54:17The board underscored the need for additional funding, as previous referendums in 2019 and 2021 failed, prompting temporary solutions to avoid significant cuts. The current voter-approved operating referendum stands at $725 per student, below the state average of $1,147. In response, the board is considering a referendum for November 2025, proposing an increase of $1,550 per adjusted pupil unit. This additional revenue aims to enhance teacher hiring and retention, reduce projected class sizes, and maintain essential programs, including vocational and technical education. The board emphasized the importance of investing in education for future community leadership, stating that children are the future of the community.

01:02:18The meeting also included a presentation on the district’s facilities condition assessment by Kraus Anderson, revealing approximately $55.7 million in deferred maintenance over the next decade. The assessment identified critical needs, particularly in roofing and HVAC systems, with the high school facing the highest projected costs. Despite effective past investments, the gap between available funding and necessary repairs remains a concern. The presentation highlighted that while the district receives limited funding, the demand for repairs exceeds financial resources.

15:30In addition to funding discussions, the board reviewed a proposed music trip to Europe for Monticello High School students, scheduled for spring 2027. Dr. Laren, the choir teacher, introduced the proposal, detailing an itinerary that includes visits to Germany, Austria, Slovakia, and Hungary. The trip, aligned with the music curriculum, offers students an immersive experience in Western classical and European folk music. The proposal includes accommodations, meals, and chaperones. Financial considerations were addressed, with a total cost of $4,474 for students, and fundraising options available to offset expenses. The board unanimously supported the proposal.

37:35The meeting also covered the preliminary 2025-2026 general fund budget, presented by Director of Business Services Tina Burke Holder. The budget anticipates 4,360 students, including early childhood special education students, influencing revenue estimates. The district expects a 2.74% increase in general education aid from the state, although additional funding for summer unemployment remains uncertain. The budget projects a reduction of 6.9 full-time equivalent positions due to changing student needs, while health insurance costs are expected to rise. Despite anticipated expense increases, the district aims to avoid short-term borrowing for cash flow needs, with total expenditures projected at about half a percent under budget.

Concerns about the district’s fund balance policy were discussed, as the projected unassigned fund balance falls short of the desired 8% threshold. Revenue estimates for the general fund are reported at $61.1 million, with local property tax revenues stable. However, some local source revenues have decreased due to one-time credits and changes in cooperative agreements. The majority of revenue is expected from state sources, particularly as special education expenditures rise.

The board also considered a resolution to revoke existing referendum revenue authorization and approve a new one, alongside calling an election. Public copies of the resolution were made available, with questions raised about future funding implications and the district’s financial health. Burke Holder expressed concerns about compensatory funds and revenue uncertainties, highlighting the need for timely information to adjust enrollment and funding.

In addition to financial discussions, the meeting touched on facility assessments and educational adequacy within the district. A representative emphasized the importance of planning for asset replacements and understanding educational needs through facility assessments. The conversation included community engagement efforts to gather input on school facility values and needs, potentially leading to a survey to gauge interest and priorities.

01:42:28The meeting concluded with a second reading of policy 710 regarding extracurricular transportation, broadening the definition of employees to include vetted volunteers for school function transportation. The board approved the policy adjustment, allowing vetted volunteers to be recognized as employees for transportation purposes.