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By Dennis Brown
The Lewis County Board of Education last week
agreed to refinance some revenue bonds with hopes of saving about $129,000 over
the next 11 years.
Lincoln Theinert, with Ross Sinclaire and
Associates, made a presentation to board members showing the projected savings
of refunding bonds issued in 2001.
Theinert said the current interest rates on the
existing bonds are between 4.5 percent and 4.9 percent. He said the new
projected rate is between 1.1 percent and 3.350 percent. The outstanding bonds
currently total $2,065,000.
Theinert told board members that interest rates
are near all-time lows. “Rates have never been lower than they are this
week,” he said.
He said a conservative estimate of the savings
of interest payments over the next 11 years is $129,315, or an annual savings of
nearly $12,000.
Board members adopted a resolution authorizing
the issuance of refunding revenue bonds.
Jamie Weddington, Director of Pupil Personnel,
said he had traveled to Carter County prior to the start of school and secured
300 backpacks containing back-to-school supplies for Lewis County Students.
Weddington said the backpacks were distributed
through the Youth Service Center to students across the county.
He told board members the items were given to
the county by Feed the Children and Carter County Cares organizations. Students
in Carter, Boyd, Rowan and Johnson counties also received backpacks from the
organizations.
Weddington added that cases of cleaning supplies
from the organizations were also secured to provide to flooding victims in Lewis
County.
Superintendent Maurice Reeder Jr. reported that
the first day of school went well despite a couple of unplanned events.
Reeder said storms around the area resulted in
some actual severe weather activations and some of the “drills” being
conducted earlier than planned.
He added that a power outage for customers of
the Electric Plant Board left Garrison and Central Elementary Schools without
electricity for part of the day on August 5.
Reeder credited administrators and employees at
the schools for handling the situation well and making sure things went smoothly
on the first day of classes for students.
“I’m proud of the job the employees have
done,” he told board members. “There was a lot of planning over the summer
for the return to classes and the first day back for students was just like
being off for a short break,” he added.
Reeder told board members the preschool program
is facing a budget problem this year with the reduction in funding from the
state and the increasing costs of operating the program.
“It’s a program I’m very proud of,”
Reeder said. “It helps provide a good start for the students and it helps
parents out.”
Reeder said salaries for the program total about
$400,000 and the state provides only about $97,000. He recommended implementing
a monthly tuition for the program for those who do not qualify for the program.
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Reeder suggested tuition of $200 per month for
the 10 month program and added that although the income from tuition would
not completely make up the difference, it would help. He said that the
school system’s general fund has covered the cost of the program above
state funding and said that when revenue for the district is back up and the
economy turns around, he hopes to be able to again fund the program locally.
Board members approved the recommendation. The
program is scheduled to begin on August 18 and operates each week Monday
through Thursday.
In other business last week, board members
approved the 2009-10 annual financial report as well as emergency and
provisional certification.
Board members approved setting property tax
rates for the school district at 49 cents per $100 valuation for motor
vehicles and watercraft, unchanged from the previous several years. The
rates were also approved for real estate and personal property at the state
compensating rate of 40.8 cents per $100 valuation.
Board members approved bids from Modern Foods
for milk and Gordon Food Service for most other cafeteria and food items.
Board members also approved Heiner’s Bakery as
the supplier of bread items to the school district at the same rates as the
previous school year.
Board members approved a field trip for 4-H Camp
to Carlisle for an overnight function.
Reeder reported the retirement of Diane Johnson
as of August 1, the certified hires of Emily Marshall as LCCE Assistant
Principal and Tiffany Felty as FMCTC Principal, and the transfer of Joyce
Bentley to LCMS as a teacher.
Reeder reported certified sub hires of Bobbie J.
Yates, Amanda Kidwell, Cassie Abbott, Gary Billups, Elizabeth Bisotti,
Brenda Bloomfield, Treva Bryant, Ruth A. Butler, Douglas Calland, Kaycee
McCane Christy, Karen B. Clark, Andrea Darnell, David A. Dickson, Glenna
Fetters, Joe Gilbert, Amy J. Hampton, Brenda Himes, Sandra R. Johnson, Janet
Jordan, Alice Kidwell, Ashley A. Lucas, Kayla Lykins, Melissa McKinney,
Wanda McKinney, Roger Madden, Douglas D. Mellor, Julie J. Pence, Theresa T.
Rizzo, John Michael Riffe, Jonathan Rogers, Jacob R. Sartin, John Silvey,
Carol Smith, Brenda Smyke, Tawnya Thurman, Nathan Yates, Trisha L.
Weddington, David C. White, Angela D. McGlone, Charloette Dixon, Nancy
Applegate, Rebecca Sullivan and Felicia Reeder.
Reeder reported classified sub hires of Jane
Applegate, Helen Buckner, Pansy Dummitt, Jo Ann Elliott, Lisa Fetters,
Vallary Ginn, Mary Glover, Melissa Mabe, Carol Doyle and Rebecca McCann as
cooks; Roxane Abrams, Cheryl Helphinstien, Linda Wallingford, Crystal
Flannigan, Pamela Sebastian and Jessica Tackett as instructional aides;
Helen Buckner, Kenneth Carooll, Maurice Carver, Beverly Walters, Rachel
Horsley, Roger Bentley, Brenda Scott, Adren Pollitt, Melissa Smith and
Demetrick Smith as custodians; and Brandon Vaughn district-wide.
He reported the classified resignation of Donna
Moore and the extra duty hires of William Melton as LCMS Head Football
Coach, Josh Book as Assistant Volleyball Coach, Sarah Stamm as Cross Country
Coach and Bill Allen as Girl’s Golf Coach.
Board members approved the treasurer’s report
and payment of bills before adjourning.
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