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Board approves bond refunding, continues Chartwells contract and authorizes staff raise pools
Summary
The board approved a refunding resolution saving the district $261,106 on $7 million in bonds, voted to continue its contract with Chartwells, and approved staffing report-related raises: a 2.5% classified pool (cost up to $216,679) and a 1.8% administrative pool ($56,198).
In a series of routine business items on May 11, the Leavenworth USD board approved a bond refunding resolution, continued the district’s agreement with Chartwells for food service, and authorized pools for staff raises.
Finance staff reported that a refunding of $7 million in general-obligation bonds reduced interest to 3.02% from 4.00%, producing total savings of $261,106 while keeping the original maturity date of 2031. The board moved to adopt the resolution authorizing the sale and delivery of refunding bonds; the motion passed on voice vote.
A board member moved to continue the five-year food-service management agreement with Chartwells (now entering year four); the motion was seconded and approved.
Following an executive session on non-elected personnel, the board approved the staffing report as presented and authorized a 2.5% pool for classified staff raises (cost not to exceed $216,679) and a 1.8% pool for administrative staff raises at a cost of $56,198; both measures were approved by voice vote.
Votes recorded on the record were consistent with unanimous voice approvals for these items.
