Dilworth-Glyndon-Felton School Board Secures $747,000 Savings with Bond Sale
- Meeting Overview:
The Dilworth-Glyndon-Felton School Board meeting covered a range of topics, with the most significant being the successful sale of general obligation school building refunding bonds, resulting in a substantial savings of approximately $747,000 for the district. This outcome stemmed from receiving a AAA rating through the Minnesota credit enhancement program and an A stable underlying rating, leading to eight competitive bids for the bonds. The bond sale, with a closing date set for November 20, reduced the bond size from the anticipated $12.2 million to slightly over $12 million and is expected to generate additional funds through an investment rate of over 4%.
The bond sale was a focal point due to its financial implications and the district’s strategic approach in maximizing savings. The lowest bid came from Jeff out of New York at a rate of 2.7315%, while the highest was 2.8864%. The advantageous terms are attributed to the diligent efforts of the district administration and their engagement with Standard & Poor’s during the rating process. Attachments provided a detailed bid tab and a summary of savings.
In tandem with financial matters, the board also discussed the district’s farm-to-school program, which is gaining momentum through local partnerships. The program has engaged with the Amish community, procuring 75 turkeys and 446 chickens for upcoming Thanksgiving meals. This initiative not only supports local agriculture but also enriches students’ dining experiences. The district has spent over $262,000 on local food since January 2023. Notable collaborations include an Alaskan seafood supplier, with plans to introduce salmon to the school menu.
The board also addressed federal legislative matters, particularly bill HR5753, which could increase federal reimbursement rates for school meals by July 2026. Two Minnesota state bills are under review, one mandating plant-based meal options in public schools, and another allowing schools to provide free milk without requiring a full lunch.
Local food sourcing remains a priority, with produce from Two Brothers Farm supplying a variety of vegetables, including cucumbers, cabbage, and tomatoes. The board reviewed updates from the facilities and transportation committee, discussing ongoing mediation processes and the anticipated purchase of a van expected in early November. An informal meeting in mid-January will address a potential land swap, assessing tax impacts and parcel values with Morehead representatives.
The District Team report featured a presentation on the Multi-Tiered Systems of Support (MTSS), which aims to improve student outcomes through intentional testing and intervention strategies. Challenges in scheduling interventions at the middle school level were acknowledged, highlighting the coordinator’s dedication to the initiative beyond regular hours.
The superintendent’s brief report included a humorous recount of an unintended television appearance and preparations for a referendum vote on November 4. Efforts to connect with the public through a video presentation were noted, emphasizing the importance of community engagement in understanding school finance. The board member expressed pride in educating students about district matters, encouraging seniors to participate in voting and discuss the financial implications with their families.
Further discussions covered the approval of bills amounting to $48,006.19, the resignation of two staff members, and the swift approval of the community education annual report. The board also addressed fundraising efforts, including the retroactive approval of an FFA fruit sale.
Peter Grant
School Board Officials:
David Eilertson (Chairperson), Nicole Reno (Vice-Chairperson), Laura Eidem (Clerk), Brittany Kuehl (Treasurer), Angela Olson (Director), Troy Kind (Director), Micah Thureen (Director)
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Meeting Type:
School Board
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Committee:
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Meeting Date:
10/27/2025
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Recording Published:
10/28/2025
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Duration:
48 Minutes
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Notability Score:
Routine
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State:
Minnesota
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County:
Clay County
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Towns:
Dilworth, Elkton Township, Elmwood Township, Felton, Felton Township, Flowing Township, Glyndon, Glyndon Township, Hagen Township, Moland Township, Morken Township, Riverton Township, Spring Prairie Township, Viding Township
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