did not reach the number that we needed to have to meet the state requirement. >> So that was in this 111. >> It is. >> So >> right. So, >> but then he backed it out and he added the engineering in. >> Correct. Which we've already approved. >> Almost. >> Okay. That's where I was. You said you took something out, but it's exactly. >> So, I left the motion as not to exceed the 111,000, but we are not going to exceed it. We're going to do it for less. >> Okay. Okay. Okay.
048So, motion to award a bid the bid to to Dun Company for the parking lot rehabilitation and replacement at Sang Valley Primary at a cost to the district not to exceed $111,396.30. But wait a minute. Because it is engineering coming out of something else because it does exceed that. >> We've already approved We've already approved the engineering before we ever did the project start. So, it's already been done and paid. >> Gotcha. >> Yep. >> This doesn't modifications that we had previously talked about one time on the south side. >> This does include that. So, this will do the bus turnound in the south side. Okay. >> Three coats of oil and chip. It'll redo the oil and chip in that. Then we will reseal the north parking lot um on the asphalt there, >>
049but then we will not touch the far north parking lot, which is where we're going to have staff park there. We'll have parents come in on the asphalt and then we'll have buses come in on the south parking lot to do the >> I was curious if there was a modification you were talking >> and then this will also this will also do a fresh coat on the very back lane too. Um so it should cover all of that with the exception of that north lot. Um, I may have them catch while they're there at the cost per square foot if there is anything that we notice as being like a really bad like pothole that could fill up in the north lot, but I don't foresee that being a great cost. Just be a
050few few bucks probably north. >> Yes. >> Yeah, it's in pretty darn good shape still. >> So, do I have a motion? So move. >> Motion made by Mr. Wood. Is there a second? Second. >> Campbell, please. >> Stall. >> Yes. >> Wood. >> Yes. >> Brownie. Yes. Campbell. >> Yes. >> Sorry guys. I got a lot of complex moving parts in this. >> I was with you until you said not to exceed and I was like, wait a minute. Yeah. >> Now, >> um the next one's simple though, and that is just to award a bid to Hutchkins Excavating to install concrete curb for the playground not to exceed or $11,000, sorry. >> This is correct. >> They're putting a sidewalk in there >> and they're going to do them at the same time.
051>> I'll make a motion. Is there a second call, please? >> Yes. Yes. Campbell. >> Yes. Carrera. Yes. Gilbert. >> Yes. >> Leaper. Yes. Stone. >> Yes. >> Can I speak on a second? >> Yes, sir. While we're in during sports and stuff like that during the summer while we have a like that playground we just put in. There's no way that we can I understand it's there. A lot of people use it for public use. I've just seen some heavy use on it by people that shouldn't be on it. >> I'm not so sure we shouldn't knock it off somehow. >> I'm just curious. I mean, it's it's across all board. You got visiting people. Visiting people don't know. >> Sure. >> That's what I'm seeing more of is kids that I don't recognize
052and it's their own >> be helpful to put a sign. I've noticed that there's at a park in Morsburg there's a sign that says for use from and it gives an age. Um which may help. That's only if parents are going to force that. Also padlocking is not a bad idea. >> I'm just after the money's spent on it, I don't want to see anything. >> Well, it's meant for smaller kids, I guess. >> And right now the only kind of the only part I mean the only nice stuff. >> They're all that from all ages outside. >> The new part is going to be done in two weeks and so >> it'll different. It's not a bad idea to like, you know, it's public property. I don't think that we should walk it. >>
053Well, it's too >> I don't know that they won't just jump over it. >> Well, I think too I watch when literally there's a gate right there. I've watched older kids climbing the fence when there's an open gate right there. Can we just pay you a stipen to just go sit >> Matt Wood security guard yelled at him already. So I just want to make sure >> Miss Wong, could you check in on some signage that denotes that? >> What type of summer hours do you want to work? >> Now listen, I have two little children at home. >> Uh are they between the years of two and five? >> Yes. Yes, they are. Actually, Well, perfect. They come play. You can secure. >> One of those little signs like a little bear that says
054you must be shorter than this to play in here. >> I mean, yeah. Like I said, end of the day, it's just respect the people, but a lot of them were people I don't know. So, I'm guessing from other towns, so yeah. >> Well, and it's just they don't playing so yeah. Have no idea what's happening. No harm is going to try to make it last. >> Sure, >> if we can. >> Okay, moving on. >> Um, next up, we've got our intergovernmental agreement uh for making P ROE for our safe school program as well as futures and option three, which is program. I recommend that you approve it. >> We have a motion. So, motion made by Brownie. Is there a second? >> Second. >> So, call roll, please. >> Brownie, >> yes. Campbell,
055>> yes. Guerrero, >> yes. Oilbert, >> yes. >> Leaper, yes. Stall, >> yes. Wood, >> yes. >> Uh, next up is another intergovernmental agreement. This is for AOP and this is for our impact um liaison. Uh, we just interviewed a new one to replace Mrs. Woodward. Um, and she has a lot of that same energy and a lot of the same knowhow. We think she's going to be an awesome fit. And I also got finalized uh numbers from the ROE. Usually for us to house that program last year, it cost us under $200, which was really nice. Um and so we hope that it happens again. Um but we are really excited about our new person. So I would suggest that you make a motion to approve this. >> Okay. So this will be the
056motion to approve the intergovernmental agreement with making PA regional office of education to provide ALOP impact program for the 627 school year. >> So move by Campbell. Is there a second? Second call, please. >> Campbell, >> yes. >> Guerrero, >> yes. >> Gilbert, >> yes. >> Leaper, yes. Stall, >> yes. >> Wood, >> yes. >> Um, up next, we have the motion to approve the resolution of intent to issue uh 1,540,000 working cash bond funds to increase the district's working cash fund. Um, I think this is a very good thing to do, especially in the uncertainty of these times. >> What >> to increase our reserves, but also to get us into a self-purchase transportation situation, which I think will benefit the district long term. >> That's what I was just going to ask. Are
057you marking it specifically for that? And if we can't do that for a year, do you still feel that we go ahead and do this a year ahead of time? I guess >> I think it would be And then we could go ahead and put that in the CDs here. >> I think he said we wouldn't close until August or September too late. >> Yeah. It's several months from now. >> Yeah. And that kind of gives us time to plan like because the levy will be done in November, December. So that gives us time to plan to be able to make those adjustments and things too once the issuance goes through. And so I believe it would be sometime we actually funds, but it is kind of a long drawn out process. It took over
058three months to to get going. >> Is it I'm sorry, just one little thing. A working cash bond to increase the working cash fund. Are we not are we increasing the transportation fund? >> Well, it goes to working cash and working cash is kind of like your savings account. Okay. >> And then you will transfer that money cash to transportation to make bus purchases or to continue on with leases and things like that. Just make sure I got this off straight in my head. We're doing this so that we can self fun down the road. >> So yeah, when our lease is up, >> when our lease is up, then then we can self fun purchasing our own buses. We won't have to outsource. We pay ourselves the interest. >> We that's a choice to
059make in the future. Basically, you're doing the you're getting the working cash bonds and then we have to decide if we're going to selfund. Um, this would be for those purchases that he wants to make. But then come August, July, whenever we do it, then we would have to decide if we're going to outsource the financing of it or do it in house. >> But either way, getting the same amount to the same for the same purpose. >> But then, yeah, it would be dependent on like what the bus prices are. My plan would be currently you know, probably do some lease to own on some newer buses and then maybe buy some newer used buses and then we may have to lease shortterm some other buses till we can get on a good rotation
060to where we are doing, you know, every five, six, seven years we're selling these two or three buses. five, six, seven years now at least two or three buses and then buy them ultimately outright. I think maybe that's my concern, right? So I had some questions shooting, but thinking about just going time I've been on the board, we owned buses when I started and we got out of the business of owning them because we were having troubles with maintenance and there was constant flux on what we actually needed. I feel like this maybe puts us I mean we're still going to be in this constant flux but now we're back to the maintenance game. >> Do we still have to maintain the least buses? >> We do. >> We maintenance and we pay for it.
061>> Yes. >> So whether we're in the least buses we're paying for maint >> in the olden days we our maintenance is maintenance for for some of the stuff changes. I mean those kind of things I think they did we We're also going through rotation of transportation directors at the time that worked >> well and in some of that too like with the uh talking about the flux. So like when we get stuck in a lease for three years and this is part of my thought process on that too. Like right now we think we don't we've got one more bus we actually need but we can't get rid of it right now because we're in this lease with it. So we're still on it. You know where we own the fleet and own that
062bus that we can trade that bus in, sell that bus, whatever, you know, and then not have that extra added cost. Um, so that's kind of some of my thought process on that. As far as the maintenance goes, uh, one company that we have, they send the maintenance out to us. Other options, I know some other districts do actually there's, you know, some different Springfield indicator. We can actually take us to the service if you need something big. We think we also have some folks announces things like that especially given how facility actually so but definitely some valid things to think about. I guess initially if I had instead of a bond where the option just to go the year by year we're going to lose leases in 27 if we don't need a bus
063great we can cycle out one purchase the one that we switch to one short bus and then in 28 obviously we're looking at the same type of decision making sure that could be a possibility depending on where we're at and whatever we decide to purchase on the first go round. Um, also looking at, you know, there may be some leases in the short term that we need to still continue doing a few of until we can get to a fully. And those are things I've kind of thought about, been breaking down and looking at. I know like for instance on the activity bus, we're paying $25,000 a year on a piece on the activity bus. I can go out and buy a activity bus that's only a few years old for $55,000. So like that's
064definitely one I think for sure we need to purchase. We do want to trade out like our two lift buses. We're currently paying about $37,000 a year per bus for a lease. We really would be better served to have two shorter wheelchair lift buses. And even if we were to lease on those, you know, you're probably looking at roughly $30,000 a year to lease each of those, you know, whereas if you were to buy those, you could also maintain those over a longer period of time, say 10, 12 years. >> Do people keep them in their fleet that long? And are they safe that long? And I guess maybe that because I kind of had the same issue you were. We came out of only and we had old fleet buses that were costing us
065money here and there. We went into the leasing um because we have always new reliable buses. Well, until we had that problem with the whatever that is differential or whatever. But um I I know I'm the same way. Like I I kind of sit here and think, you know, safe are most people keeping if you're seeing surrounding districts wherever keeping buses that long in their safe to do so. >> So far and and I mean they are safe to do so like those and I'm not saying that we would necessarily keep them that long either. Depending on what happens, you know, you may want to trade them off, you know, get more equity out of them. But those would be buses that we would put fewer miles on time. given you know the regular route
066buses I would say you know those are being driven every day twice a day certain trips like that those are ones we need to replace on a shorter scale the optimal timing might be five to six years trading those out but at a staggered rate so that you're not trading them all out once we do not purchase a maint contract also We do have one. >> Yeah. What was that? >> What was that cost you? >> $30,000, >> right? A year per year. >> And that's So that's is that anything under the sun or is that just your basic new oil filter? Okay. >> Yeah. And then anything that we have like, you know, somebody tries to steal battery out from us and cuts the battery cables, that's an extra added cost. So if uh
067you know a bumper you know driver backs into something rips a bumper off that's an extra added cost. We've taken care of some of that actually. >> So I know that maybe transportation um people that you had brought in to overlook things only been here once for eight hours. Are they I mean what is their stance on buying at and least do they feel we have a better thought about that? >> They are they are adamant that buses the way to go. They think that leasing is the biggest ripoff of all time. >> I think so too in in normal circumstance like I don't for that reason, but um I just didn't know when you come into, you know, this big of a fleet and and having to to make sure everyone's safe on a
068daily basis. I wasn't sure what that was, but if they're all behind it, I guess that helps me. There's a lot of districts that are starting to shift that way as well because if you see you know the Merida especially when like the currently swearing I think our interest rates 6.75% I think getting lower now but still a lot of money that we're putting out there with nothing to show for day. >> So back to this one are you earmarking obviously the bus purchases out. Is there anything else for this? >> I mean, it's it's not that it's solely for you. Um, since it's going into working cash, however, though, if anything were to change, we could switch gears. That would also still leave us with our other working cash reserves. And if we decide
069not to self purchase, like I know the self-purchase looks great. You make a half a million dollars over that amount of time back in interest to yourself. However, your time some of your funds from the hed fund and some of your work cash funds in order to finance that which you still have all that money but you lose a little bit of it. And so I am leaning more towards doing a purchase from outside paying that interest out in order to get the liquidity of that over time. And that is me just I I was look at it and Mr. King said, "No, you got the ability to do this. You can make it happen. It's just going to be this amount of time that you have to balance things out." But me being a
070little more conservative on it, I would like to take the safest route possible. This is the safest route possible in order to do this. And also, you know, once we see the new contract coming in, anything that seems to happen with or anything like that that would negatively affect us, I don't think that's going to happen. Then we are able to pivot. >> So, all we're doing tonight is voting to to do this. We're not doing it for a while. >> Correct. >> So, we can change our minds. >> And we can still change because are the bus people coming back before July? I'm sorry. I know you said earlier, too. >> Oh, our our transportation. >> Yes. >> So, for anybody else have any other questions, comments, concerns? So for this evening, we need
071a motion to approve a resolution of intent to issue 1.54 million in working cash fund bonds to increase the district's working cash fund. >> Is there a second? >> Second, yes. >> Leaper, yes. Yes. >> Wood. >> Yes. >> Brown. Yes. >> Yes. >> Okay. And now we need to go into close session. 6581. >> All right. I need Is this all? Is that on motion to accept the close miss close session minutes as we're in close session? First by Wood, second by >> Second Browning. All roll, please. Wood, >> yes. >> Brown, >> yes. >> Campbell, yes. >> Guerrero, >> yes. >> Hilbert, >> yes. >> Leaper, yes. Stall, >> yes. >> All right. I need a motion to accept the irrevocable letter of retirement of Lu Allen Bon effective August 10th, 2026. >>
072Motion made by Hbert. Is there a second? >> Second. >> Browning. Yes. >> Campbell. >> Yes. >> Guerrero. Yes. >> Filbert. >> Yes. >> Leaper. Yes. Stall. >> Yes. >> Wood. >> Motion to accept the arrival for the letter road retirement of Timothy Roads effective at the end of the 2029 2030 school year. >> Motion made by Campbell. Is there a second? >> Second. >> Campbell. >> Yes. >> Guerrero. >> Yes. >> Silver. >> Yes. >> Leaper. Yes. Stall. >> Yes. >> Wood. >> Yes. >> Brown. Yes. Motion to accept the letter of retirement of Kennethski effective at the end of the 29 2030 school year. >> By Hilbert, I'll second >> Guerrero. >> Yes. >> Elbert, >> yes. >> Leaper, yes. Stall, >> yes. >> Wood, >> yes. >> Brownie, >> yes. Yes. And
073a motion to accept the resignation of Nicole Christensen as middle school high school art teacher effective at the end of the 25 26 school year. >> Stall second. >> Second. >> Campbell. Elbert. >> Yes. >> Reaper. Yes. Stall. >> Yes. >> Wood. >> Yes. >> Browning. Yes. Campbell. Yes. >> Yes. Motion to accept the resignation of Susan Hagen as middle school assistant scholastic bowl coat effective immediately. >> Motion made by second stall. >> Yes. >> Wood, >> yes. >> Brownie, yes. >> Campbell, yes. >> Guerrero, >> yes. >> Motion to accept the resignation of James Marksberry as high school girls basketball coach effective immediately. Go ahead. >> I think it was all three of us. Helbert, >> you're giving the second. >> Yes. >> Gus. >> Um, Wood, >> yes. >> Brownie, >> yes. >>
074Campbell, >> yes. >> Guerrero, >> yes. >> Gilbert, yes. >> Leaper, yes. Stall, >> yes. >> Motion to accept the resignation of Alyssa Willie as will benefit a peer professional and non-benefited bus driver effective May 1st, 2026. >> Well, can I just ask? So, she did submit a letter then. >> We didn't get it right. I just saw in that letter from >> Oh, it should have been in there. >> Was it in there? >> Yeah, it's in there. >> Yeah, >> it's like right before >> it is. Oh, I'm sorry. I read all of your stuff and I saw that she was given the option to resign. I missed that. So, I'm sorry. >> Okay. So, is there a second? Second call, please. >> Brownie, >> yes. >> Carrerero, yes. >> Yes. >> And
075then motion to employ Elizabeth Hanley as part-time school social worker effective at the start of the 26 27 school year. >> Is there a second? >> Call please. >> Campbell. >> Yes. Ferrero, >> yes. >> Leaper, yes. Stall, >> yes. >> Wood, >> yes. >> Brown, >> yes. >> Motion to employ Mackenzie Cisco as an equal benefit and care professional effective at the start of the 26 27 school year. >> Motion made by Brownie. Is there a second? >> Second. >> Wood, please. >> Guero, yes. Silver, >> yes. >> Leafer, yes. Stall, >> yes. Wood, >> Yes. Yes. >> Are those the same? Yeah, that was a state >> motion to accept a contract addendum for Kylie Burge at SVHs principal for the 2627 school year. >> Motion made by Browning. Is there a second?
076>> Lever call. >> Yes. >> Leaf. Yes. Stall. >> Yes. >> Wood. >> Yes. >> Browning. Yes. >> Campbell. Yes. Guerrero. >> Yes. Motion to accept a contract addendum for Jonathan Downing SVMS principal for the 2627 school year. >> Motion made by Wood. Is there a second? >> Second. >> Stall. Stall. >> Yes. >> Wood. >> Yes. >> Brown. Yes. >> Camel. Yes. >> Yes. Yes. Motion to accept a contract addendum for Christina Summer as SBIS principal for the 2627 school year. >> Motion made by Is there a second? >> Wood. >> Yes. >> Brownie. >> Yes. >> Campbell. >> Yes. >> Guerrero. >> Yes. >> Gilbert. >> Yes. >> We stall. >> Yes. Motion to accept a contract added inum for Bethany Walm as SVPS principal for the 2026 2027 school year. Motion made
077by Wood. Is there a second? Second call, please. Brownie, >> yes. >> Campbell, >> yes. >> Carrera, yes. >> Yes. Stall. >> Yes. The hearing for the 2026 amended district budget will be held on June 17th at 6 p.m. with the regular meeting to begin immediately after. At this time I need a motion to adjourn. >> So move by wood. Is there second? >> Okay. Joe Pbert. All in favor? >> Oppos? Motion passes.