SCHOOL DISTRICT OF JEFFERSON

JEFFERSON, WISCONSIN

 

MINUTES

FINANCE AND OPERATIONS COMMITTEE

March 14, 2011

 

The Finance and Operations Committee of the Board of Education of the School District of Jefferson met on Monday, March 14, 2011, in the Jefferson High School Library.  Chairperson Schumacher called the meeting to order at 7:08 pm. with Alternate Buth present.  Committee members Thompson and Stoner were absent.  

 

Approval of Committee Minutes: A motion to approve the minutes from the February 14, 2011 committee meetings was made by Mrs. Schumacher, seconded by Mr. Buth.  The motion passed on a unanimous voice vote. 

 

FINANCE TOPICS:

Requests for Early Retirement:

Richard Nowlain, technology education teacher at Jefferson High School- 30 years

Dennis Linse, associate principal at Jefferson High School – 32 years

 

A motion to recommend to the Board approval of the retirement request from Mr. Nowlain as presented including the retirement provisions as outlined in the JEA Master Agreement and the retirement request from Mr. Linse as presented including the retirement provisions as outlined in the Administrative Retirement Program was made by Mr. Buth, seconded by Mrs. Schumacher.  The motion passed on a unanimous voice vote.

 

Archaeological Investigations Proposals: Point of Beginning has received three proposals for the district’s archaeological work.  They feel all three firms offer comparable services.  Point of Beginning is recommending that the district proceed with entering into a contract with the low bidder, Great Lakes Archaeological Research Center, Inc. (GLARC), at a cost of $1,000.  This proposal covers the initial archaeological investigation and reporting.  If no artifacts are found, this will be the extent of the school district’s expenses.  If artifacts are discovered, additional work by the archaeologist will be required and fees for those services will need to be negotiated at that time.

 

A motion to forward to the full Board a recommendation to proceed with entering into a contract with Great Lakes Archaeological Research Center, Inc. in the amount of $1,000 as recommended and forward for full Board approval was made by Mr. Buth, seconded by Mrs. Schumacher.  The motion passed on a unanimous voice vote.

 

Status of Qualified Energy Conservation Bonds: Mrs. Peachey noted that the district has received official notice that its application for Qualified Energy Conservation Bonds (QECBs) has been approved for $2,346,832, which is the balance of funds available in the program at this time. 

 

The Board has the option to delay the bond sale until April 25, 2011 to buy more time to determine if any other QECB allocations would be unused and thus become available for us to use.  Alternatively, the Board could proceed with the bond sale on March 21, 2011 as originally planned.

 

The estimated additional interest cost savings from using the $2.3 million of QECBs is approximately $500,000.

Following a discussion of the options, a motion to proceed with the bond sale to be formally approved by the Board on March 21, 2011 was made by Mr. Buth, seconded by Mrs. Schumacher.  The motion passed on a unanimous voice vote.

 

OPERATIONS TOPICS:

Employment(s)

None

 

Resignation(s)

None

 

2012-13 Teaching Calendar: Mr. Swartz noted that the JEA has withdrawn their tentative agreement on the 2012-2013 calendar.  No committee action was taken.

 

FACILITY TOPICS:

Jefferson High School Facilities Project Update

Mr. Swartz provided a brief update on the high school construction project. And progress to date

 

Discussion of Possible Topics for Future Meetings:

None

 

A motion to adjourn was made by Mr. Buth, seconded by Mrs. Schumacher. The motion passed on a voice vote. 

                                                                    

ADJOURNMENT: 7:25 p.m.

BOARD OF EDUCATION

Pati Fitzgerald, Board Secretary