In Oct. 22 Issue
“We saved $80,770 just by refinancing two bonds,” said Superintendent Scott Pierce.
He told the board at this Monday night's regular meeting that IRS rules stipulate a bond must be 10 years old before it can be refinanced, but with interest rates being what they are refinancing one bond from 1999 and another from 1998 saved the district a substantial amount of money.
Removing that 10-year rule would save the district and municipalities across the country a great deal of money he added.
Another issue addressed was a Pandemic Flu Response Plan.
"We have a five-stage plan formulated with the health departments, the department of education," Pierce said. He said the response to cases is based on a number of variables to insure the actions are neither too strident not to lax.
The changes include different cleaning plans, health monitoring and how to deliver lessons to students out of school because of illness.
But at the present the planning is for something that has yet to arrive.
"Actually we've not been below 90 percent attendance," Pierce said. "The worst was about three weeks ago at Russell Springs."
He explained that those absences were not flu related however and at this time he is aware of only one confirmed H1N1 case in the county.
In the plan, as pandemic conditions become more dire outside visitors to campuses are limited, and eventually banned. Bus service can also be limited, with more and more stringent cleaning, along with limits on food service and eventually if the situation worsens school could be closed.
Pierce said the plan will be explained fully on the school district's Web site.