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HomeMy WebLinkAbout09-07-2022 Minutes Special Meeting-AmendedDr. Scott Woolstenhulme, Superintendent 3497 North Ammon Road, Idaho Falls, Idaho, 83401  (208) 525-4400  Fax (208) 557-6800  www.d93schools.org Board of Trustees  Chad Dance  Paul Jenkins  Greg Calder  Carissa Coats  Randy Smith Bonneville Joint School District No. 93 is an Equal Opportunity Employer Special Meeting/Amended September 7, 2022 11:30 AM District Office 3497 N Ammon Rd Idaho Falls, ID 83401 I. Chairman Dance called the meeting to order at 11:35 a.m. II. The roll call was Randy Smith present Greg Calder present Carissa Coats present Paul Jenkins present Chad Dance present III. Motion and Order to Amend the Agenda (Action Item) Chairman Dance stated that a Board member moves that pursuan to Idaho Code §74-204(4)(a) amend the agenda for this meeting as follows: • To Add: Public Input MOTION: Greg Calder moved to amend the agenda as requested. Randy Smith seconded. Motion carried. Chairman Dance asked for a motion to Approve/Amend the Amended Agenda (Action Item) MOTION: Randy Smith moved to approve the amended agenda. Carissa Coats seconded. Motion carried. IV. Public Input: Chairman Dance stated that Pursuant to Board Policy #4105 Public Participation in Board Meetings, Public Input shall be held for a maximum of thirty (30) minutes and will provide an opportunity for any Board Member, administrator, staff member, student, or patron to raise issues of interest. The Board will receive such input without comment, except to ask germane questions of those speaking. Comments should be limited to three (3) minutes. The Board will take no action relative to any items during the meeting unless on the agenda, but may direct the Superintendent to consider such items at a subsequent meeting. Chairman Dance opened the floor for public input. Brian Stutzman - Ammon, Idaho – Mr. Stutzman asked the Board to tax the patrons the minimum. He would like the community to not be over charged so the district can defease the bond early. The community is not interested in the levy rate, they just care about their tax bill. Mr. Stutzman stated that the patrons of district 93 will not be upset there is a one- time tax relief and they recognize that next year it will go back up. Mr. Stutzman handed the Board a sample of the state one time tax relief that will be issued soon. Mr. Stutzman closed by reiterating that the district needs to tax the minimum especially in these economic times. Chris Bidstrup – Idaho Falls, Idaho – Mr. Bidstrup echoed Mr. Brian Stutzman with asking the Board to tax the patrons of District 93 the minimum. Mr. Bidstrup also discussed the high inflation and the economy that is affecting everyone currently. Mr. Bidstrup stated that the district doesn’t need to have a savings account. Mr. Bidstrup also stated that the D93 Community will appreciate the one-time tax relief and will be okay when it goes back up. Mr. Bidstrup recommends to the Board to keep one million, in the savings account in case it is needed. But not to keep all of it. In closing he asks the Boa rd to tax the minimum for the district 93 patrons. 2 V. Discussion Items A. Finance and Operations 1. 2018 Bond Fund Reallocation Resolution (Action Item) Chairman Dance invited Dr. Woolstenhulme to present to the Board. Dr. Woolstenhulme explained to the Board that at the August 31st meeting the Board approved the 2018 Bond Fund Reallocation, however the motion did not indicate having the redundant portion delted from the ballot verbiage. Dr. Woolstenhulme asked the Board to either approve or not approve having the language deleted, or they can keep as is and move forward. The Board briefly discussed the updated ballot language. Chairman Dance asked if there were any more concerns or questions. Hearing none, he asked for a motion. MOTION: Greg Calder moved to approve the 2018 Bond Fund Reallocation with the repeated verbiage deleted. Paul Jenkins seconded. Motion carried. 2. Tax Levy Authorization (Action Item) Chairman Dance asked for Dr. Woolstenhulme to present the Tax Levy Authorization information to the Board. Dr. Woolstenhulme explained three different possible options to the Board. He showed the following chart with the options: Dr. Woolstenhulme explained that the savings account is not a slush fund. A slush fund can be used for anything. Dr. Woolstenhulme explained Option A. He then explained the reason for a savings account that can only be used to pay down bonds. He also explained how defeasing bonds, saves the tax payer cost in interest. The bond savings account gives the Board the authority and fexibility in the future to either defease the bonds at some point, when the account reaches the maximum of twenty-one months we can not collect anymore. With Option B, the district would take 8.3 million dollars in savings and instead of reducing taxes one time, we would spread it out over eleven years. That would drop our collection from 11.1 million dollars to 8.75 million dollars a year for the next eleven years and lower the amount per 100,000 dollars that we are collecting from $182.00 to $143.00. This would level out the tax cut for the next ten years. Not just a one year tax break. With Option C, there would be a one time tax relief, we would empty out the bond savings account, which eliminates all flexibility from the Board. The Board reviewed the options, and Chairman Dance asked the Board for a motion. MOTION: Randy Smith moved to approve the Tax Levy Authorization of renewing the 5.8 Supplemental Levy, 2.8 Plant Facilities Levy, and the total collection of 4.0 million dollars. Leaving 1 million dollars in the Bond Savings account. Paul Jenkins seconded. Motion carried 3 votes to 2. 3. Supplemental Levy Resolution (Action Item) Chairman Dance asked Dr. Woolstenhulme to present a possible Supplemental Levy Resolution to the Board. The recommendation from the district is to keep the Supplemental levy at 5.8 million and use ESSER dollals to backfill when needed. The district needs to renew the levy every two years. This needs to be done by March 2023. Mr. Nick Miller from Hawley Troxell, was also available for the meeting. He explained that with new state statute, the district must include an itemized list of where the supplemental dollars is being used towards. The Board reviewed the resolution and the itemized list that Mr. Miller provided. After the discussion, Chairman Dance asked the Board for a motion. MOTION: Paul Jenkins moved to approve the Supplemental Levy Resolution pending final review. Randy Smith seconded. Motion carried. 3 VI. Chairman Dance called for any items for Upcoming Meetings. Hearing none, he asked for a motion to adjourn the meeting. VII. Adjournment (Action Item) MOTION: Carissa Coats moved to adjourn the meeting. Randy Smith seconded. Motion carried. The meeting adjourned at 1:14 p.m.