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Board closes on $21 million in bond proceeds, extends superintendent contract and approves routine financial items
Summary
Finance lead Steve said the district closed on 2026 bonds on June 29, producing just over $21,000,000 in building-and-site proceeds; the board approved routine annual finance housekeeping, retained auditor Plant Moran and legal counsel, and voted to extend the superintendent's contract after a 2.98/3 evaluation.
Finance lead Steve told the board the district issued and closed the 2026 bond on June 29, bringing "just over $21,000,000" into the 2026 building-and-site fund; he noted the June report shows only two days of interest because proceeds arrived June 29 and said the district will invest funds to maximize returns. "We issued and closed on the 2026 bonds on, June 29," Steve said.
The board then moved through routine annual finance actions: approval of designated cash and investment depositories, authorization of signer lists for checking, savings and payroll (allowing the superintendent, board president or controller to sign), and approval of existing purchase-card limits. The board approved retainer service providers for 2026–27, naming auditor Plant Moran (a misprint will be corrected in the record) and reauthorizing longstanding legal counsel (spelled in the record as "Troon" or "Thrun").
On personnel, the board voted to extend the superintendent's contract as a rolling three-year agreement following a June 15 evaluation; the superintendent's final rating was recorded as 2.98 out of 3. The extension was adopted by roll call with Stephanie, Lucas, Lisa, Tina, Ron and Board President Dave each recorded as "Yes." The board also approved the second reading of policy 8120.09 (volunteers), retaining background checks and adding possible required training for cardiac-arrest or mental-health emergencies, by roll-call vote.
No dollar amounts for retainer fees or contract salary adjustments were specified in the meeting record; the board characterized these items as routine annual authorizations.
