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School board approves five‑year lease‑purchase for ~4,000 iPads to expand student devices
Summary
Board approved a five‑year Apple lease‑purchase to acquire just over 4,000 iPads (11th generation) financed interest‑free; annual payments estimated about $381,000 per year for five years.
The Eagle Point School District 9 board on March 19 approved a five‑year lease‑purchase agreement to acquire roughly 4,000 Apple iPads for district students and staff.
District staff said the purchase follows a student 1:1 committee recommendation. The plan purchases 11th‑generation iPad devices with keyboards and touchpads and excludes Circeo (the transcript reference for one school shifting to Chromebooks). The district described the arrangement as a lease that functions as a purchase: Apple finances the devices over five years interest‑free and the district will own the devices at lease end.
Key details: staff said the district will buy “just over 4,000 iPads,” pay about $381,000 per year over five years, and expects to sell older devices to third parties (staff estimated about 3,000 older devices on hand and resale values of $80–$100 each). The five‑year plan reduces annual cost from a prior three‑year lease structure that would have cost about $566,000 per year.
Staff also said they budget for breakage and loss—about 5% per year based on recent history—and that some device replacements are covered by optional student insurance. Board members asked whether the district must purchase all units at once; staff said the technology team prefers a single purchase so devices are uniform across cohorts.
The motion to approve the Apple iPad lease/purchase agreement passed on a roll call vote.
