Because of the current low interest rates, the district could realize a cost savings of
The board will consider issuing general obligation bonds not to exceed
“We will sell bonds to lower the interest on the bonds we already have,” Superintendent
If approved by the board, the refinancing plan will lower the district's tax rate by .20 per
Geddis said tax relief is only one part of an overall “comprehensive approach” the district is trying to take to meet the needs of the community during the COVID-19 pandemic.
“During the COVID-19 challenge we're working to find other ways to serve the community,” she said.
“We waived registration fees and are providing most of the school supplies for our families,” Geddis said. “For homeowners, we're trying to lower the tax rate and give homeowners a savings.”
The district also is “rethinking the way we distribute food,” she added.
One plan being considered is sending groups of district support staff by bus to deliver food to students' homes.
“We also plan to have lots of tutoring available for all of our students, and we want to make the learning day more flexible,” she said.
“Nothing has been finalized,” Geddis added. “These are just ideas we're working on.”
Also tonight, the board will:
–Review a proposed spending plan for the 2020-2021 school year and decide whether to display it publicly for the next 30 days.
The tentative budget shows
“We were very conservative with the revenue we thought we might get from the state,” Geddis said about developing the proposed budget.
–Consider a recommendation for a new principal for
Last month, the board appointed
–Consider approving a bid of
“Because the teachers are using their own phones, we have to find a way for them to be able to use their district phone,” Geddis said.
The district purchased its existing phone system in 2007.
(c)2020 the Commercial-News (Danville, Ill.)
Visit the Commercial-News (Danville, Ill.) at www.commercial-news.com
Distributed by Tribune Content Agency, LLC.