Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Board Business topic
No spam. Unsubscribe anytime.
Board reviews finances, policy readings and candidate filing dates; COP prepayment proposed
Summary
The board reviewed routine business: federal impact aid expected (~$100,000), candidate filing dates (Dec. 9–30, 2025) for four seats, first readings of MSBA policy updates, and a proposed prepayment of a COP that advisors said could save about $30,000.
At its regular meeting, the Smithville R-II Board of Education handled several finance and policy items ranging from routine to potentially budget‑saving.
Dr. Moss told the board the district expects a recurring federal impact aid payment, typically about $100,000 per year, that had been delayed but now is being received and will factor into FY 2026 budget planning. "We do receive a small portion of funds. It's usually about a $100,000 a year for federal impact aid," Dr. Moss said.
The board announced candidate filing dates for the April election: Dec. 9, 2025, through Dec. 30, 2025. The chair said there will be three three‑year seats and one one‑year seat open in April, for a total of four vacancies.
On policy, the board moved to approve MSBA policy FED for the first of two readings and discussed a larger set of J‑series student‑policy updates that administrators would review with building leadership to identify procedure changes before a second reading.
On debt management, Dr. Moss and district advisors recommended prepaying a Series 2025 certificate of participation (COP) from capital Fund 4. "It would save you an interest. We believe the interest savings will be right around or a little bit more than $30,000," Dr. Moss said, adding that the district's capital funds are strong enough to support the prepayment without affecting operating or instructional funds. Counsel and advisors (Gilmore Bell and Raymond James) were cited as having participated in the recommendation.
Several routine consent‑agenda items were read into the record earlier in the meeting, including minutes, payables, and contracts for technology and lighting; the chair called for votes on those items during the meeting. There were no public comments recorded during the audience‑comment portion.
