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Board approves employee compensation package, GMP for Mountain Trail off-site work and refunding bonds resolution
Summary
The governing board approved a fiscal-year 2025–26 compensation package (3% raise and other changes), a guaranteed maximum price (GMP) for off-site improvements at Mountain Trail Academy, and a resolution authorizing refunding bonds for potential taxpayer savings.
The Queen Creek Unified School District governing board approved multiple formal actions during the meeting, including a recommended compensation package for fiscal year 2025–26, a guaranteed maximum price (GMP) for Mountain Trail Academy off-site work, and a resolution to issue refunding bonds.
Compensation package: Jessica Johnson presented a recommended package for fiscal year 2025–26 that the board said aims to retain and attract staff. The package includes a 3% raise for current employees in all employee groups, a stipend tied to years of service and an increase to the teacher base pay. The recommendation was delivered to the superintendent’s advisory committee and the district leadership team for feedback. A board member moved approval, the motion was seconded, and the board approved the compensation package by voice vote.
GMP for Mountain Trail Academy (GMP No. 3): Staff described the GMP as covering off-site work along South Mountain Road, including a single-lane road improvement and a deceleration lane leading into the property; additional scope was required to meet Maricopa County Department of Transportation requirements. The agenda item also noted a final SRP design that includes additional duct bank for future development and said SRP will reimburse portions above standard development needs. A motion to approve GMP No. 3 for Mountain Trail Academy was moved, seconded and approved by voice vote.
Refunding bonds resolution: The business office and financial advisor Stifel presented options to refund previously approved bonds with a call date of July 1, 2025. Staff said the district holds roughly $54,000,000 in bonds that could be targeted for current refunding with a closing in April 2025 and that the estimates showed a potential savings of about $2,700,000. The board approved a resolution authorizing issuance of Refunding Bonds, Series 2025, and delegated final-term authority to the superintendent, chief operating officer and/or chief financial officer to complete financing steps and engage Stifel as underwriter.
Other routine actions: The board approved the consent agenda in its entirety and approved personnel items. Votes were taken by motion, second and voice vote; the transcript records “all in favor” or “aye” with no roll-call tallies provided in the meeting record.
No recorded votes opposed or individual board-member tallies were provided in the transcript for these items. If the board intends to record individual roll-call votes, that was not captured in the audio transcript provided.
