08-07-2013 Minutes_Work_Session - Laserfiche WebLink

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-� 24 JK J A A J497 North Ammun Road, Idaho Falls, Idaho, g34O1 (208) 525-4400 Fax (208) 529-0104 wvvm.d83.k12jdus m,/o^'h�,J ,gu'u-n.m"i "1im`id*u rd / /j�"xmumnva/.o-w/t Ys"vrmu*vt,,/ Work Session of the Board of Trustees Superintendent Soackett'sn0ce August 7, 2013 11:30 AM Roll Call Chairperson Annette Winchester called the meeting to order at 11: 36 a.m. K Call mOrder Those Board members in attendance were Chairperson Annette Winchester, Vice-chairperson Kin Nelson, Trea Jeff Bird, and. Trustee Brian McBride, umemmauenu000mwemxuponotenuon/coockxoarkex Deputy Superintendent marjemn McConnell, ChiefFinancial/Operations OfficerApril Burton, Technology and School Improvement Director Scott Woolstenhulme, Human Resources Director Shalene French, Financial Advisor Eric Heringer, Ty Salsbery, Todd Hicks, Michaelena Hix, Roger Hill, and Board Clerk Valerie Messick. Mr, Bird left the meeting at 12:30 p.m. 111. Items for Discussion 8uildinn8ption Chuck 3hackett. April Burton, Eric Heringe Chairperson Winchester asked Mrs. Burton and M information relevant mnpossible bond election h finance the building of additional classroom space for the secondary schools. They spoke about the history of the bonds in the District. The levy rate has stayed level because of growth and management by the District. Market values have been flat for the last several years, They explained that the debt capacity is what we can legally do as far as bonding is concerned. The current debt capacity is $95 million. That number is legal but not necessarily practical. We need toVu what *o need todo with the least impact to the voters. We Currently have five bond issues outstanding. Wo have money io reserve topay the 2U1S payment. |n2O10 there will boa drop and then the District can layer in and extend. The state will help pay back levies that are passed at the rate of 15% this year and will offset the indebtedness, 0h have bonds, a plant facilities levy, and a supplemental | The | t facility levy is pay as you go. The supplemental levy is used for operating costs and is pay as You go. Bonds are used for buildings. The existing debt profile has allowed us to do more without increasing the tax rate in the past. Now we will need to increase the levy rate. We can extend repayment terms and that will impact the tax rate. Wn have made conservative assumptions. Ne have built ina Cushion iointerest rates. Those have gone up but are still within the Cushion. We will refine when the Board decides what it wants to do. We are looking at flat market value across the District. Based on Versa Trans, bubble of kids are not at the high school level yet. We looked at church roles when we did the elementary boundary changes to see how many preschoolers we omm. Wn have seen o3% increase every year for the last three years. In 2008, we tied more kids and an increase in the tax base. Now we have more kids but not an increase in the market value. There is generally a lag in market value increases, Mr. Nelson asked where the first bubble is now. It is probably at the 51, grade. The middle schools are flat right now. Our high schools are increasing slowly. There are 143O students currently enrolled ntHi|mnxt|! was built for 1200. The elementaries and high schools feel the increase more than the middle schools. There is no guarantee for an increase in funding from the state. We would like to see an increase in the Supplemental Levy and we will need to plan on a new elementary as well. Our classified salaries need to increase because wo are losing them to districts with higher wages. We've got m build and «m need W take care n/ our people. We need to watch the minirnum wage issue as well. We have to be able to allow Our teachers the means to raise a family, Wv are not losing quality candidates for teaching but we are losing classified employees. We've tried not to put much salary into the Supplemental because if it does not pass, we are in trouble, Our supplernental is smaller than other districts our size and that reflects on what we pay our teachers. Because we have more growth, it can tie our hands with regard to salaries. Summit Hills will be almost full this year. Discovery io below their capacity because n| the growth io housing in that area. We've tried to keep Our e|amootahnoa(5D0'000students, Chairperson Winchester asked Superintendent Shackett to talk about building options. Wo want to Put out e Survey to see what people Will Support. We want to vote on a bond in November, The bottom line comes down to what the Board wants to do. We need to look at the global picture and then make a decision on what is best for the whole District, We need a committee to get private dollars and we will need to advertise our needs. We can't use tax dollars to advocate and advertise an increase in taxes. We had one levy that didn't pass because we ran it the same time as District 91. It was the Plant Facility Levy and we were able to double it without a levy increase, We will need to let the Community know what we have done without an increase in levy rate. We need a Couple of names frorn each of your zones that we can invited to be a part of this committee. Please give us a list as soon as possible. There is a calendar on steps we will need to take. We will need a resolution from the Board by September 181, if we want to run a November bond election, There is a timeline for a March election date as well. Mr. Hill talked about the tirneline for building once a bond has been passed. It takes about 10 - 12 months for design and then a year to go out to bid. Then two years to build a high school and 16 - 18 months to build a middle school. There was discussion regarding the possibility of aftering an existing plan. Sandcreek is the best and most Successful physical facility. Wo need to get on architect onboard before the election, The problem right now in our high schools. They are over 2S0 kids overcapacity. The electrical taps in the back of the schools are gone, so trailers need to be put in the front, We don't want to put 8~ graders back in the middle school. The big question wi||how|mNorthoya(mno*anthiovmau*the*izoofthohighn^hou|onrwhnUmrWeynantNrenuma||o,bighsohon|o. We need N inform them o| the costs and give them the pluses and minuses.