Aug 17, 2020 Board Meeting

[00:00:05]

IT IS NOW 6:15, IT HAS BEEN DETERMINED THAT A QUORUM IS PRESENT.

[A. Call to Order]

THE NOTES OF THIS MEETING HAS BEEN POSTPONED IN A TIMELY MANNER AS REQUIRED BY LAW.

THEREFORE, AS THE PRESIDENT OF THE FRIENDSHIP BOARD OF TRUSTEES I NOW CALL THIS MEETING TO ORDER. SO AT THIS TIME, THE BOARD WILL NOW RECESS THE OPEN SESSION AND CONVENE IN

[B. Closed Session]

NO VOTING WILL TAKE PLACE AT THE CLOSED MEETING.

ALL FINAL VOTES, ACTIONS AND DECISIONS THE BOARD WISHES TO TAKE AS A RESULT OF THE DISCUSSIONS IN CLOSED SESSION WILL TAKE PLACE AFTER THE BOARD RECONVENES IN OPEN MEETING.

IT IS NOW 6:17.

THANK YOU. THANK YOU.

ALL RIGHT, BOARD ENDED ITS CLOSED SESSION AT 7:00, AND WE ARE NOW RECONVENING IN OPEN

[C. Open Session]

MR. ROGERS, WOULD YOU MIND GIVING THE INVOCATION, PLEASE?

[D. Invocation]

WE THANK YOU FOR BEING BACK IN SCHOOL.

AND I KNOW THERE'S PLENTY OF PARENTS, PLENTY OF KIDS, EVEN TEACHERS, LORD, WHO ARE READY TO BE BACK. AND WE THANK YOU SO MUCH FOR ALL THE PREPARATION THAT HAS GONE ON TO MAKE THIS DAY HAPPEN. WE PRAY FOR SAFETY FOR OUR KIDS AND OUR STAFF AND OUR PARENTS.

WE PRAY, LORD, THAT THIS VIRUS WILL NOT REAR ITS HEAD AND THAT WE CAN WE CAN GET THROUGH SCHOOL YEAR. FATHER, WE THANK YOU SO MUCH FOR THE STUDENTS AND THE STAFF OF THE ADMINISTRATION OF THIS DISTRICT AND FOR THE LEADERS THAT THEY ARE THE GUIDANCE THAT THEY PROVIDE EACH AND EVERY DAY.

THANK YOU FOR THIS BOARD.

LORD, WE JUST ASK THAT YOU BE WITH US AS WE MAKE DECISIONS THAT AFFECT THIS DISTRICT IN YOUR HOLY NAME, WE PRAY. SO PLEASE RISE AND JOIN ME IN THE PLEDGE ALLEGIANCE TO THE

[E. Pledge of Allegiance]

SO LET'S JUST CONTINUE ALONG THAT PATH, SHALL WE.

AT THIS POINT. WE'RE GOING TO CALL A PUBLIC MEETING.

[2. CALLED PUBLIC HEARING]

SO WE'RE NOW OFFICIALLY OPENING THE MEETING AS A PUBLIC MEETING FOR THE BUDGET PROPOSED TAX RATE. CHIEF FINANCIAL OFFICER MR. FARLEY REEVES HAS PREPARED A PRESENTATION.

MR. REEVES, I'LL TURN THE FLOOR OVER TO YOU, SIR.

THANK YOU, SIR.

THANK YOU BOARD, FOR THE OPPORTUNITY TO PRESENT TO YOU ONCE AGAIN.

BEFORE I BEGIN, I HAVE TO GIVE CREDIT TO MY DEPARTMENT IN THE EFFORTS TO GO FORTH IN THIS. I HAVE WIL ME TONIGHT, OUR DIRECTOR OF FINANCE, [INAUDIBLE].

[INAUDIBLE] THIS YEAR AS OUR COORDINATOR OF ACCOUNTING, AND HIS NAME IS [INAUDIBLE] AND HE'S BEEN WITH US SINCE THE BEGINNING, MIDDLE OF JULY SOMEWHERE IN THERE.

AND THEN WE HAVE SERENA WOOD ALSO WITH US, WHICH IS OUR COORDINATOR OF PAYROLL AND PROGRAM OPERATIONS.

SO APPRECIATE THEIR PRESENCE.

AND I WANT TO GIVE THEM A LOT OF CREDIT WHERE THEY ARE [INAUDIBLE] AND HELP GUIDE ME AND DIRECT ME AS WE GO THROUGH.

SO YOU GET OUT IN FRONT OF YOU AND JUST GIVE YOU A CHANCE TO SEE THOSE WHO WORK.

WITH THAT IN MIND.

LET'S TALK ABOUT THIS YEAR.

THE END OF YEAR PROJECTIONS HERE.

YOU'LL SEE IN OUR GENERAL FUND, WE'RE PROJECTING THAT WE PROPOSED A BALANCED BUDGET TO ON AUGUST 19TH OF 2019.

AND SO THIS YEAR WE ARE CLOSING OUT THE BOOKS WITH THAT SAME BALANCED BUDGET, WITH THE EXCEPTION OF A COUPLE OF THINGS YOU'LL SEE ON THE LEFT SIDE THERE, WE HAD A ONE POINT ONE MILLION DOLLARS IN TECHNOLOGY REFRESH IN THIS YEAR'S BUDGET, BUT WE ALSO NEED TO

[00:05:03]

AS A RESULT OF COVID.

WE HAD THE NEW ACTIVITY BUSES THAT WE HAD THIS PAST YEAR.

THAT WAS A LARGE PURCHASE WE HAD.

WE ALSO HAVE LAND PURCHASE.

SO IF YOU TAKE THE ONE POINT ONE MILLION DOLLARS IN TECHNOLOGY AND A LAND PURCHASE HERE ON THE LINE ITEM UNDER REVENUES, YOU'LL SEE TRANSFERS AND OPERATING BUDGET.

IT'S A TWO POINT SIX DOLLARS MILLION THAT'S LISTED THERE FOR YOU.

THAT IS THE DIFFERENCE.

AND SO THOSE ARE AMENDMENTS THAT WE MADE TO THE REVENUES TOWARDS THE BUDGET, TO THOSE TWO LARGE EXPENSES.

AND SO WITH THAT ALSO, YOU'LL SEE THAT WE ALSO HAD THE OPPORTUNITY TO DO REDEMPTION OF A PORTION OF OUR 2013 BOND SERIES.

AND IN DOING SO, WE SAY THE DISTRICT WELL OVER 12 MILLION DOLLARS OVER THE LENGTH OF THAT PARTICULAR BOND. SO ULTIMATELY, THE PRIMARY DIFFERENCE YOU'LL SEE IN THE AMENDED BUDGET VERSUS THE PROPOSED BUDGET, WILL IT BE THE TWO POINT SIX FIVE ZERO MILLION DOLLARS THAT YOU'LL SEE THERE UNDER REVENUES, AND OF COURSE, IT LINES UP TO THE EXTENSIONS.

ALSO, WE WILL SEE IN FOOD SERVICE THAT WE OPERATED IN A DEFICIT BUDGET, HOW WE MAINTAINED THAT.

WE'LL SEE DIFFERENT REVENUES WHEN IT COMES TO FUND BALANCE CHANGE.

BUT WE MAINTAIN THE BUDGET AS IS AND AS PRESENTED TO YOU ON AUGUST 19TH OF 2019 AND THEN THE DEBT SERVICE.

LIKEWISE, WE WERE ABLE TO REDUCE SOME OF OUR DEBT SERVICE THROUGH THE REDEMPTION OF THE BOND. AND SO YOU'LL SEE THAT ADJUSTMENT MADE THERE AS WELL.

ONE OF THE THINGS I NEED TO POINT OUT TO YOU AS YOU GO THROUGH YOUR BOARD PACKET, THERE ARE SOME LEGAL REQUIREMENTS WE MUST GO THROUGH.

I'M NOT GOING TO READ THOSE TO YOU OR REFER TO THE EDUCATION CODE FORTY FOUR POINT ZERO ZERO TWO. AND WE LOOK AT THE PREPARATION OF THE BUDGET AND ITS STEPS THAT ARE NECESSARY IN DOING SO. THOSE ARE PROVIDED THERE FOR YOU.

YOU'LL SEE THAT ON THE NEXT PAGE AS WELL.

WE HAD TO HAVE AND PROVIDED NOTICE OF BUDGET AND TAX RATE MEETING AND THE BUDGET ADOPTION PROCESS THAT SAMPLE THE AUGUST 13, 2020 HOUSING IS FOUND THERE FOR YOU.

AND IT WAS ALSO POSTED ON AUGUST THE 5TH OF 2020.

SO WE HAD TWO POSTINGS ON MONDAY AND WEDNESDAY OF TONIGHT'S MEETING WITH OUR PROPOSED TAX RATES, INCLUDING.

OBVIOUSLY, WE'LL TALK ABOUT THOSE IN A LITTLE BIT MORE, DETAIL.

GOING TO THE NEXT PAGE, YOU'LL SEE FURTHER BUDGET REQUIREMENTS THAT ARE LISTED THERE AS FAR AS DIFFERENT THINGS THAT WE HAVE TO INCLUDE TONIGHT'S PRESENTATION, I'LL SAVE YOU THE MISERY OF LISTENING TO ME READ 'EM TO YOU AND ALLOW YOU THAT OPPORTUNITY ON YOUR OWN.

ALL RIGHT. SO NEXT UP, THE THINGS THAT WE LOOK AT WHEN WE LOOK AT BUDGET.

AND SO WE COMPARE LAST YEAR'S BUDGET TO 1920 BUDGET VERSUS TWENTY TWENTY ONE BUDGET.

AND SO THE THREE MAJOR AREAS WE ALWAYS LOOK AT.

NUMBER ONE IS ENROLLMENT.

THAT SNAPSHOT OF 2019.

BACK IN OCTOBER, OUR ENROLLMENT WAS TEN THOUSAND TWO HUNDRED FORTY EIGHT STUDENTS.

THAT WAS OUR SNAPSHOT OF ENROLLMENT.

FOR THE UPCOMING BUDGET, WE'RE USING A NUMBER OF TEN THOUSAND THREE HUNDRED NINETY SIX AS OUR PROJECTED ENROLLMENT.

SO THAT'S AN INCREASE OF ONE HUNDRED AND FORTY EIGHT STUDENTS OR ONE POINT TO FOUR PERCENT IN OUR STUDENT POPULATION.

AND SO THAT'S THE FIRST NUMBER WE UTILIZE, IN LOOKING AT OUR BUDGET PREPARATION, OUR AVERAGE DAILY ATTENDANCE, I WANT TO REMIND YOU, AVERAGE DAILY ATTENDANCE IS A COMBINATION OF THE PROGRAMS THAT STUDENTS ARE ENROLLED IN, WHETHER IT BE SPECIAL EDUCATION 504 CAREER AND TECHNOLOGY, EDUCATION, ALL THESE PROGRAMS ARE WEIGHTED, SO YOU RECEIVE MORE THAN JUST YOUR ALLOTMENT FOR STUDENTS ON YOUR BASIC ALLOTMENT.

THERE'S WEIGHTED ALLOTMENTS DEPENDING ON THE VARIOUS PROGRAMS YOU CALCULATE INTO, AND THEN YOU ALSO LOOK AT THAT STUDENT'S INDIVIDUAL ATTENDANCE TO CREATE YOUR AVERAGE DAILY ATTENDANCE. THIS IS ACTUALLY THE NUMBER WE GET PAID OFF WHEN WE TALK ABOUT OUR BASIC LAW.

SO IN 1920, WE FINISHED OUT AN AVERAGE DAILY ATTENDANCE OF NINE THOUSAND SIX HUNDRED FORTY EIGHT POINT SIXTY SIX STUDENTS PROJECTING THIS YEAR WITH OUR STUDENT ENROLLMENT POPULATION AND PROJECTIONS THAT WE WILL BE AT NINE THOUSAND SEVEN HUNDRED AND EIGHTY SEVEN POINT NINE SEVEN ZERO STUDENTS TODAY.

ONCE AGAIN, THAT'S ONE HUNDRED AND THIRTY NINE STUDENTS AND AN AVERAGE DAY ATTENDANCE VERSUS ONE HUNDRED AND FORTY EIGHT IN ENROLLMENT FOR ODDLY ENOUGH, ONE POINT FOUR TWO PERCENT STUDENT POPULATION INCREASE.

NEXT ELEMENT, THE THIRD ELEMENT THAT WE LOOK AT IS PROPERTY VALUES.

[00:10:04]

COMPARE THAT TO LAST YEAR AT THE FOUR POINT FOUR NINE SIX BILLION DOLLARS TWO YEARS AGO ON THE '18-19 BUDGET CYCLE WAS FOUR POINT ONE EIGHTY SIX BILLION.

SO WE'RE SEEING A CONSISTENT TREND OF ROUGHLY ABOUT THREE HUNDRED IN THIS PARTICULAR YEAR, THREE HUNDRED TWENTY THREE MILLION DOLLARS IN INCREASED PROPERTY VALUES.

BUT WE'VE SEEN THAT SAME CONSISTENT TREND IN THE PAST SEVERAL YEARS.

THIS NUMBER BECOMES REAL IMPORTANT TO US AS WE START LOOKING AT THE OVERALL PERCENTAGE OF GROWTH IN OUR DISTRICT, BECAUSE THAT'S HOW THE STATE IDENTIFIES YOUR COMPRESSED TAX RATE.

WE DID HAVE ONE HUNDRED NINETY ONE MILLION SIX HUNDRED SEVENTY NINE THOUSAND DOLLARS IN NEW PROPERTIES THIS YEAR.

THAT COMPARED TO LAST YEAR TO ONE HUNDRED NINETY THREE MILLION SIX HUNDRED FOURTEEN THOUSAND DOLLARS. SO WE'RE STAYING VERY CONSISTENT AMOUNT OF NEW PROPERTY GROWTH PLUS OVERALL PROPERTY VALUE.

SO WE SEE THAT TREND IN THE LAST FOUR YEARS, WE'VE BEEN VERY, VERY CONSISTENT.

THOSE ARE THE THREE AREAS THAT WE LOOK AT IN DEVELOPING BUDGET.

ONE OF THE THINGS REQUIRED OF US IN THE STATUTE IS WE HAVE TO DISCUSS AND HAVE A QUICK DISCUSSION ABOUT FUNDING LAG, A FUNDING LAG PRIOR TO THIS YEAR IN HOUSE BILL THREE, WE WERE ABLE TO PROJECT VALUES AND GO OFF OFF FUTURE VALUES BEGINNING IN 2019, 2020.

WE HAD TO GO OFF CURRENT YEAR VALUES.

AND SO YOU WEREN'T ABLE TO PROJECT.

THE PROJECTION WAS THAT FUNDING LAG IS YOU MAY NOT RECEIVE YOUR REVENUES UNTIL THE FOLLOWING YEAR FOR WHAT YOUR VALUES WERE.

SO HOUSE BILL THREE'S GOAL WAS TO TRY TO ELIMINATE THAT WHERE YOU RECEIVED YOUR REVENUES BASED ON CURRENT YEAR, AND NOT FUTURE YEAR VALUES.

OBVIOUSLY, THERE'S A LOT THAT GOES INTO THAT.

BUT THIS HAS MADE THIS VALUE CHANGE, HAS SUPPOSEDLY ELIMINATED THAT FUNDING LAG.

WE SEE CONSISTENCY IN OUR PROJECTIONS FROM THAT.

AND SO WE WILL SEE ONCE AGAIN AS WE GO THROUGH THE BUDGET AND WHAT OUR PROJECTIONS ARE, EVERYTHING IS REMAINING SOMEWHAT STEADY.

AND A BIG PART OF THAT, OUR PROPERTY VALUES HAVE BEEN CONSISTENT, OUR PROPERTY, NEW PROPERTIES TO BE CONSISTENT.

SO WE DON'T SEE THAT LAG EFFECT US AS GREATLY AS SOME DISTRICTS.

ITS INTENT IS FOR THOSE DISTRICTS THAT LOSE PROPERTY VALUES IN A YEAR DON'T HAVE SUCH A GAP TO MAKE UP IN THEIR REVENUE SOURCE.

AND THAT'S WHAT THE INTENT OF THAT LAW IS FOR.

TAXABLE BASE, I'M SORRY, GOTTA SHOW YOU THAT SCREEN.

TAXABLE VALUES. WE LOOK AT THE CENTRAL APPRAISAL DISTRICT NET TAXABLE VALUE, EXCLUDING VALUES UNDER THE PROTESTS AND CERTIFIED VALUE.

SO THESE ARE THE FOUR CATEGORIES LOOKED AT.

AND BASICALLY WE'LL TAKE THE NUMBERS THAT WE'VE SEEN AND I'VE JUST DISCUSSED.

WE SEE A CONSISTENT TREND OF OUR VALUES ELEVATED, OK, AND IT'S VERY STEADY.

WE DON'T HAVE ANY SHARP INCLINES OR DECLINES IN OUR PROPERTY VALUES.

OUR CENTRAL APPRAISAL DISTRICT'S TAXABLE VALUE OF ALL PROPERTY CONTINUES A STEADY INCREASE, AND THAT'S IDEAL FOR US.

THEN WE SEE THE NEW PROPERTY VALUES AS WE GO INTO THE NEXT SLIDE AND WE SAY THAT WE WERE DECLINING A LITTLE BIT.

WHEN YOU'RE TALKING ABOUT THE OVERALL TREND, IT'S A TWO MILLION DOLLAR DECLINE IN PROPERTY VALUES AS FAR AS NEW PROPERTY TO OUR DISTRICT.

SO NOT A HUGE DROP IN NUMBERS WHATSOEVER.

WE'RE GOING TO SEE THAT KIND OF STEADY.

AND WE'RE PROJECTING BASED ON THE MOST RECENT DEMOGRAPHIC STUDY THAT WE DID, THAT WILL CONTINUE THE TREND BARRING ANY SIGNIFICANT IMPACT FROM COVID.

EXISTING PROPERTY VALUES CONTINUE, AS WE'VE ALREADY DISCUSSED, CONTINUE TO RISE AT A STEADY RATE, ROUGHLY ABOUT SIX, SIX AND A HALF PERCENT A YEAR.

THAT SIX AND A HALF PERCENT IS VALUABLE TO US NO BECAUSE THE STATE CAPS US AT TWO AND A HALF PERCENT GROWTH.

THAT'S WHAT WE'RE ALLOWED TO HAVE WITHOUT ANY KIND OF SHIFT IN FUNDING FROM LOCAL SOURCES TO STATE SOURCES.

SO WE'RE FOUR PERCENT ABOVE WHAT THE STATES ALLOWING US ON A COMPRESSED RATE.

ANY QUESTION AT THIS POINT? PROPOSED BUDGET.

SO ALL OF THIS INFORMATION, I'M PROVIDING THE INFORMATION TO WHAT WE'RE LOOKING FOR IN OUR PROPOSED BUDGET, YOU'LL SEE HERE WE HAVE THE CLOSURE OF THE PROPOSED AMENDED BUDGET, WHICH ONCE AGAIN IS THE ONLY AMENDMENTS WE HAVE TOTAL THE TWO POINT SIX DOLLARS MILLION

[00:15:06]

WE'RE LOOKING AT AN OVERALL BUDGET.

I CANNOT SEE.

AN OVERALL BUDGET THAT IS VERY CONSISTENT AND CLOSE.

THESE NUMBERS HERE ARE VERY, VERY TIGHT, VERY CONSISTENT AND CLOSE WITH STATE ALLOCATION OF REVENUES AND A LOCAL [INAUDIBLE].

THIS IS THE CLOSEST THAT ALLOCATION HAS BEEN IN MY 15 YEARS OF EDUCATION, YOU KNOW, TYPICALLY OUR PROPERTY VALUES AT THE LOCAL HAS GONE TO THE GREATER PERCENTAGE OF OUR REVENUES THAN THE STATE HAS.

BUT BECAUSE THE HOUSE BILL THREE AND THE COMPRESSION OF RATES, LOOKING AT THE FAST GROWTH SCHOOL RATE, THOSE TYPES OF THINGS, COMBINED WITH THE FACT THAT WE'RE PRETTY LEVEL IN OUR OVERALL NUMBERS AS FAR AS THE BUDGET'S CONCERNED.

OUR OVERALL BUDGET, YOU SEE THERE, BEING NINETY MILLION, THREE HUNDRED AND FORTY NINE THOUSAND TWENTY FIVE DOLLARS IN TOTAL REVENUES IS WHAT WE'RE PROJECTING FOR THIS CURRENT TWENTY, TWENTY, TWENTY, TWENTY ONE SCHOOL YEAR.

NOW YOU CAN LOOK AT YOUR PACKAGE AND THE VARIOUS PIECES OF THE BUDGET AND THE DIFFERENT CATEGORIES WE HAVE FOR INSTRUCTIONAL SUPPORT, THE GENERAL ADMINISTRATION AND DISTRICT OPERATIONS AND OTHER.

AND YOU LOOK AT THE DIFFERENT CATEGORIES AS YOU LOOK DOWN THAT LIST AND SEE HOW OUR SPENDING COMPARES.

ALSO, YOU'LL SEE THE IMPACTS THAT WE HAVE THIS YEAR BECAUSE OF COVID AND SOME OF THE THINGS WE HAD TO DO BECAUSE OF SALARIES AND MAKING PAYMENTS TO PEOPLE TO COME IN AND HELP US OUT SITUATIONS.

WE HAD A LOT OF DIFFERENT BALANCED AMENDMENTS THIS YEAR TO KIND OF COVER THAT.

SO YOU'LL SEE SOME DEFICIENCIES OR SOME DECREASES IN BUDGET LINE ITEMS. A LOT OF THAT'S GOING TO BE TIED YOUR PAYROLL AND SOME OF THE EXPENSES THAT WE HAVE FOR CLEANING SUPPLIES AND THOSE THINGS THAT WE NEEDED TO DO TO ADJUST FOR THE COMPLETION OF THE 19-20 SCHOOL YEAR.

BUT IN PREPARATION FOR THIS UPCOMING SCHOOL.

SO YOU'LL SEE SOME VARIANCES IN THOSE NUMBERS.

A LOT OF THOSE WILL BE CONTRIBUTED OR ATTRIBUTED TO THE COST OF WHAT WE EXPERIENCE BECAUSE OF THE PANDEMIC.

YOU'LL ALSO SEE THE FOOD SERVICE BUDGET, AS WE'RE PROPOSING HERE, AT FOUR POINT SEVENTY ONE FIVE MILLION DOLLARS.

THAT WILL NO LONGER BE A DEFICIT BUDGET THIS YEAR.

REVENUES AND WHAT WE'LL SEE FROM SOME OF THE THINGS WE'VE EXPERIENCED OVER THE SUMMER AND OUR FEEDING PROGRAM REVENUES WERE UP BECAUSE OF THE FEEDING PROGRAM.

AND WE'RE ALSO SEEING SOME OF THE SAME TYPES OF PROGRAMS THAT WILL KIND OF LAP OVER NOT TOTALLY, BUT WE DO PROJECT WITH STRONG REVENUE SOURCE THIS YEAR, ALONG WITH THE FOOD SERVICE AND THEN WITH UPCOMING EVENTS TONIGHT, WE LOOK AT DEBT SERVICE WE HAVE INCLUDED IN THIS, POTENTIAL OF WHAT'S TO COME IN NOVEMBER, WITH YOUR APPROVAL.

MOVING ON TO THE LEFT, YOU'LL NOTICE A COUPLE OF THINGS.

WE PROVIDED THE REVENUES BY SOURCE REVENUES BY MAJOR CATEGORIES, MAJOR OBJECT.

THERE'S A COUPLE OF THINGS HERE I HAVE TO MAKE SURE TO POINT OUT THE STATUTORY REQUIRED PUBLIC NOTICES, THE NOTICES FOR OUR PUBLICATIONS, WHAT WE DO TO PROVIDE A PUBLIC NOTICE, AND ALSO WHERE WE SPEND MONEY FOR LOBBYING GROUPS.

WE ARE A MEMBER OF THE [INAUDIBLE] SCHOOL COALITION.

AND SO YOU'LL SEE OUR BUDGET NUMBERS ARE NOT VERY HIGH THERE IN THE OBJECT CODE 6491, WE BUDGET A THOUSAND DOLLARS.

WE DON'T COME OUT WITH A LARGE SOURCE OF FUNDS TO THAT PARTICULAR SOURCE.

WE ARE A MEMBER OF THAT COALITION, BUT IT DOESN'T REQUIRE A LOT OF REVENUE FROM US.

PROPOSED GENERAL FUND REVENUES, THESE ARE JUST WHERE THE MONIES ARE COMING FROM AND LIKE I SAID EARLIER, VERY CLOSE AND BALANCED FROM THE STATE AND THE LOCAL TAXPAYER.

WE'RE LOOKING AT FORTY FOUR POINT EIGHT, ALMOST FORTY FOUR POINT NINE DOLLARS MILLION FROM OUR LOCAL REVENUE AND FORTY FOUR POINT FIVE MILLION DOLLARS FROM OUR STATE REVENUE.

THAT IS A VERY BALANCED FOR THE FIRST TIME HOW IN MY 15 YEARS AND IN THIS PART OF THE WORLD.

WE CONTINUE, LOOK AT OUR AVERAGE SPENDING PER STUDENT.

KEEP IN MIND, AGAIN, WE HAD THE REVENUE THAT WE MOVED IN TO COVER THE COST OF TECHNOLOGY AND THE REVENUE THAT WE MOVED IN TO COVER THE COST OF THE LAND PURCHASE FOR THE FOURTH MIDDLE SCHOOL. YOU REMOVE THAT FROM THIS EXPENDITURE, THE 2019 2020 REVENUE WOULD BE LOWER. AND SO IT WOULD BE VERY CONSISTENT WITH THE AMOUNT SPENT PER STUDENT AS WE LOOK AT THIS. BUT HERE YOU'LL SEE THE GOLD AND THE YELLOW.

[00:20:04]

AND SO IT BRINGS US BACK TOGETHER.

AND WHEN LOOKING AT OVERALL EXPENDITURES PER STUDENT AS EIGHT THOUSAND SIX HUNDRED SEVENTY NINE DOLLARS, AND FORTY CENTS. AND FOR THESE CATEGORIES THAT WE HAVE, THOSE ARE THE LISTED CATEGORIES THAT YOU SEE EACH MONTH ON YOUR BUDGET REPORT.

AND SO YOU CAN SEE WHERE MOST OF OUR MONEY GOES TO, WHICH IS NATURAL IS INSTRUCTION.

AT FIFTY FOUR POINT FIVE DOLLARS MILLION, WE'RE REJECTING FIFTEEN POINT TWO MILLION DOLLARS TO GO TO INSTRUCTIONAL SUPPORT.

GENERAL ADMINISTRATION THREE POINT FIVE AND BASIC OPERATIONS DISTRICT OPERATIONS AT SIXTEEN POINT THREE MILLION DOLLARS.

FUND BY A MAJOR OBJECT.

AS YOU KNOW, IN ANY ORGANIZATION, PAYROLL IS TYPICALLY YOUR LARGEST PERCENTAGE OF YOUR REVENUE SOURCE AND EXPENDITURES.

AND LIKEWISE HERE WE'RE PROJECTING TO SEVENTY FOUR POINT FOUR DOLLARS MILLION PAYROLL BUDGET TO MEET ALL THE THINGS THAT HAVE BEEN APPROVED THROUGH RAISES AND ADDITIONS TO STAFF. AND SO YOU ALSO SEE THE OTHER CATEGORIES BY THE OBJECTS.

ONE MORE DETAIL, YOU'LL HAVE PROGRAM [INAUDIBLE] AND SO WHEN WE LOOK AT SPECIFIC PROGRAMS LIKE CAREER TECHNOLOGY, EDUCATION HAS FOUR POINT ZERO FIVE EIGHT MILLION DOLLARS A YEAR.

SPECIAL EDUCATION HAS SEVEN POINT TWO.

AND SO YOU CAN GO AROUND THE HORN AND LOOK AT THE DIFFERENT ACCOUNTS THERE AND WHERE THERE'S MORE DETAILED INFORMATION IS COMING AS FAR AS WHERE THE BUDGET HAS BEEN EXPENDED.

CHILD NUTRITION FOOD HERE, WE'LL SEE, AS PRESENTED EARLIER ON THE SLIDE, WE'RE PROPOSING A BUDGET THAT'S GOING TO COME IN A TOTAL REVENUE SOURCE OF FOUR POINT EIGHT MILLION DOLLARS AND EXPENDITURES OF FOUR POINT SEVEN ONE THREE MILLION DOLLARS, LEAVING AN EXCESS OF REVENUE, ROUGHLY NINETY ONE THOUSAND ONE HUNDRED ONE DOLLARS.

SO WE ARE NOT PROPOSING A DEFICIT BUDGET ON THIS YEAR'S BUDGET.

DEBT SERVICE ONCE AGAIN HERE AS WE LOOK FOR SERVICES.

SEE THAT THROUGH DEBT SERVICE AT THE TOP, YOU'LL SEE THIS YEAR'S CURRENT TAX RATE OF FORTY THREE CENTS. WE ARE PROPOSING, AS WE GET INTO THIS EVENING, A FORTY EIGHT CENT DEBT SERVICE TAX RATE.

THAT IS GOOD NEWS BECAUSE IF YOU REMEMBER BACK TO THE SPRING, WE WERE PROPOSING A 50 PERCENT TAX RATE WAS OUR ESTIMATE.

SO WE'RE BACK OFF OF THAT AND ABLE TO PUSH THAT DOWN BECAUSE OF SOME OF THE EXPENSES OF ONE OF THE GOOD RESULTS ARE COVID.

AND NOT BEING ABLE TO HAVE THE MAY ELECTION WAS THAT FURTHER REDUCE THE DEBT SERVICE.

INTEREST RATES HAVE DROPPED SIGNIFICANTLY AND THAT'S ALLOWED US MORE CAPACITY TO BE ABLE TO LOWER THE RATE FOR POSSIBLE CONSIDERATION.

IN THIS, THAT WOULD INCLUDE THE FUTURE BONDS AS WE PRESENT.

IN CLOSING, WITH THIS PORTION OF THE HEARING, OUR PROPOSED TAX RATE WOULD BE A DOLLAR FORTY TWO EIGHT ONE PER ONE HUNDRED DOLLARS IN TAXABLE VALUE.

OUR HISTORICAL TAX RATES AS WE LOOK ON THE NEXT PAGE, WILL SHOW US THAT WE HAVE STEADILY DECLINED IN THE LAST SEVEN TO EIGHT YEARS.

WE CONTINUE TO WORK TO THAT AS WE CONTINUE TO GROW.

AS WE LOOK AT THE MOST RECENT BOND 14, WHERE WE'VE ADDED A NINTH GRADE CENTER, WE'VE ADDED AN ELEMENTARY CAMPUS.

SO WE SEE THAT WE'RE CONTINUOUSLY WORKING TO TRY TO MAINTAIN AND BE RESPECTFUL OF THE TAXPAYER DOLLARS AND MAKE SURE WE MAXIMIZE THE POTENTIAL OF THAT MONEY.

SO THAT TAX RATE HISTORY HAS BEEN VERY WELL.

ONE OF THE THINGS THAT'S NICE ABOUT THIS IS LAST YEAR TO 1920, WE HAD A DOLLAR FORTY TWO FLAT TAX RATE.

WE'RE PROPOSING AS WE GO THROUGH HERE, A DOLLAR FORTY TWO, EIGHT ONE VERY SLIGHT INCREASE OVERALL, BUT IT'S MINIMAL IMPACT THROUGHOUT THE COST OF A YEAR OF THE AVERAGE HOMEOWNER.

LOOKING AT THAT PROPOSED TAX RATE, IT'S BROKEN INTO TWO PIECES.

TRUTH OF TAXATION REQUIRES WE HAVE THIS DISCUSSION.

PART OF IT IS THE NO NEW REVENUE TAX RATE COMPARISON.

BASICALLY, NO NEW TAX RATE REPLACE THE EFFECTIVE TAX RATE AS FAR AS TERMINOLOGY.

ULTIMATELY, WHAT IT SAYS IS WHAT DO YOU HAVE TO CHARGE ON TAXES TO MAKE THE SAME AMOUNT OF REVENUES THAT YOU DID LAST YEAR? AND THAT'S WITH THE ADJUSTMENT OF PROPERTY VALUES.

SO OUR PROPERTY VALUES ARE THREE HUNDRED MILLION DOLLARS.

[00:25:02]

AND THEN THE OTHER ONE IS THE VOTER APPROVED TAX RATE.

OUR VOTERS APPROVED A SIX PERCENT TRE SEVERAL YEARS AGO.

THAT TRE IS ALSO ON TOP OF WHATEVER THE MAXIMUM COMPRESSED RATE IS THAT'S ESTABLISHED BY THE STATE BASED ON OUR TAX VALUES.

AND SO OUR SIX CENTS.

IF WE LOOK AT THIS, WE ADD OUR SUCCESS INTO THAT NINETY FOUR EIGHT ONE AND IT'S ACTUALLY THE COMPRESSED RATE IS 9483.

SUBTRACT SIX CENTS AND YOU'LL GET YOUR MAXIMUM COMPRESSED TAX RATE OF EIGHTY EIGHT POINT THREE ONE, THAT'S WHERE IT'S COMING FROM.

SO ADD OUR SIX CENTS FROM OUR TRE AND THAT'S WHERE WE GET OUR VOTER APPROVAL.

ALSO, YOU COMBINE THAT WITH THE I&S RATE, THEN WE GET OUR OVERALL TAX RATE OF A DOLLAR FORTY TWO WHAT WAS POTENTIALLY ELIGIBLE, A DOLLAR FORTY TWO, EIGHT THREE.

WE'RE DOING A DOLLAR FORTY TWO EIGHTY ONE AS WHAT WE PROPOSE.

AND SO WE'LL SEE THAT THERE WILL BE AS WE GO THROUGH THE MEETING TONIGHT, WE'LL SEE THE DOCUMENTATION AND THE REQUIREMENTS FOR US TO MOVE FORWARD ON TAX RATE, ONCE WE COMPLETE THIS HEARING. ANY QUESTIONS? NO QUESTIONS FOR MR. FARLEY REEVES? DO WE HAVE ANYONE WHO WOULD LIKE TO SPEAK? THIS PUBLIC HEARING IS NOW OVER.

MR. REEVES, YOU ANT TO HANG OUT RIGHT THERE.

[INAUDIBLE] OK.

BOARD IN YOUR PACKET, THERE WAS A CONSENT AGENDA IN YOUR PACKAGE.

[A. Consent Agenda]

SO MOVED. SECOND. GOT A MOTION FOR APPROVAL BY MS. JAMEY PHILLIPS, SECOND BY MR. KYLE ROGERS.

ANY FURTHER DISCUSSION.

ALL THOSE IN FAVOR SIGNIFY THE SAYING AYE:.

AYE. ANY OPPOSED.

SO NEXT ITEM ON THE AGENDA IS AN ACTION ITEM THREE B ONE, ADOPT AN

[1. Adopt an accelerated instruction budget for the 2020-2021 school year]

MR. REEVES, IF YOU COULD STEP ON THE MATT, AND GET THE CAMERA OFF OF US, I'D APPRECIATE IT. EACH YEAR, THE DISTRICT IS REQUIRED TO PROVIDE ACCELERATED INSTRUCTION BUDGET UNDER SUBSECTION B ONE, AND IT SHALL SEPARATELY BUDGET SUFFICIENT FUNDS, INCLUDING FUNDS UNDER SECTION FORTY TWO POINT ONE FIVE TWO FOR THE PURPOSE DISTRICT MAY NOT BUDGET FUNDS RECEIVED UNDER SECTION FORTY TWO POINT ONE FIVE TWO FOR ANY OTHER PURPOSE UNTIL THE DISTRICT ADOPTS A BUDGET TO SUPPORT ADDITIONAL ACCELERATED INSTRUCTION UNDER SUBSECTION B DASH ONE. THIS PORTION OF THE OVERALL BUDGET MUST BE ADOPTED BEFORE ANY OTHER FUNDS ARE APPROVED. THESE FUNDS ARE DESIGNATED TO SERVE THOSE STUDENTS WHO DO NOT PASS AND OF COURSE, EXAM. AS YOU KNOW, LAST YEAR THE END OF COURSE, EXAMS WERE NOT ADMINISTERED DUE TO THE COVID EXPERIENCE.

AND SO THIS YEAR WILL GO FORWARD AGAIN WITH THE NEXT BUDGET.

THE PORTION OF THE OVERALL BUDGET WE ARE PRESENTING TO YOU WOULD BE A SUM TOTAL OF TWENTY THOUSAND DOLLARS TO GO TO NEXT YEAR TO PAY TO TUTORIALS FOR END OF COURSE EXAMS AT FRENSHIP HIGH SCHOOL.

ANY QUESTIONS.

[INAUDIBLE]RECOMMENDATION IF IT PLEASES THE BOARD, IT IS THE RECOMMENDATION OF THE ADMINISTRATION THAT THE BOARD OF TRUSTEES APPROVE AND ADOPT THE END OF COURSE ACCELERATED CONSTRUCTION BUDGET FOR 2020-2021.

WE'VE A RECOMMENDATION FROM THE ADMINISTRATION AT THIS TIME, I'LL ENTERTAIN ANY MOTIONS.

SO MOVED. MOTION BY MR. DAVID MILLER.

RECOMMENDED BY ADMINISTRATION, CORRECT, SIR? MM HMM. I'LL SECOND.

SECOND BY MR. ANDREW COX. ANY FURTHER DISCUSSION.

ALL THOSE SIGNIFY BY SAYING, AYE: AYE. ANY OPPOSED? MOTION CARRIES. NEXT ITEM ON THE AGENDA IS TO ADOPT THE DISTRICT BUDGET, TWENTY TWENTY ONE

[2. Adopt the district budget for the 2020-2021 school year]

[00:30:04]

TONIGHT WE PRESENT TO YOU THE BUDGET IN THOSE THREE AREAS QUALIFYING.

FIRST OF ALL, WE WOULD LIKE YOU TO SHOW AND RECOMMEND TO YOU THE GENERAL FUND AT A BUDGET OF 90 MILLION THREE HUNDRED AND FORTY NINE THOUSAND FIFTEEN DOLLARS IN REVENUE AT A ZERO BALANCE BUDGET AT THE SAME AMOUNT OF NINETY MILLION THREE HUNDRED FORTY NINE THOUSAND FIFTEEN DOLLARS FOR THE BUDGET.

AS OUR GENERAL OPERATING BUDGET.

WOULD ALSO BRING TO YOU THE FOOD SERVICE FUND AT FOUR MILLION SEVEN HUNDRED FIFTEEN THOUSAND THREE HUNDRED AND SIXTY DOLLARS IN EXPENDITURES AND A REVENUE SOURCE OF FOUR POINT EIGHT MILLION DOLLARS FOUR MILLION EIGHT HUNDRED FOUR THOUSAND FOUR HUNDRED NINETY DOLLARS DEBT SERVICE.

ONCE AGAIN, WE PRESENT TO YOU THE BUDGET OF 22 MILLION FIVE HUNDRED NINETY ONE THOUSAND SIX HUNDRED AND EIGHTY TWO DOLLARS, WITH THE EXPECTED EXPENSE LEVEL OF TWENTY ONE MILLION SIX HUNDRED THIRTY ONE THOUSAND TWO HUNDRED DOLLARS.

THIS BUDGET DOES ALLOW FOR A COMPETITIVE COMPENSATION PLAN THAT WE DID PRESENT TO YOU IN JULY. THAT IS SPECIFICALLY A FIRST YEAR TEACHER SALARIES INCREASE TO FORTY THREE THOUSAND DOLLARS. WE WERE ABLE TO BECAUSE OF THE EXPECTATIONS OF CUSTODIAL SERVICES, WE MADE A PAY GRADE ADJUSTMENT TO THAT GROUP OF PEOPLE AND CUSTODIAL SERVICES TO MAKE SURE THAT WE WERE ABLE TO PROVIDE TRAINING NECESSARY FOR THEM AND THE EXTRA DUTIES THAT ARE NOW REQUIRED BECAUSE OF COVID.

I'VE LISTED HERE FOR YOU, THE REVENUE BY SOURCE.

WE'VE ALREADY DISCUSSED IN SOME DETAIL LOCAL REVENUES AT FORTY FOUR MILLION EIGHT HUNDRED NINETY TWO THOUSAND NINE HUNDRED AND TEN DOLLARS AND THE STATE REVENUE FORTY FOUR MILLION FIVE HUNDRED SIX THOUSAND ONE HUNDRED FIVE DOLLARS AND A FEDERAL EXPECTATION OF NINE HUNDRED AND FIFTY THOUSAND DOLLARS, WHICH IS OUR SHARS PERSONAL FUNDS THAT WE RECEIVE FOR OUR MEDICAID MEDICARE PROGRAM.

AND SO WITH THAT BEING SAID, THOSE NUMBERS FOR YOU, I NOW OPEN THE FLOOR FOR QUESTIONS.

WITH THAT, I DO HAVE A RECOMMENDATION.

ADMINISTRATIVE STAFF RECOMMENDS THE FRENSHIP ISD BOARD OF TRUSTEES APPROVES THE TWENTY, TWENTY, TWENTY TWENTY ONE BUDGET FOR THE FOLLOWING FUNDS PER TEA RESOURCE GUIDE, TWO POINT SIX POINT TWO.

MOVE APPROVAL OF THE ADMINISTRATION'S RECOMMENDATION.

MOTION FOR APPROVAL BY MR. KYLE ROGERS.

SECOND. SECOND BY MS. MIKELLA NEWSOME. ANY FURTHER DISCUSSION. ALL THOSE IN FAVOR SIGNIFY BY SAYING, AYE:.

AYE. ANY OPPOSE? MOTION CARRIES SIX ZERO. NEXT ITEM ON THE AGENDA IS ADOPT AN ORDINANCE SETTING THE 2020

[3. Adopt an ordinance setting the 2020 no-new-revenue tax rate]

WITH THE CONSIDERATION OF ORDINANCE SETTING THE 2020 TAX RATE, THE BOARD MUST ADOPT A TAX RATE BEFORE THE LATTER OF SEPTEMBER 30TH OR THE SIXTH DAY AFTER THE DATE THE CERTIFIED APPRAISAL ROLL IS RECEIVED BY THE DISTRICT.

YOU RECEIVED A CERTIFIED APPRAISAL ROLL THIS EVENING IN YOUR CONSENT AGENDA.

THE TAX RATE CONSISTS OF TWO COMPONENTS, EACH OF WHICH MUST BE APPROVED.

THE INTEREST AND SINKING FUND RATE, WHICH IS CALCULATED UNDER EDUCATION CODE FORTY FOUR POINT ZERO ZERO FOUR C5AIIB AND THE RATE THAT IF APPLIED TO THE TOTAL TAXABLE VALUE, WILL IMPOSE THE AMOUNT OF TAXES NEEDED TO FUND MAINTENANCE AND OPERATION EXPENDITURES OF THE DISTRICT FOR THE NEXT SCHOOL YEAR.

THE VOTE OF THE ONLY ORDINANCE RESOLUTION WAS ORDER SETTING A TAX RATE THAT EXCEEDS THE

[00:35:03]

AND AT LEAST 60 PERCENT OF THE MEMBERS OF THE BOARD MUST VOTE IN FAVOR OF THE ORDINANCE RESOLUTION ORDER.

THE NO TAX REVENUE CALCULATED BY THE LUBBOCK COUNTY APPRAISAL DISTRICT IS A DOLLAR THIRTY FOUR ONE SEVEN ZERO.

THIS REPRESENTS THE RATE IN WHICH THE DISTRICT WOULD HAVE TO TAX TO COLLECT THE SAME AMOUNT OF MONEY ON THE PREVIOUS YEAR'S PROPERTY TAXES.

AND SO THAT'S, AS I WAS DISCUSSING EARLIER, IS KIND OF WHAT THIS IS REFERRING TO.

THE RECOMMENDED TOTAL TAX RATE FOR 2020 IS A DOLLAR FORTY TWO EIGHT ONE, WHICH IS SIX POINT FOUR THREE NINE PERCENT MORE THAN NO NEW TAX REVENUE.

AND A TRUE COMPARISON, THIS RECOMMENDATION INCLUDES A FIVE CENT INCREASE TO THE I&S RATE.

ALSO IN THAT WE WOULD SEE A DECREASE OF THE MAINTENANCE OPERATION RATE FROM 99 CENTS TO NINETY FOUR EIGHT ONE.

THE RECOMMENDED TOTAL RATE WILL BE A DOLLAR FORTY TWO POINT EIGHTY ONE CENTS PER ONE HUNDRED DOLLARS IN TAXABLE VALUE.

THIS RATE IS MADE POSSIBLE BY THE CONTINUED COMPRESSION OF THE MAINTENANCE OPERATION AND INCREASES IN FUNDING FOR PUBLIC EDUCATION AS A RESULT OF THE HOUSE BILL THREE.

ANY QUESTIONS? I DO HAVE A RECOMMENDATION.

THE ADMINISTRATIVE STAFF RECOMMENDS BOARD APPROVAL OF THE ORDINANCE TO ADOPT THE MAINTENANCE AND OPERATIONS TAX RATE AND INTEREST AND SINKING (I&S) TAX RATE FOR THE TWENTY TWENTY SCHOOL YEAR. IF SO APPROVED, THERE IS A MOTION PROVIDED FOR YOU [INAUDIBLE] AT THIS TIME, I'LL ENTERTAIN ANY MOTIONS.

I'LL MOVE THAT WE HAVE APPROVE THE PROPERTY TAX AS EXPLAINED BY THE ADMINISTRATION.

SECOND. MOTION BY MS. MIKELLA NEWSOME, AND SECOND BY MR. DAVID MILLER.

ANY FURTHER DISCUSSION.

ALL THOSE IN FAVOR, SIGNIFY BY SAYING, AYE: AYE. ANY OPPOSED.

MOTION CARRIES. WE GO ON TO THE NEXT AGENDA ITEM HERE, WHICH IS

[4. An order by the Board of Trustees of Frenship Independent School District amending and restating an order calling a bond election to be held within the district; making provisions for the conduct and the giving of notice of the election; and containing other provisions relating thereto]

AN ORDER BY THE BOARD OF TRUSTEES OF FRENSHIP ISD, AMENDING AND RESTATING AN ORDER CALLING A BOND ELECTION TO BE HELD WITHIN THE DISTRICT, MAKING PROVISIONS FOR THE CONDUCT AND THE GIVING OF NOTICE OF THE ELECTION AND CONTAINING OTHER PROVISIONS RELATING THERE TO. I WROTE THAT MYSELF.

COMMEND YOURSELF ON YOUR LATIN, SIR.

I WISH [INAUDIBLE] AS YOU MIGHT RECALL, YEARS AGO WHEN WE CAME FORWARD TO YOU IN THE SPRING OF 2020 WITH A PROPOSAL OF A BOND OF TWO HUNDRED NINETY NINE MILLION SEVEN THOUSAND DOLLARS, WHICH INCLUDED THE CONSTRUCTION OF A SECOND HIGH SCHOOL, A FOURTH MIDDLE SCHOOL AND A NINTH ELEMENTARY SCHOOL, ALONG WITH OTHER RENOVATIONS AND IMPROVEMENTS AS A RESULT OF THE EVENTS OF THE SPRING THAT WAS CANCELED.

AND SO THE ELECTION WAS POSTPONED AND THEREFORE OUR ELECTION'S CANCELED UNTIL FURTHER NOTICE.

WE'D LIKE TO COME TO YOU AND EXPLAIN THAT, OBVIOUSLY, AS YOU KNOW, BONDS MAY NOT BE ISSUED AND TAXES MAY NOT BE LEVIED UNLESS AUTHORIZED BY A MAJORITY OF THE QUALIFIED VOTERS OF THE DISTRICT VOTING IN AN ELECTION HELD FOR SUCH PURPOSE AT THE EXPENSE OF THE DISTRICT IN ACCORDANCE WITH THE ELECTION CODE, EXCEPT AS PROVIDED BY THE EDUCATION CODE, FORTY FIVE POINT ZERO ZERO THREE.

THE ELECTION SHALL BE CALLED THE RESOLUTION OF ORDER OF THE BOARD.

THIS RESOLUTION OR ORDER MUST STATE THAT THE DATE OF THE ELECTION, WHICH IN OUR CASE WILL BE NOVEMBER 3RD OF 2020, THE PRODUCTION OF PROPOSITION OR PROPOSITIONS TO BE SUBMITTED AND VOTED ON, WE STILL MAINTAIN THAT WE WOULD HAVE ONE PROPOSITION OF THE TOTAL SUM AT TWO NINETY NINE POINT SEVEN MILLION DOLLARS AND THE POLLING PLACES AND OTHER MATTERS CONSIDERED NECESSARY OR ADVISABLE BY THE BOARD.

FOR AN ELECTION TO BE HELD ON A UNIFORM ELECTION DATE, THE ELECTION SHALL BE ORDERED NOT LATER THAN THE 78TH DAY BEFORE THE ELECTION.

TONIGHT, WE HAVE 78 DAYS UNTIL THE ELECTION.

[00:40:02]

BASED ON THE INPUT, A IT PRIORITIZED LIST WAS A PROJECT WAS DEVELOPED.

THE TWO HUNDRED NINETEEN POINT SEVEN MILLION IN OUR PROPOSED BOND ELECTION WILL ADDRESS THESE PRIORITIES, WHICH HAVE BEEN PRESENTED IN MORE DETAIL IN PREVIOUS BOARD WORKSHOPS.

OUR BOND COUNCIL LED BY [INAUDIBLE] LAW PREPARED THE ATTACH ORDER, CALLING AN ELECTION BASED ON CURRENTLY AVAILABLE INFORMATION.

THE BOARD MAY NEED TO AMEND THE BOND ELECTION LAW ORDER IF THE DISTRICT RECEIVES ADDITIONAL INFORMATION IMPACTING POLLING PLACES, ETC..

ANY QUESTIONS REGARDING THE POSSIBILITY OF A BOND ELECTION? I'M SURE THEY MAY HAVE SOME AFTER YOU CONTINUE, SIR.

I DO HAVE A RECOMMENDATION FOR THAT WITHOUT ANY FURTHER QUESTIONS.

WE HAVE ANY IDEA FROM BOND COUNCIL HOW MUCH THIS IS GOING TO IMPACT THE TAX RATE? OUR OVERALL TAX RATE WILL BE AS FAR AS THE OVERALL ANNUAL IMPACT ON THE AVERAGE HOME BUYER. IT WAS PROJECTED, I BELIEVE AT 4 DOLLARS ORIGINALLY WE PROJECTED FOUR DOLLARS A MONTH. WE REDUCE THAT DOWN.

I THINK IT'S I CAN'T REMEMBER RIGHT OFF HAND.

I DON'T HAVE IT WOULD BE A BELIEVE SOMEWHERE IN THE NEIGHBORHOOD--DO YOU REMEMBER, DR.

MCCORD? NO, I JUST REMEMBER THE OVERALL TAX RATE.

ITS .0081 CENT DIFFERENCE.

I HAD HEARD THAT BEFORE, BUT I THOUGHT IT WAS IMPORTANT TO GET THAT OUT.

THE OVERALL IMPACT WAS RIGHT AT TWENTY TWO DOLLARS, IF I'M REMEMBERING CORRECTLY, ON THE AVERAGE HOMEOWNER FOR THE YEAR.

SO IT'S GONE FROM A DOLLAR FORTY TWO TO A DOLLAR FORTY TWO EIGHT ONE.

SO WITH THAT IS THAT IN THE HUNDREDTH PLACE, THOUSANDTH LIKE 8 THOUSANDTHS OF A PENNY.

IF MY MATH IS RIGHT AND IT MAY NOT BE.

I WAS TRYING TO GIVE YOU A SPECIFIC VALUE [INAUDIBLE].

DID HAVE [INAUDIBLE] NOW I CAN PROVIDE FOR YOU AS WE GET THROUGH.

NOW THAT YOU ANSWERED MY QUESTION, DO YOU HAVE A RECOMMENDATION? YES, SIR, I DO. THE ADMINISTRATIVE STAFF RECOMMENDS THE APPROVAL OF THE ATTACHED ORDER AUTHORIZING A BOND ELECTION TO BE HELD WITHIN THE DISTRICT ON NOVEMBER 3RD, 2020? WE HAVE A RECOMMENDATION FROM THE ADMINISTRATION.

AT THIS TIME, I'LL ENTERTAIN ANY MOTIONS.

MOVE FOR APPROVAL OF THE RECOMMENDATION FOR ADMINISTRATION CALLING THE BOND ELECTION.

MOTION FROM MR. KYLE ROGERS TO APPROVE NUMBER FOUR.

SECOND.

SECONDED BY MS. JAMEY PHILLIPS.

ANY FURTHER DISCUSSION. ALL THOSE IN FAVOR SIGNIFY BY SAYING AYE:.

AYE. ANY OPPOSED? MOTION CARRIES, SIX ZERO. THANK YOU.

FARLEY REEVES, YOU HAVE A GOOD NIGHT.

OK, WE'RE GOING TO MOVE ON TO OUR NEXT AGENDA ITEM, WHICH IS TENTATIVE AGENDA FOR UPCOMING

[A. Tentative Agendas for Upcoming Meetings]

MCCORD, DO YOU WANT TO CARRY THIS ORDER? WE DON'T REALLY HAVE ANYTHING SPECIAL FOR THE JUST THE UPCOMING BOARD MEETING.

AND THEN WE HAVE THE TRAINING OPPORTUNITIES, WHICH IS GOTTEN MORE CONVENIENT, WHICH IS

[B. Training Opportunities]

[INAUDIBLE] SO THAT'S TASB, IT'S GOTTEN CONVENIENT, BUT IT HASN'T GOTTEN CHEAPER . THEY CHARGE THE SAME AMOUNT, BUT THEY PAY FOR [INAUDIBLE].

AND SO BUT IT IS A GREAT, EASY WAY TO GET YOUR [INAUDIBLE] AND GET THAT BEHIND YOU.

BUT, NOW DON'T LET ME MISSPEAK, MS. LIBRE, BUT SOME OF THE TRAINING FOR BOARD MEMBERS HAS BEEN BASICALLY WAIVED OR DELAYED.

[00:45:01]

SO THERE WAS SOME TRAINING THAT WE NEEDED TO DO.

IT WAS ONE OF YOUR FAVORITES, MR. DRAPER, THE ONE THAT YOU DID THE [INAUDIBLE] TEST ONLINE.

SO THAT ONE IS ACTUALLY DUE WAS DUE SEPTEMBER ONE.

BUT THEY DIDN'T HAVE THE TRAINING AVAILABLE FOR US BECAUSE THERE WERE SOME CHANGES TO IT AND THEY DIDN'T HAVE TRAINERS.

AND SO IT'S BEEN DELAYED UNTIL TWENTY, TWENTY ONE.

THANK YOU FOR REMINDING [INAUDIBLE].

WE'RE GOING TO GET 2020 IN THE HISTORY BOOKS AND THEN WE'RE GOING TO TALK ABOUT IT [INAUDIBLE] ONE.

THE OTHER THING I WOULD JUST LIKE TO SAY IS WE HAVE HAD A REALLY GOOD FIRST DAY OF SCHOOL AND I APPRECIATE ALL THESE FOLKS SITTING OUT HERE.

AND THEN I KNOW THEY ALL WILL SAY, WELL, WE DIDN'T DO ANYTHING, BUT THAT'S NOT TRUE.

AND THE SCHOOL BOARD HAS GIVEN US A LOT OF SUPPORT AND ENCOURAGEMENT AND TRUSTED US WITH THIS PROCESS. AND WE APPRECIATE IT VERY MUCH.

IT HAS NOT BEEN EASY FOR ANYONE AND THAT INCLUDES YOU ALL.

I CAN'T IMAGINE HOW MANY QUESTIONS YOU HAVE GOTTEN, BUT WE IT HAD BEEN, I THINK, A HUNDRED AND SIXTY TWO DAYS SINCE 164, I FORGET, AND SINCE WE HAD HAD KIDS ON EVERY CAMPUS. BUT EVERYBODY SEEMED TO BE EXCITED TO BE BACK.

AND I FOR ONE, COULD NOT HAVE BEEN MORE READY TO LAUNCH A PLAN BECAUSE WE HAD BEEN PLANNING THE PLAN FOR ONE HUNDRED AND SIXTY FOUR DAYS.

SO WE WE'LL HIT SOME HICCUPS AS WE ALWAYS DO, BUT AS TEACHERS DO, AND THEY MONITOR, ADJUST, WE'RE FLEXIBLE LIKE GUMBY THIS YEAR.

I HAVE HAD THE OPPORTUNITY THIS MORNING [INAUDIBLE], IT'S 7:15 IN THE MORNING, BUT THEN AGAIN AT 7:45 AND I JUST KIND OF HUNG OUT ON THE OUTSIDE WATCHING THE OVERALL MOVE WAS VERY JOVIAL AND YOU COULD SEE PARENTS AND KIDS A LOT MORE EXCITED ABOUT COMING BACK TO SCHOOL AND REALLY AND TRULY.

AND I'M A GUY THAT NORMALLY HATES TRAFFIC, BUT IT WAS NICE TO SEE THE TRAFFIC AGAIN.

SORRY CHIEF, BUT--.

I AGREE. IT WAS NICE TO SEE.

IT SEEMED LIKE EVERYBODY WAS EXCITED TO GET BACK TO SCHOOL AND KIND OF GET BACK TO THE NORMAL. I THINK SO.

I MEAN, EVERYBODY SEEMED WHICH IS USUALLY THE FIRST DAY IS ALWAYS PEOPLE ARE PRETTY MUCH HAPPY TO BE THERE, BUT THE KIDS AREN'T USUALLY AS HAPPY AS THE PARENTS FOR THE FIRST TIME. I THINK THE KIDS WERE ALMOST AS HAPPY AS MUCH AS THEY TRIED TO PRETEND LIKE THEY WEREN'T, THEY WERE HAPPY TO BE BACK AND WE WERE HAPPY TO HAVE THEM.

SO I DON'T HAVE ANYTHING ELSE.

ANY OTHER BUSINESS TO DISCUSS? THIS MEETING NOW STANDS ADJOURNED.

THANK Y'ALL FOR COMING.

* This transcript was compiled from uncorrected Closed Captioning.